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Citi sees downside in ZIM Integrated stock to $13. That translates to potential for a 32% downside on top of a big decline in $ZIM today.

'Revenues for the first quarter were $1.56 billion, a year-on-year increase of 14%'

Operator: Thank you for standing by, and welcome to the ZIM Integrated Shipping Services First Quarter 2024 Earnings Conference Call.

ZIM has released its financial report for the first quarter ending 31 March, disclosing revenues of $1.56 billion.

ZIM Reports Financial Results for the First Quarter of 2024; Raising Full Year 2024 Guidance Reported Revenues of $1.56 Billion, Net Income...

ZIM's first quarter FY24 sales up 14%, EPS at $0.75. Adjusted EBITDA rose 14%, net leverage ratio at 2.8x. Dividend of $0.23 declared. Raised outlook.

In this article, we discuss the 25 richest billionaires in logistics industry.

ZIM Integrated Shipping Services Ltd. (ZIM) reported Wednesday that its fourth-quarter net loss was $147 million, compared to a net profit of $417 million a year ago.

Spot rates are back above breakeven and Zim’s costs are falling. The post Is Wall Street warming back up to containership line Zim? appeared first on FreightWaves.

A blockade eventually broken up by police stopped the Israeli-owned ZIM Ganges from reaching Melbourne port for days.