ANNOUNCEMENT
Consequently, given the strong result in Q2 2021 and the exceptional market situation still expected to continue at least until the end of the full-year 2021, the full year guidance for 2021 has been revised upwards with an underlying EBITDA now expected in the range of
As a consequence of the higher earnings expectations, and despite increasing net working capital and higher instalments related to higher charter lease liabilities, the free cash flow (FCF) for the full-year 2021 is now expected to be minimum
The outlook for the global market demand growth for the full-year 2021 has been revised up to 6-8% from previously 5-7%, primarily still driven by the export volumes out of
Earnings in the third quarter are expected to exceed the level for Q2 2021. Trading conditions for the quarters ahead are, however, still subject to a higher than normal volatility due to the temporary nature of current demand patterns, disruptions in the supply chains and equipment shortages.
APMM will publish its Q2 interim result on
Contact persons:
Head of Investor Relations,
Head of External Relations,
Attachment
- Announcement - Trading update Q2 and full year guidance 2021
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