5 Most Profitable European Stocks

3. A.P. Møller – Mærsk A/S (OTCMKTS:AMKBY)

Trailing Twelve Months Net Income: $29.3 billion

Number of Hedge Fund Holders In Q3 2022: N/A

A.P. Møller – Mærsk A/S (OTCMKTS:AMKBY) is a Danish shipping company that is also one of the largest of its kind in the world. It focuses primarily on container shipping services on the ocean, cold chain logistics, and supply chain management. A.P. Møller – Mærsk A/S (OTCMKTS:AMKBY) is headquartered in Copenhagen, Denmark.

After another global shipping slowdown last year, A.P. Møller – Mærsk A/S (OTCMKTS:AMKBY) reported in February 2023 that its bunker fuel consumption dropped to 2.55 million mt in the fourth quarter of 2022, for a 9.2% annual drop and the lowest since the peak of the pandemic.