Maersk Q4 profit lag forecast
![Maersk Q4 profit lag forecast](https://devdiscourse.blob.core.windows.net/devnews/22_08_2020_02_59_06_807666.jpg)
Shipping group A.P. Moller-Maersk on Wednesday reported fourth-quarter earnings slightly below expectations and forecast 2023 profits significantly below last year's levels.
The company said in a statement it expected underlying earnings before interest, taxation, depreciation and amortisation (EBITDA) between $8 billion and $11 billion this year, compared with $36.8 billion last year.
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)
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