ZIM Integrated Shipping Services ( (ZIM) ) has shared an update.
ZIM Integrated Shipping Services Ltd. announced its financial results for the fourth quarter and full year of 2024, reporting a net income of $2.15 billion and revenues of $8.43 billion, marking significant improvements from the previous year. The company achieved a record carried volume of 982 thousand TEUs in Q4 2024 and declared a Q4 dividend of approximately $382 million. The results reflect ZIM’s successful fleet transformation and market share gains, positioning it strongly despite industry volatility.
More about ZIM Integrated Shipping Services
ZIM Integrated Shipping Services Ltd. is a global container liner shipping company. It focuses on providing shipping services and has a significant presence in the Asia to U.S. East Coast trade, U.S. West Coast expedited services, and Latin America.
YTD Price Performance: -12.87%
Average Trading Volume: 5,260,455
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $2.44B
For a thorough assessment of ZIM stock, go to TipRanks’ Stock Analysis page.
Trending Articles:
Questions or Comments about the article? Write to editor@tipranks.com