APMM Q2 2023 Financial Results
Terminals highlights Q2 2023
-
Continued strong profitability, despite lower revenue
•
USDM
Terminals' EBITDA bridge
500
Terminals' volume decreased by 6.5% (-3.4% like-for-like),
primarily driven by a weak market in North America, where
volumes declined by 12%. Utilization dropped to 72%
(79%)
400
400
-36
5-
331
-75
37
Revenue per move decreased by 9.3% (-6.4% like-for-like)
to USD 310, driven by the normalisation of storage income,
partly offset by CPI-related tariff increases
300
200
Cost per move decreased by 7.6% (-3.1% like-for-like) to
USD 245 as Terminals was able to match lower activity
level with cost saving initiatives, offsetting inflation
20
APMM Q2 2023 Financial Results
100
0
EBITDA
Q2 2022
Volume
effect
Volume
mix & FX
Revenue per
move effect
Cost per
move &
others
EBITDA
Q2 2023
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