The shares of the large logistics company Maersk rose by more than 10% after the publication of the results for the fourth quarter, which turned out to be better than expected.
According to the results of the fourth quarter, Maersk reported profits that exceeded analytical forecasts three times, thanks to the restoration of global trade after the pandemic.
"Today, we can confirm that our strategy focused on containers and logistics is working," stated the company’s chief executive officer, adding that better results in the market help make Maersk more resilient to potential crisis situations.
Maersk also noted that the profit growth in the past year allowed it to reduce the company's debt and reactivate its share buyback program.
