Maersk Lifts Full-Year Profit Forecast

A.P. Moller-Maersk A/S

lifted its net profit forecast for the full year. Maersk's quarterly net profit dropped to 5.26 billion Danish kroner, versus DKK6.54 billion, in the year-earlier period. However, analysts were expecting a net profit of DKK5.56 billion. Maersk's revenue surged 11% to DKK88.82 billion.