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19 January 2019 The on-line newspaper devoted to the world of transports 07:00 GMT+1

May 8, 2018

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Original news
It continues the trend of increase of the results of the charter of Textainer container

Brewer: in order to take advantage of the interesting market conditions we are continuing with our investments

It continues the increase of the economic results recorded from the American Textainer that, with a container fleet pairs to beyond 3,3 million teu, of which 80% of property, it is one of the main world-wide societies of chartering and sale of containers. In the first three months of the 2018 American company it has totaled revenues pairs to 133,2 million dollars, with an increment of +14.2% on the first trimester last year, of which 120,2 million dollars deriving from the activity of chartering of container (+11.7%). The EBITDA rectified has attested to 105,2 million dollars (+28.2%) and the operating profit to 48,7 million dollars (+142.8%). Textainer has archived item the first trimester of this year with a profit for the shareholders pairs to 18,7 million dollars respect to a loss of -7,0 million dollars in the correspondent period of 2017.

"Although in our field the first trimester more weak person is traditionally the trimester - she has commented the president and managing director of the Textainer, Philip Brewer - the fundamental ones continues to being solid. The new prices of the container and the yields of the charterings are stable to interesting levels. The rate I use of the fleet (pairs to 97.8% in first trimester 2018 regarding 95.0% in first trimester 2017, ndr) is high and in the course of this period of the year the riconsegne of containers rental they have been inferior to the waits. The used amount of container that it is sold is reduced because of the limited availability of the escort of containers on sale due to the elevated rate I use of the fleet and the used prices of the container continue to being high".

"In order to take advantage of these interesting conditions of market - it has continued Brewer - we are continuing with our programmed investments for the purchase of new container. This year we have ordered and taken in delivery new container for 428 million dollars. The majority of these containers is already rental or is about to be taken in delivery within the june end. The medium installment of chartering for this new container is meaningfully advanced regarding the medium installment of our current fleet".

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