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19 January 2019 The on-line newspaper devoted to the world of transports 18:29 GMT+1

April 11, 2018

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Original news
In the 2017 revenues of the terminalista group German Eurogate they are diminished of -4,9%

The exercise is closed with a profit clearly of 85,2 million euros (+12.2%)

The terminalista group German Eurogate has archived item 2017, year in which the harbour terminals of the group they have enlivened 14,4 million container with a decrease of the -1,4% on 2016(on 1° February 2018), with revenues pairs to 607,9 million euros, a bending of the -4,9% on the exercise anniversary precedence. EBITDA and EBIT have recorded decrease respective of the -4,5% and the -1,3% coming down to 146,3 million and 100,3 million euros. The profit clearly is piled to 85,2 million euros, with an increment of +12.2% on 2016.

Commenting the results achieved from the group in 2017, today the president of Eurogate, Michael Blach, have evidenced that last year the terminals of the group in the ports of Bremerhaven and Wilhelmshaven have benefitted of the reorganization of the services of line of the main shipowning alliances. The terminals in the first harbour port of call in fact have enlivened 5,5 million teu, with an increase of +0.9%, while in according to port the traffic it has been of 554 thousand teu (+15.1%). Increments that have partially balanced the decrease of -25,6% of the traffic enlivened in the port of Amburgo and bending of the -7,5% of the traffic enlivened in the Italian ports from the participated Contship Italy, balance to which has contributed also to the increase of 46.5% of the traffic enlivened in the other terminals foreign countries to Tanger Med, Limassol, Lisbon and Ust-Luga that the German group is under responsibility of.

Relatively to the recorded increase to Wilhelmshaven, Blach has found that "a positive result, I yield of a decision of the Ocean Alliance in favor of the single port in deep waters of Germany, has been the inclusion of Eurogate Container Wilhelmshaven Terminal in its Network of services. Positive - it has emphasized Blach - also the news that the Volkswagen group will move in the site and will create you a logistics center. This will confer to Wilhelmshaven an ulterior impulse".

Eurogate considers that in the 2018 total conditions of the market in which work the group will remain stable.

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