• Reconfirms FY25 underlying earnings guidance of at least 5.0% increase
• Completed MIRRAT acquisition and finalised enterprise agreements
• Expects limited impact from global trade tariffs

Qube Holdings Limited, Australia's largest provider of integrated import and export logistics services, has provided an update on its recent performance and outlook for FY25. The company is pleased to reconfirm its FY25 underlying earnings guidance that underlying NPATA and EPSA will increase by at least 5.0%, despite the financial impact of significant unexpected weather events in Western Australia and Brisbane in recent months. All of Qube's key markets, including containers, agri, automotive, forestry, and resources, performed in line with or ahead of expectations. Qube also achieved several important milestones in H2-FY25, including the completion of the MIRRAT acquisition, the finalisation of a new 4-year enterprise agreement for Qube Ports, and the early resolution of a 3-year enterprise agreement extension for Patrick with no industrial disruption. Qube does not expect to be materially impacted by the imposition of global trade tariffs, as a large proportion of its logistics services relate to non-discretionary products or markets where Australia has limited manufacturing capacity. The company also provided an update on the recent transaction undertaken by Brookfield Infrastructure regarding its 50% holding in Patrick Container Terminals, noting that there will be no change to Qube's 50% ownership of Patrick.

Qube reconfirms its FY25 underlying earnings guidance that underlying NPATA and EPSA will increase by at least 5.0%.