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04 August 2020 The on-line newspaper devoted to the world of transports 21:23 GMT+2

April 30, 2019

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Original news
CEVA has closed first trimester 2019 with a net loss of -38 million dollars

Rodolphe Saadé is named president of the company

The logistic group CEVA, that recently it has become for almost the totality of property of the French shipowning group CMA CGM(of 8 April 2019), it has archived item the first three months of this year with a turnover of 1,70 billion dollars, with a decrease of the -5,1% on the correspondent period of 2018. The operating profit is piled to six million dollars (- 40.0%) and the economic result clearly has been of sign negative and pairs to -38 million dollars respect to a net loss of -67 million dollars in the first trimester last year.

While the assembly of the shareholders of CEVA has elected new president of the company Rodolphe Saadé, that he is president and managing director of CMA CGM, and Rolf Watter which vice-president, while Nicolas Sartini, current operating director and vice CEO, the next 1° june Xavier Urbain will become managing director of CEVA succeeding to who will become adviser of Rodolphe Saadé.

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