Independent journal on economy and transport policy
13:12 GMT+1
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Decided bending of the economic performances of CMA CGM
In the first nine months of the 2011 fleet of the French group it has transported 7,4 million container (+9.4%)
December 1, 2011
In the third trimester of this year the fleet of the French shipowning group CMA CGM has transported containerized volumes pairs to 2.604.000 teu, with a progression of 10.0% regarding the correspondent period of 2010. In the first nine months of 2011 cargos they have been pairs altogether to 7.420.000 teu, in increase of 9.4% on the same period last year.
CMA CGM has closed the third trimester of the 2011 with revenues for 3.856 million dollars, advanced of 2.8% regarding the period July-september last year. In the first nine months of the 2011 revenues they are piled to 11.086 million dollars (+5.2% on the same period of 2010), while the EBITDA and the profit clearly have turned out considerably inferior regarding those last year attesting to 672 million dollars and 13,2 million dollars regarding 1,9 billion and 1,4 billion dollars in the period January-september of 2010.
The French group has confirmed that the situation of the continuous market to being difficult, but the company previews a resumption of the question in 2012. "The current situation sovracapacità of the market, with a slow down of the question - the financial director of CMA CGM, Michel Sirat has explained - is having an impact on our performances financial institutions. Ours consisting and hooligan-modern fleet - it has added - is allowing to exceed with success this situation and has assumed immediate, strong and effective measures in order to prepare us for the wait resumption of the market in 2012".
We remember that today the French group has announced to have tight an important partnership with shipowning group MSC ( on 1° December 2011).
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In the third trimester of this year the fleet of the French shipowning group CMA CGM has transported containerized volumes pairs to 2.604.000 teu, with a progression of 10.0% regarding the correspondent period of 2010. In the first nine months of 2011 cargos they have been pairs altogether to 7.420.000 teu, in increase of 9.4% on the same period last year.
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
