Independent journal on economy and transport policy
10:16 GMT+1
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In the first trimester the profit clearly of Textainer has grown of 53%
The revenues are increased of 31%
May 6, 2011
The period is positive for the societies of chartering of the container. On the wave of the improvement of the market also the American Textainer in the first three months of this year has recorded clearly an improvement of the economic results. The trimester has been archived item with revenues for 91,2 million dollars, with an increase of 31.0% on the first three months of 2010. The EBITDA is piled to 69,8 million dollars (+52.8%) and the profit clearly to 37,2 million dollars (+53.4%).
"During the first trimester of 2011 - it has said the president and managing director of the company, John A. Maccarone - we have remarkablly widened our fleet with the new acquisition of container for 98,400 teu that they have contributed to increase of 31% the revenue total and 39% the profit clearly attributable to the shareholders of Textainer, with exclusion of (capital gains) unrealized losses on investments on interest the installments swaps, regarding the correspondent trimester of the year precedence. Our results - it has added - have benefitted also of a world-wide deficiency of container that has determined a rate uses more elevated in the quarter".
Currently the fleet of Textainer is constituted gives beyond 1,5 million container for a volume pairs to about 2,4 million container from 20 ' feet (teu).
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The period is positive for the societies of chartering of the container. On the wave of the improvement of the market also the American Textainer in the first three months of this year has recorded clearly an improvement of the economic results. The trimester has been archived item with revenues for 91,2 million dollars, with an increase of 31.0% on the first three months of 2010. The EBITDA is piled to 69,8 million dollars (+52.8%) and the profit clearly to 37,2 million dollars (+53.4%).
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
