ZIM Integrated Shipping Services Ltd. (ZIM) raised its full-year guidance after reporting strong results over the past nine months, despite continued market uncertainty.
The Israeli-shipping line updated its full year 2025 guidance and now expects to generate Adjusted EBITDA between US$2.0 billion and US$2.2 billion and Adjusted EBIT between US$700 million and US$900 million.
Previously, the company expected to generate Adjusted EBITDA between US$1.8 billion and US$2.2 billion and Adjusted EBIT between US$550 million and US$950 million.
Eli Glickman, president & CEO of ZIM, said the company's business resilience was evident in the third quarter, when it delivered "solid earnings" while navigating a volatile rate environment, influenced by a complex geopolitical landscape, frequent changes in tariff policies and an ongoing global trade war.
"With larger, more modern, cost-effective capacity, we continued to capitalize on our agile fleet deployment strategy, which enables ZIM to respond quickly to developments in market conditions, now facing downward pricing pressure."
Glickman noted that in addition to adapting ZIM's Transpacific network based on prevailing demand trends, the shipping line also diversified its geographic footprint to capture new growth opportunities.
"The current market environment has been marked by disruptions and fluctuations more frequent and acute than in the past. Amidst such uncertainty, our focus remains on controlling what we can and taking proactive steps to drive sustainable and profitable growth over the long term," he said.
"We intend to build on our progress to date through continued diligent execution—further strengthening ZIM’s business resilience, both commercially and operationally, and advancing our competitive position in the industry.”
ZIM raises proft guidance
“Looking ahead, while fourth quarter market conditions have weakened, we are increasing the midpoints of our 2025 guidance ranges based on our strong performance to date," the ZIM chief executive said.
"Overall, we believe our differentiated commercial strategy, enhanced fleet profile, and improved cost structure position ZIM to weather near-term volatility and deliver long-term value for shareholders."
ZIM reported third‑quarter 2025 net income of US$123 million, down sharply from US$1.13 billion in the same period of 2024. Operating income (EBIT) was US$259 million, compared with US$1.24 billion a year earlier. Adjusted EBITDA totaled US$593 million, a 61% year‑over‑year decline, while adjusted EBIT was US$260 million, versus US$1.24 billion in the third quarter of 2024.
Revenues fell 36% to US$1.78 billion, driven primarily by lower freight rates and a modest drop in carried volume. The average freight rate per TEU decreased to US$1,602, compared with US$2,480 a year earlier. Carried volume slipped 5% to 926,000 TEUs, down from 970,000 TEUs in the third quarter of 2024.
For the nine months ended Sept. 30, 2025, ZIM reported revenues of US$5.42 billion, down from US$6.26 billion a year earlier, reflecting lower freight rates. The carrier handled 2.77 million TEUs, little changed from 2024, though the average rate per TEU fell to US$1,622 from US$1,889.
Operating income dropped to US$873 million from US$1.87 billion, pressured by weaker revenues and higher depreciation. Net income declined to US$443 million, compared with US$1.59 billion in the same period of 2024.
