AJOT | August 19, 2024 | Maritime | Liner Shipping
• Reported revenues of $1.93 billion, net income of $373 million, adjusted EBITDA of $766 million and adjusted EBIT of $488 million ; achieved adjusted EBITDA and adjusted EBIT margins of 40% and 25%, respectively
• Achieved 11% volume growth with record carried volume of 952 thousand TEUs
• Increased full year 2024 guidance to adjusted EBITDA of $2.6 billion to $3.0 billion and adjusted EBIT of $1.45 billion to $1.85 billion
• Declared dividend of $112 million, or $0.93 per share