JPMorgan Downgrades ZIM Integrated Shipping Services (ZIM) to Neutral
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ZIM Reports Financial Results for the Third Quarter and the First Nine Months of 2023
November 15, 2023 7:00 AM ESTReported Revenues of $1,273 Million, Net Loss of $2,270 Million (Including a Non-Cash Impairment Loss of $2,063 Million)1, Adjusted EBITDA2Â of $211 Million and Adjusted EBIT Loss2Â of $213 Million
Revised 2023 Full Year Guidance: Expects to Generate Adjusted EBITDA of $900-$1,100 Million and Adjusted EBIT Loss of $600-$400 Million3
HAIFA, Israel, Nov. 15, 2023... More
