NYSE$ZIM

ZIM Shipping Services Ltd · Q1 2025 earnings

Q1 2025 earnings · · Before market open · Investor relations

Briefing

ZIM reported a strong performance in Q1 2025 with increased revenue, net income, and volume growth compared to the previous year.

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.

Headline financials

Total Revenue

$2.01B

Previous: $1.56B+28.5%
EPS (adj)

$2.45

Previous: $0.75+226.7%
Adjusted EBITDA

$779M

No prior period
Adjusted EBITDA Margin

39.0%

No prior period
Carried Volume (TEUs)

944.0K

No prior period
Avg Freight Rate per TEU

$1.78K

No prior period
Net Leverage Ratio

0.6

No prior period
Net Debt

$2.49B

No prior period
Capital Expenditures

-$78M

Previous: -$24.4M-219.7%
Net Income

$296M

Previous: $90.3M+227.8%
Operating Income

$464M

Previous: $163M+185.2%
Gross Profit

$533M

Previous: $221M+141.7%

Revenue & EPS history

ZIM · Revenue · Quarterly

$2.01B

Q1 2025+28.5%vs Q1 2024
Beat estimate in 8 of 16 quarters(50%)
ActualEstimate

Forward guidance

ZIM reaffirmed its full-year 2025 guidance, expecting strong profitability despite uncertain macroeconomic conditions.

Tailwinds

  • Full-year 2025 Adjusted EBITDA guidance of $1.6B to $2.2B reaffirmed
  • Adjusted EBIT projected between $350M and $950M
  • Improved fleet efficiency and cost structure
  • Declared dividend of $89M (30% of net income)
  • Strategic flexibility in response to shifting global trade dynamics

Headwinds

  • High uncertainty in global trade environment
  • Market volatility influenced by geopolitical risks
  • Impact of cargo flow shifts from Asia to U.S.
  • Environmental regulations could drive operational changes
  • Fluctuating freight and fuel costs may affect margins

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 17 quarterly earnings reports · overlaid with Q1 2025

Historical avgQ1 2025

-1.9%

Avg return

Earnings day

+2.0%

Avg return

5 days after

-4.8%

Avg return

30 days after

39%

7 / 18 earnings

Positive

+17.6%

Q4 2022

Best reaction

-20.3%

Q4 2023

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q2 2026———
Q1 2026-1.6%-1.3%-4.4%
Q3 2025+0.1%+16.5%+14.9%
Q2 2025-1.5%-9.1%-7.6%
Q1 2025+5.8%-1.5%-3.3%
Q1 2024-0.8%+9.7%+5.1%
Q4 2023-20.3%-18.2%-13.4%
Q3 2023-6.8%-10.0%+23.6%
Q2 2023-7.8%-6.1%-18.2%
Q1 2023-18.6%-21.3%-29.5%
Q4 2022+17.6%+22.5%+1.4%
Q3 2022-3.0%-7.6%-33.4%
Q2 2022+1.1%+0.0%-42.0%
Q1 2022-2.0%+7.2%-22.5%
Q4 2021+8.6%+16.8%-18.3%
Q3 2021+8.7%+13.8%+1.7%
Q2 2021-1.1%+6.3%+30.5%
Q1 2021+4.9%+4.8%+1.5%
Q4 2020-18.3%+14.2%+27.5%
Q4 2019———
Q4 2018———
Q3 2018———
Q2 2018———
Q1 2018———
Q4 2017———
Q3 2017———
Q2 2017———
Q1 2017———
Q4 2016———
Q3 2016———
Q2 2016———
Q1 2016———
Q4 2015———
Q3 2015———
Q2 2015———
Q1 2015———
Q4 2014———
Q3 2014———
Q2 2014———
Q1 2014———
Q4 2013———
Q3 2013———

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