Independent journal on economy and transport policy
18:23 GMT+1
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In the first trimester of 2012 shipowning group and aerial CMB it has recorded a profit clearly of 71,6 million dollars
the revenues are diminished of 2.5% to 150,7 million dollars
April 26, 2012
In the first trimester of this year the shipowning and aerial group Maritime Companies Belge (CMB) has totaled a profit clearly of 71,6 million dollars regarding 4,8 million dollars in the correspondent period of 2011. Turned out Al of the first three months of 2012 has contributed with 31,8 million dollars the Bocimar branch (22,9 million in first trimester 2011), with 2,8 million dollars the branch ASL Aviation (3,2 million) and with 37,6 million dollars other asset of the group (than in first trimester 2011 they had recorded a loss of 21,3 million). The revenues are piled to 150,7 million dollars (- 2.5%), the EBITDA to 45,2 million dollars (- 12.2%) and the EBIT to 17,7 million dollars (- 39.0%).
The final results of exercise 2011 of group CMB, introduced in euro, clearly show a profit of 97,7 million euros regarding 120,9 million euros in 2010. Turned out Al last year has contributed with 76,7 million euros (94,8 million in 2010) the Bocimar branch, navigation company that work in the branch dry bulk, and with 15,6 million euros (7,4 million) ASL Aviation, joint venture between CMB (51%) and the bottom of private equities 3P Air Freighters (49%) that it is active in the aerial field. The result of Bocimar includes a Capital gain of 9,6 million euros realized with the cession of actions of the Australian group Fortescue Metals Group (FMG). In 2010 a Capital gain of 25,8 million euros with the sale of ships and share quotas was produced.
Last year the revenues of group CMB have remained stable to 484,7 million euros (485,3 million in 2010). The EBITDA is piled to 163,1 million euros (165,8 million in 2010) and operating result (EBIT) to 92,2 million euros (109,9 million).
We remember that at the beginning of this year CMB the Capital has sold own participation in Clarksons English for 58,5 million dollars (gain that will be recorded in the first quarterly one of 2012 will be of 41,5 million dollars) ( on 27 February 2012).
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