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
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