APMM FY & Q4 2023 Financial Results
Terminals Fourth quarter 2023
Growing top-line and robust margins
USDM
Terminals' EBITDA bridge
•
Terminals' volume increased by 3.2% (6.8% like-for-like
excluding exits) driven by the Americas, impacting EBITDA
positively by USD 38m
350
325
⚫ Revenue per move decreased by 1.8% with decreasing
storage due to global supply chain decongestion being
offset by increasing tariffs
•
Cost per move decreased by 2.4% due to exits and inflation
offsetting cost initiatives
• Utilization increased to 77% (74%) with the positive volume
impact, being partially offset by increases in capacity from
ongoing modernization programs
21
21
APMM FY & Q4 2023 Financial Results
-6
38
-13
303
300
288
275
EBITDA
Q4 2022
Volume
effect
Volume mix
& FX effect
Revenue,
storage
and exits
Cost and
Other, incl.
one-off's
EBITDA
Q4 2023
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