ZIM Integrated Shipping Services Q2 2025 Earnings: Revenue Down 15%, Net Income Down 94%

Friday, Aug 22, 2025 7:17 am ET1min read

ZIM Integrated Shipping Services reported Q2 2025 earnings that missed expectations, with revenue down 15% to $1.64b, net income down 94% to $22.8m, and profit margin down to 1.4% from 19% in Q2 2024. Earnings per share (EPS) also missed analyst estimates by 83%. The company's shares are down 13% from a week ago.

ZIM Integrated Shipping Services Ltd. (NYSE: ZIM) reported its Q2 2025 earnings, which fell short of analyst expectations. The company's revenue declined by 15% to $1.64 billion, while net income decreased by 94% to $22.8 million. The earnings per share (EPS) missed analyst estimates by 83%, and the company's shares are down 13% from a week ago [1].

The company's President and CEO, Eli Glickman, attributed the underperformance to market volatility and tariff announcements, stating that the company leveraged its transformed fleet and improved cost structure to mitigate negative effects. ZIM generated revenue of $1.6 billion and net income of $24 million, with adjusted EBITDA of $472 million and adjusted EBIT of $149 million [1].

Despite the challenging conditions, ZIM maintained total liquidity of $2.9 billion at June 30, having paid approximately $470 million in dividends in the second quarter. The company declared a dividend of $0.06 per share, totaling $7 million based on Q2 results. ZIM also revised its full-year guidance, raising the lower end of its adjusted EBITDA and adjusted EBIT ranges [1].

The company's CFO, Xavier Destriau, presented key financial and operational highlights, noting that second-quarter revenues were $1.6 billion, down 15% compared to last year. Total revenues in the first half of 2025 of $3.6 billion were up $147 million, or 4% year-over-year. The average freight rate per TEU in the second quarter was $1,479, compared to $1,674 per TEU in the second quarter of last year [1].

ZIM's balance sheet shows total debt decreased by $115 million since prior year-end. The company currently operates 123 containerships with a total capacity of 767,000 TEUs, with 2/3 of this capacity coming from newbuild vessels received during 2023 and 2024 [1].

References:
[1] https://www.insidermonkey.com/blog/zim-integrated-shipping-services-ltd-nysezim-q2-2025-earnings-call-transcript-1594868/

ZIM Integrated Shipping Services Q2 2025 Earnings: Revenue Down 15%, Net Income Down 94%

Comments



Add a public comment...
No comments

No comments yet