APMM Q3 2023 Financial Results slide image

APMM Q3 2023 Financial Results

5 Highlights Comprehensive focus on costs and organizational efficiency intensified . Restructuring measures expanded . ⚫ Workforce reduced from 110,000 to 103,000 (end of Q3) . ⚫ Further measures announced to reduce below 100,000 Expected savings of USD ~600m in 2024 Restructuring costs now expected at USD 350m Continuous focus on cost measures and efficient utilisation of our assets Given the expected continuation of the difficult market environment, APMM is lowering CAPEX and considering all options to preserve cash including reviewing the continuation of the share buy-back programme in 2024 APMM Q3 2023 Financial Results MAERSK
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