Maersk raises full-year EBITDA guidance to $10.5 billion-$12.5 billion

A.P. Moller-Maersk increased its full-year outlook, saying stronger earnings and improved visibility for the remainder of the year support a higher target despite ongoing conflict in the Middle East. The Danish shipping group now expects underlying earnings before interest, taxes, depreciation, and amortization to reach $10.5 billion to $12.5 billion, up from its previous guidance range of $8 billion to $10 billion.

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