A.P. Moller-Maersk A/S said on Monday that it has upgraded its financial outlook for the full year 2026, attributing the change to ongoing strength in the container shipping market and a rise in spot market rates.
The Danish shipping group now expects underlying EBITDA of $8 billion to $10 billion for 2026, an upward revision from its prior range of $4.5 billion to $7 billion. At the same time, Maersk adjusted its underlying EBIT guidance to $2 billion to $4 billion, compared with the previous range of negative $1.5 billion to positive $1 billion.
On free cash flow, the company said it now anticipates at least negative $1.5 billion for the year, an improvement versus its earlier projection of at least negative $3 billion.
Maersk attributed the stronger guidance to particular strength in demand originating from the Far East along with a continued increase in spot market rates. The company also revisited its outlook for global container market volume growth in 2026, raising the midpoint: it now expects about 4% growth for the full year, versus a prior estimate range of 2% to 4%.
The company plans to publish its complete second-quarter interim results on August 13, 2026.
Contextual note: The revised guidance replaces previously issued numerical ranges and reflects Maersk's assessment of market conditions at the time of the update.
- Timing - Full second-quarter interim results will be released on August 13, 2026.
- Financial ranges - Underlying EBITDA: $8 billion to $10 billion; Underlying EBIT: $2 billion to $4 billion; Free cash flow: at least negative $1.5 billion.
- Volume outlook - Global container market volume growth revised to about 4% for full-year 2026.