Q2 profit drops 88%

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In the second quarter of 2016, Maersk group delivered a profit of[ds_preview] 118mill. $ (Q2 2015: 1.1 bn $) and an underlying profit of 134mill. $ (Q2 2015: 1.1 bn $). The expectation for 2016 of an underlying result significantly below last year is unchanged. The underlying group profit of 134 mill. $ was significantly lower than for the same period last year for all businesses except Damco, Maersk said. The return on invested capital (ROIC) was 2.0% (10.2%).