20
Tue, May

ZIM delivers strong Q1 results, reaffirms full-year outlook

Container News
ZIM delivers strong Q1 results, reaffirms full-year outlook

ZIM Integrated Shipping Services Ltd. announced a strong start to 2025, reporting impressive financial and operational results for the first quarter.

The company posted revenues of US$2.01 billion, net income of US$296 million, adjusted EBITDA of US$779 million, and adjusted EBIT of US$463 million.

Driven by solid demand and strategic network optimization, ZIM achieved a 12% year-over-year increase in carried volumes, transporting 944,000 TEUs in the first three months of the year.

Eli Glickman, ZIM President & CEO, commented on the results, stating:

“ZIM began the year with positive momentum, delivering 12% carried volume growth and strong earnings in the first quarter. Drawing on our transformed fleet and enhanced cost structure, we generated Q1 revenues of US$2.01 billion and net income of US$296 million.”

He added that the company’s shareholder-focused approach remains central to its strategy:

“Building on our proven track record of returning capital to shareholders, we declared a dividend of US$0.74 per share, or US$89 million, representing approximately 30% of our quarterly net income.”

Despite ongoing uncertainties in the global trade environment, ZIM reaffirmed its full-year 2025 guidance, projecting Adjusted EBITDA between US$1.6 billion and US$2.2 billion and Adjusted EBIT in the range of US$350 million to US$950 million.

Glickman acknowledged the challenges ahead, saying:

“The operating environment is highly uncertain, driven by a range of factors impacting global trade and economic expectations. For ZIM, our focus is on controlling what we can and responding to market shifts quickly with decisive actions.”

He noted that ZIM recently modified its network to better align with shifting cargo flows from China and Southeast Asia into the United States, reinforcing the company’s agility in adapting to changing market conditions.

Concluding on a confident note, Glickman emphasized the company’s long-term strategy:

“We are confident that we have built a resilient business and will continue to benefit from the strategic investment in our fleet with larger, more modern, cost-effective capacity, approximately 40% of which is LNG-fueled. Supported by our lower cost base, we believe ZIM is well positioned to drive profitable growth over the long term.”

With a modernized fleet, disciplined cost management, and an adaptable commercial approach, ZIM remains well-positioned to capitalize on market opportunities and deliver value to shareholders throughout 2025 and beyond.

The post ZIM delivers strong Q1 results, reaffirms full-year outlook appeared first on Container News.

Content Original Link:

Original Source CONTAINER NEWS

" target="_blank">

Original Source CONTAINER NEWS

SILVER ADVERTISERS

BRONZE ADVERTISERS

Infomarine banners

Advertise in Maritime Directory

Publishers

Publishers