Independent journal on economy and transport policy
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CMA CGM has archived item first trimester 2012 with a net loss of 248 million dollars
The revenues have grown of +2.6% and the transported volumes of +13.4%
June 6, 2012
The French shipowning group CMA CGM has closed the first trimester of 2012 with a net loss of 248 million dollars. The revenues are piled to 3,6 billion dollars, with an increment of 2.6% on the first three months last year. The operating result (EBITDA) has been negative for 31 million dollars. CMA CGM has announced to have continued in the course of the first trimester of this year the performance of own plan of cost reduction, than in the period it has allowed savings for 96,5 million dollars.
Although the consisting accumulated loss in the first three months of the year, the French group - in consideration of the fast improvement of the performances recorded from the beginning of according to trimester - previews to record the entire exercise clearly anniversary 2012 with a result of positive sign.
In the first three months of the 2012 fleet of portacontainer of the company it has transported cargo volumes pairs to 2,6 million container teu, with an increment of 13.4% regarding the period January-March of 2011.
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