Maersk Group delivered a profit in Q2 of 1.1 bill. $ negatively impacted[ds_preview] by the low oil price and lower average container freight rates. The loss compared with 2.25 bill. $ in 2014 and a 12% lower revenue at 10.5 bill. $ was caused by decreases in Maersk Line, Maersk Oil and APM Terminals and increases for Maersk Drilling and APM Shipping Services. »We reiterate our strategic direction of targeting profitable growth with top-quartile performance and a ROIC above 10% over the cycle in all business units,« says Group CEO Nils Smedegaard Andersen. The turbulence in the oil price has had a negative influence in the oil and offshore markets. This has changed the outlook for Maersk Oil, Maersk Drilling, APM Terminals and APM Shipping Services, where previously announced profit and growth targets will be replaced by plans adapting to the volatile environment. Maersk Line, the world’s biggest container operator in terms of capacity contributed 499 mill. $ from 543 mill. $ a year ago.
