APL Logistics maintained its 3Q 2013 Core EBIT at US$19 million, with Core EBIT margin staying steady at 5.1%, compared to the same quarter last year. APL Logistics’ year-to-date Core EBIT improved 10% over the same three quarters of 2012, aided by business expansion coupled with operating efficiency and productivity growth. The business reported a 3% year-to-date improvement in revenue to US$1.2 billion compared to last year.
Change % Better/(Worse)
Core EBIT* (US$m)
Core EBIT margin
* With effect from 3Q13, in addition to interest expense, the definition of Core EBIT has changed to exclude other finance expense and income. Comparative numbers have been restated accordingly.