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16 December 2017 The on-line newspaper devoted to the world of transports 19:55 GMT+1



November 23, 2017

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Original news
It continues the rise of the economic results of the Zim Israeli

In the third trimester the fleet of the company has transported 688 thousand container (+10.6%)

In the third trimester of this year the economic results of the company of Israeli navigation Zim have shown an ulterior improvement. The period has been archived item with revenues produced from the activity of the fleet and the correlated services pairs to 816,7 million dollars, with an increment of +26.8% regarding 643,9 million dollars in the period July-september of 2016. The decided rise of the volume of transactions is generated by the increase of the transported containerized volumes from the ships of the company, that they have been pairs to 688 thousand teu (+10.6%), and from an sensitive rise of the hires, in existence from the second half of the year of 2016, with a medium revenue for transported container teu that has turned out pairs to 1.058 dollars (+19.2%).

In the third trimester of the 2017 operating profit of the Zim respect to an operating result of sign is piled to 53,8 million dollars negative for -7,2 million dollars in the same period last year. The company has recorded a profit clearly of 25,2 million dollars respect to a net loss of -37,6 million dollars in the third trimester of 2016.

"The encouraging results of the third trimester of the Zim - it has commented the president and managing director of the company, Eli Glickman - constitute reason of optimism and confide that they reflect an overhong that we will be able to maintain in the next trimesters. However we must still tackle to many challenges, between which the uncertainty of the conditions of the market, included the levels of the hires and the prices of the fuel. I - he has specified Glickman - consider that we are on the right roads, because we continue to obtain turned out higher than average of the field thanks to our incessant attention turned to the profit, the efficiency and the approach oriented to the customer".

In the first nine months of this year the fleet of portacontainer of the company has transported cargo volumes pairs to 1,95 million teu, with an increase of +7.1% on the period January-september of 2016. The medium revenue for teu has turned out pairs to 1.008 dollars (+12.2%).

In the first nine months of the 2017 revenues they have been attested to 2,22 billion dollars, with an increase of +17.6% regarding 1,89 billion dollars in the correspondent period last year. Operating and useful profit clearly has been pairs respective to 114,8 million and 21,1 million dollars against results both of sign negative for -78,1 million and -168,0 million dollars in the period January-september of 2016.


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