APMM FY & Q4 2023 Financial Results slide image

APMM FY & Q4 2023 Financial Results

6 Highlights Performing while transforming Logistics & Services Building for profitable growth USDM EBITDA EBIT Revenue 2,061 3,860 3,542 3,016 328 285 1,442 219 158 68 Q1'20 Q4'20 Q4'21 Q4'22 • . • Transitional year with normalisation affecting price and volumes following Covid-fuelled boom of 2021-2022 Integration of recent acquisitions expanded capabilities and coverage New customer wins demonstrating solid underlying demand for products APMM FY & Q4 2023 Financial Results Ocean Effective cost management Normalized to 100 Terminals Resilient returns Revenue (USDm) / ROIC (%) 1,089 999 1,019 202 872 184 12% 740 11%. 11% 8% 125 114 110 6% 100 108 5% 112 92 99 98 107 102 Revenue Loaded volumes Unit costs, fixed bunker* Q4'23 Q1'20 Q4'20 Q4'21 Q4'22 Revenue ROIC Q4'23 Q1'20 Q4'20 Q4'21 ROIC excl. Impairment in Russia Q4'22 Q4'23 Continued efforts on bringing costs down to 2019 levels eased headwinds from rapidly increasing supply Excellent asset utilisation with strong schedule reliability • • Minimal Q4 impact from Red Sea disruption • Fixed bunker price of 550 USD/FFE Very strong performance despite normalisation of storage revenue Excellent cost containment, tariff increases and high utilization resulted in ROIC (10.5%) ahead of mid-term targets Application of automation and lean methods with potential for further uplift MAERSK
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