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20 September 2019 The on-line newspaper devoted to the world of transports 07:19 GMT+2

May 29, 2019

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Original news
Improvement of the quarterly results of the French shipowning group CMA CGM

In the first three months of this year the fleet has transported 5,16 million container (+4.4%)

In the first trimester of this year the revenues of the French shipowning group CMA CGM are piled to 7,41 billion dollars, with an increment of +36.9% on the same period that is almost entirely attributable to the volume of transactions produced from the CEVA Logistics, of which the shipowning group currently it stops 99.4% of the capital, quota that CMA CGM has in recent months acquired in great part. The EBITDA to clearly of the effect of the cession of property, equipments and branches has turned out pairs to 779 million dollars regarding 217 million dollars in the first three months of 2018. The result clearly attributable to the shareholders has been of sign negative and pairs to -43 million dollars respect to liabilities of -77 million in the third trimester last year.

In the first three months of the 2019 fleet of portacontainer of the group, constituted from 511 ships (+3.4% on first trimester 2018) for a cargo ability pairs to 2,69 million teu (+6.6%), it has transported containerized volumes pairs to 5,16 million teu (+4.4%). CMA CGM has specified that at the beginning of the 2019 increase of the volumes transported from the fleet it has turned out particularly dynamic on the intra-regional routes and that the revenues for transported container are increased light regarding the first trimester of 2018 in particular relatively to the services for the USA and Africa.

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