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04 June 2020 The on-line newspaper devoted to the world of transports 16:16 GMT+2

November 23, 2018

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Original news
The increase of the costs has determined an emphasized decrease of the quarterly economic results of CMA CGM

In the period July-september recorded revenues and containerized volumes transported record

In the third trimester of this year the fleet of portacontainer of the French CMA CGM has transported volumes of loaded record and the navigation company has recorded also a new historical peak relatively to the value of the quarterly volume of transactions, figures both that turn out advanced to the precedence records established in according to trimester of 2018.

In the period July-september of this year the containerized trade enlivened from the fleet has been pairs to 5,3 million teu, with a progression of +5.5% regarding almost 5,0 million teu in the third trimester of the 2017 that is hauled - it has specified the company - by the rise of the activity on the transpacifiche routes and those with India/Oceania and Africa.

This the correlated activity and activities have generated revenues for a total of 6,06 billion dollars, with an increase of +6.3% regarding 5,70 billion dollars in the third trimester last year. The EBITDA has totaled 387,6 million dollars (- 45.2%). Cores EBIT and profit clearly have been pairs respective to 241,0 million and 103,1 million dollars, with decreases of the -57,6% and the -68,1% regarding the correspondents book values in the determined period July-september of the 2017 from an emphasized increase of the costs that totally have turned out pairs to 5,67 billion dollars (+13.6%). CMA CGM has explained that the unitary costs for the transport of the container are increased of +7.7%, with an increment of +77 dollars for transported container teu mainly which had to the increase of the cost of the bunker pairs to +55 dollars/teu that partially Surcharge Bunker is compensated by the introduction of soprannolo the Emergency.

In the first nine months of the 2018 fleet of the French company it has transported cargo volumes pairs to 15,4 million teu, with a progression of +10% about on the same period last year. In the period January-september of this year the revenues have been attested to 17,18 billion dollars (+9.9%). The costs have turned out pairs to 16,36 billion dollars (+17.4%) and the EBITDA to 815,6 million dollars (- 52.0%). Cores EBIT and profit clearly have turned out pairs respective to 396 million dollars (- 69%) and 49 million dollars (- 92%).

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