On November 20, 2024, ZIM Integrated Shipping Services Ltd. reported a significant turnaround with a net income of $1.13 billion for the third quarter of 2024, a stark contrast to the net loss of $2.27 billion in the same period of the previous year. The company's revenue soared to $2.77 billion, marking a 117% increase year-over-year, driven by a 12% growth in carried volume and a substantial rise in average freight rates. Adjusted EBITDA reached $1.53 billion, and Adjusted EBIT was $1.24 billion for the quarter. ZIM also announced an increased dividend payout totaling approximately $440 million, reflecting a regular dividend and a special dividend based on the quarter's net income. The company's strong performance led to an upward revision of its full-year 2024 guidance, with Adjusted EBITDA now expected to be between $3.3 billion and $3.6 billion, and Adjusted EBIT forecasted between $2.15 billion and $2.45 billion. The results were released alongside ZIM's condensed consolidated unaudited interim financial statements for the period ending September 30, 2024.

On November 20, 2024, ZIM Integrated Shipping Services Ltd. reported a significant turnaround with a net income of $1.13 billion for the third quarter of 2024, a stark contrast to the net loss of $2.27 billion in the same period of the previous year. The company's revenue soared to $2.77 billion, marking a 117% increase year-over-year, driven by a 12% growth in carried volume and a substantial rise in average freight rates. Adjusted EBITDA reached $1.53 billion, and Adjusted EBIT was $1.24 billion for the quarter. ZIM also announced an increased dividend payout totaling approximately $440 million, reflecting a regular dividend and a special dividend based on the quarter's net income. The company's strong performance led to an upward revision of its full-year 2024 guidance, with Adjusted EBITDA now expected to be between $3.3 billion and $3.6 billion, and Adjusted EBIT forecasted between $2.15 billion and $2.45 billion. The results were released alongside ZIM's condensed consolidated unaudited interim financial statements for the period ending September 30, 2024.