Ulrik Bak's questions to AMKBY leadership • Q3 2024
Question
Questioned the sustainability of the recent growth and margin improvement in the Logistics & Services segment and asked about the expected timing for achieving the 6% EBIT margin target.
Answer
The CEO expressed satisfaction with the sequential improvement but noted they are not yet at their target level. He believes the improvements are sustainable, driven by structural efforts. The main focus for further margin expansion is in the Warehousing and Distribution business. He expects continued sequential improvement, aiming for a margin between 5.1% and 6% in Q4, with the goal of consistently staying above 6% in the medium term.