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25 May 2019 The on-line newspaper devoted to the world of transports 04:00 GMT+2

November 7, 2018

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ICTSI records quarterly records of containerized trade and economic performances

In the period July-september the harbour terminals of the group have enlivened beyond 2,4 million container (+6.4%)

In the period July-september of this year the harbour terminals managed from the Philippine group International Container Services Inc. Terminal (ICTSI) have enlivened a quarterly containerized trade record of beyond 2,4 million teu, with an increment of +6.4% on the same period of 2017 and with an increase of about 49 thousand teu compared to the previous achieved historical record in according to trimester of 2018. A contribution to the increase has reached from the new acquired activities from the group, to clearly of which the rise of the traffic enlivened in the third trimester of 2018 approximately turns out pairs to +4%.

The new quarterly peak is recorded thanks to the record of containerized trade enlivened from the Asian terminals of the group that has been pairs to 1,3 million teu (+9.7%). More contained the increase of the traffic enlivened from the terminals in the Americas, that it is piled to 713 thousand teu (+3.1%), and by the situated harbour terminals in Europe, Middle East and Africa, than has been attested to 388 thousand teu (+1.8%).

The increase of the containerized trade has contributed to the attainment of the new quarterly record of revenues of the group that in the period July-september of this year has turned out pairs to 335,2 million dollars (+10.1%), with a total record of 344,0 million dollars of revenues produced from harbour activities (+9.3%). Values record are marked also by the EBITDA, the EBIT and the profit clearly that they are piled respective to 162,5 million dollars (+12.0%), 113,8 million dollars (+14.7%) and 62,9 million dollars (+18.7%).

In the first nine months of the 2018 Philippine group it has recorded revenues pairs to 1,04 billion dollars, with an increase of +8.3% on the same period last year, of which 1,01 billion generated from harbour activities (+9.5%). The EBITDA has turned out of 426,1 million dollars (+6.3%), the operating profit of 318,1 million dollars (+4.1%) and the profit clearly of 174,2 million dollars (+3.6%).

In the period January-september of this year the harbour terminals of ICTSI have enlivened a containerized trade pairs than altogether more 7,1 million teu (+4.6%; +2% to clearly of the new acquisitions), of which 3,8 million teu enlivened in Asia (+7.1%), 2,2 million teu in the Americas (- 1.0%) and 1,2 million teu in Europe, Middle East and Africa (+7.8%).

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