APMM Q3 2023 Financial Results
Terminals Third quarter 2023
Resilient margins despite significantly lower revenue
•
Terminals' volume decreased by 4.1%, due to exits and
construction in India, but the net impact on EBITDA is
positive due to better location mix
USDM
500
Terminals' EBITDA bridge
391
400
-2
15.
-70
353
•
Utilization dropped to 76% (81%) due to a 5.9% increase in
capacity
19
300
.
⚫ Revenue per move decreased by 6.5% (-6.4% like-for-like)
to USD 314, impacted by normalisation of storage revenue
200
.
⚫ Cost per move decreased by 5.0% (unchanged like-for-like)
as cost savings were offset by higher depreciation from
ongoing modernization and expansions
100
22
21
APMM Q3 2023 Financial Results
EBITDA
Q3 2022
Volume
effect
Volume
mix & FX
Revenue
Cost
EBITDA
Q3 2023
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