ZIM Integrated Shipping Services Ltd. (ZIM) Tops Q3 EPS by $2.91

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Go back to ZIM Integrated Shipping Services Ltd. (ZIM) Tops Q3 EPS by $2.91

ZIM Reports Record Financial Results for the Third Quarter of 2021

November 17, 2021 7:00 AM EST

Generated Highest Ever Quarterly Net Income of $1.46 Billion and Adjusted EBITDA[1] of $2.08 Billion

Transitioned to Quarterly Dividend Payout, Declared Q3 2021 Dividend of $2.50 per Share, Representing Approx. 20% of Quarterly Net Income; 30-50% of Total 2021 Net Income Expected to be Distributed in 2022

Significantly Increased 2021 Guidance to Between $6.2 Billion and $6.4 Billion of Adjusted EBITDA and Between $5.4 Billion to $5.6 Billion of Adjusted EBIT[2]

Q3 2021 Carried Volume Increased 16% Year Over Year, Significantly Higher than Market Growth

HAIFA, Israel, Nov. 17, 2021 /PRNewswire/... More