APMM FY & Q4 2023 Financial Results slide image

APMM FY & Q4 2023 Financial Results

Guidance 2024 financial guidance APMM expects global container volume growth to be 2.5-4.5% and to grow in line with the market • APMM provides its 2024 financial outlook against the backdrop of: . Significant oversupply challenge (as previously communicated in Nov '23) to materialise fully over the course of the year High uncertainty around duration and degree of Red Sea disruption - duration from one quarter to full year reflected in guidance range Considering these factors APMM expects for the full-year 2024, with a front-loading towards the start of the year: EBITDA underlying 1.0 to 6.0 USDbn EBIT underlying USDbn Free cash flow -5.0 to 0 -5.0 USDbn CAPEX guidance 2024-2025 9.0 to 10.0 USDbn CAPEX guidance 2023-2024 8.0 to 9.0 USDbn . Underlying EBITDA of USD 1.0bn to 6.0bn • Underlying EBIT of USD -5.0bn to Obn Free cash flow (FCF) of USD -5.0bn or higher 10 10 Unchanged 2023-2024 CAPEX guidance of USD 8.0-9.0bn and 2024-2025 expected at USD 9.0-10.0bn APMM FY & Q4 2023 Financial Results MAERSK
View entire presentation