Market Pulse Week 48: Zim reported net profits of $1.13 Bn and EBIT of $1.24 Bn
for the 3rd quarter of 2024, concluding the reporting season for the publicly
listed carriers. Zim’s EBIT margin of 44.7% puts it in 4th place behind EMC, HMM
and Yang Ming but Zim delivered the highest annualized RoE of 115% in Q3 2024 -
twice that of the second-best performer EMC and more than 4 times more than the
industry average ROE of 25%.
Market Pulse Week 47: Asian carriers have outperformed their European p