ZIM Earnings Reports

ZIM Integrated Shipping Services delivered solid Q1 2025 results, marked by a 28% revenue growth, improved profitability, and a substantial increase in carried volume and average freight rates.

ZIM delivered an exceptional Q4 2024, with revenue surging 80% YoY to $2.17 billion. The company returned to profitability, reporting net income of $563 million compared to a loss in Q4 2023. Adjusted EBITDA grew 409% to $967 million, reflecting improved operating conditions and cost efficiencies. Record carried volume of 982K TEUs and higher freight rates contributed to the strong performance.