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ZIM Integrated Shipping reports Q3 sales up 117% to $2.77B, boosting dividends and raising EBITDA guidance.
ZIM Integrated Shipping Services reported a significant 117% increase in Q3 sales to $2.77 billion, driven by a 12% rise in cargo volume and a 118% hike in average freight rates.
The company also saw a 626% jump in adjusted EBITDA to $1.53 billion.
ZIM declared a total dividend of $440 million, including a regular and special dividend, and raised its full-year EBITDA guidance to $3.3-$3.6 billion.
Shares rose 9% in pre-market trading.
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ZIM Integrated Shipping informa que las ventas de Q3 aumentan un 117% a $2.77B, aumentando los dividendos y aumentando la orientación EBITDA.