ZIM Integrated Shipping Services Ltd. (ZIM) Q1 2023 Earnings Call Transcript

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Q1: 2023-05-22 Earnings Summary

EPS of -$0.50 misses by $0.28
 | Revenue of $1.37B (-63.02% Y/Y) misses by $211.64M

ZIM Integrated Shipping Services Ltd. (NYSE:ZIM) Q1 2023 Earnings Conference Call May 22, 2023 8:00 AM ET

Corporate Participants

Elana Holzman - Head, Investor Relations
Eli Glickman - President & Chief Executive Officer
Xavier Destriau - Chief Financial Officer

Conference Call Participants

Omar Nokta - Jefferies
Sathish Sivakumar - Citigroup
Sam Bland - JPMorgan
Muneeba Kayani - Bank of America
Alexia Dogani - Barclays

Operator

Ladies and gentlemen, thank you for standing by. Welcome and thank you for joining the ZIM Integrated Shipping Services Q1 2023 Earnings Conference Call. Throughout today's recorded presentation, all participants will be in a listen-only mode. The presentation will be followed by a question-and-answer session. [Operator Instructions]

And I would now like to turn the conference over to Elana Holzman, Head of Investor Relations. Please go ahead.

Elana Holzman

Thank you, Natolin, and welcome to ZIM's first quarter 2023 financial results conference call. Joining me on the call today are Eli Glickman, ZIM's President and CEO; and Xavier Destriau, ZIM's CFO.

Before we begin, I would like to remind you that during the course of this call, we will make forward-looking statements regarding expectations, predictions, projections or future events or results. We believe that our expectations and assumptions are reasonable. We wish to caution you that such statements reflect only the Company's current expectations, and that actual events or results may differ, including materially.

You are kindly referred to consider the risk factors and cautionary language described in the documents the Company filed with the Securities and Exchange Commission, including our 2022 annual report filed on Form 20-F. We undertake no obligation to update these forward-looking statements.

At this time, I would like to turn the call over to ZIM's CEO, Eli Glickman. Eli?

Eli Glickman

Thank you, Elana, and welcome everyone to today's call.

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