Record 2011 results for APM Terminals


APM Terminals has announced it experienced record breaking annual results for 2011.

The company said revenue growth soared 10% year-on-year to $4.7 billion and that 2011 was their strongest year ever.

"This shows that APM Terminals is tracking well towards our long term goal of being the best and most profitable global port operator in the world," said Kim Fejfer, CEO of APM Terminals.

"If there were such a thing as 'market share' for expansion, we believe that APM Terminals would be the number one global port operator in 2011 in that category.

"We committed more than $3 billion to infrastructure development and facility expansion in 2011 and expect to do something similar in 2012."

Containers handled by APM Terminals increased 7% compared to the same period last year.

The company also added that its customer portfolio expanded to 46%.

"2011 was also the year where we developed and implemented a new corporate visual identity to enhance the APM Terminals brand as a result independent company," said Fejfer. "We will continue to diversify our client portfolio in the upcoming years."

A.P. MOLLER - MAERSK GROUP

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