ZIM Integrated Shipping: Impressive Growth
ZIMZIM Integrated Shipping Services .(ZIM) Seeking Alpha·2024-08-22 21:31
Abstract Aerial ArtZIM Integrated Shipping Services (NYSE:ZIM) reported earnings for its second fiscal quarter last week that came in way ahead of average EPS and top line predictions. The shipping company is benefiting from an improving macroeconomic outlook and strong pricing support in the freight market which resulted in a significantly increased EBITDA guidance for the current fiscal year. ZIM Integrated Shipping also posed significantly improved key metrics including revenue, free cash flow and av ...