Salem Radio Network News Monday, June 29, 2026

Business

Maersk upgrades 2026 earnings guidance on strong demand

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June 29 (Reuters) – Shipping ​group Maersk on Monday upgraded its earnings guidance for this year on strong demand in the container market, particularly in Asia.

Its forecast for earnings before interest, taxes, depreciation, and amortization has been adjusted to $8 billion to $10 billion from $4.5 to $7 billion, the company said in a statement.

The outlook for adjusted earnings before interest and taxes for fiscal 2026 has been updated to between $2 billion and $4 billion, it added.

(Reporting by Hyunsu Yim in Barcelona; Editing by Jan Harvey)

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