ZIM Integrated Shipping (ZIM) Misses Q1 EPS by 39c, Revenue In-Line, Offers Guidance

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ZIM Reports Financial Results for the First Quarter of 2024; Raising Full Year 2024 Guidance

May 21, 2024 7:00 AM EDT

Reported Revenues of $1.56 Billion, Net Income of $92 Million, Adjusted EBITDA1 of $427 Million and Adjusted EBIT of $167 Million

Increased Full Year 2024 Guidance to Adjusted EBITDA of $1,150 Million to $1,550 Million and Adjusted EBIT of $0 to $400 Million2

Declared Dividend of $28 million or $0.23 per Share

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