AP Moller - Maersk is moving forward aggressively with its transformation strategy, having just announced a Capex investment of US$1 bn over the next two years, while mergers and acquisitions will continue to be a strong element of its growth plans.
“After delivering strong earnings and growth momentum during the last year, which saw the strategy of becoming an integrated container logistics company validated, we continue to see a significant opportunity in the market for global end-to-end logistics,” said CEO Søren Skou.
“At the heart of Maersk´s integrator strategy lies the value-creation model, which links logistics and ocean through customer synergies and ocean and terminals though financials and operational synergies,” he added.
“Whereas ocean will continue to deliver stable earnings levels and be a strong enabler of the company’s strategy, logistics & services aims for significantly higher growth rates and new ways of addressing customers’ needs.”
Vincent Clerc, CEO of ocean and logistics, is confident that logistics & services has become the line’s growth engine, capable of growing organically at 10% a year while maintaining a strong Ebit margin above 6%.
On the terminal side, Maersk plans to invest approximately US$ 600m on automation in around 30 terminals.