Independent journal on economy and transport policy
14:50 GMT+1
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In the third trimester of this year the profit clearly of SUCH International has grown of 72.3%
The revenues are increased of 8.2%
October 26, 2012
In the third trimester of this year the American society of chartering and sale of container SUCH International has recorded a profit clearly of 31,1 million dollars, in increase of 72.3% regarding the third trimester of 2011. to 149,0 million dollars. The operating profit is piled to 80,0 million dollars (- 0.9%) and adjusted the EBITDA to 141,0 million dollars (+7.1%).
"In the third trimester of 2012 - it has commented the president and managing director of the American company, Brian M. Sondey - SUCH it has continued to obtain excellent operating performances and financial institutions. Our fundamental operating parameters continue to being very solid. Our medium rate I use of the fleet has been of 97.7% in the quarter and 97.5% on October 24, 2012. The selling prices of the container used have remained on levels historically elevated in the course of the trimester and our burdens continue to being limited thanks to our high rate use and the economies of scale that we have realized over the last few years, since we have quickly widened our fleet of container".
"If our performances remain remarkable - however it has specified Sondey - our profit before taxes adjusted are diminished of 5% in this trimester regarding the third trimester of the 2011 although increase of 12% in our turnover generated from the charterings. I use and the used selling prices of the container continue to being high regarding the medium levels of along term, but they are both diminished regarding the reached exceptional levels last year. I use mean is come down of about 1% regarding the third trimester last year and the used prices of the container are come down about of 20% regarding the level record reached in the summer of 2011. This decrease of our rate I use and of the capital gains from alienations five million dollars regarding the third trimester of 2011 have diminished our profit before taxes adjusted of about. Moreover the modification given demographic of the fleet has had an impact negative on our profits in this trimester".
In the first nine months of 2012 SUCH it has totaled a profit clearly of 93,4 million dollars on revenues for 437,4 million dollars, with increments respective of 26.4% and 14.3% on the correspondent period last year. The operating profit is piled to 234,7 million dollars (+4.9%).
The fleet of SUCH is formed gives about 1.185.000 container for a total volume pairs to about 1.933.000 container teu.
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In the third trimester of this year the American society of chartering and sale of container SUCH International has recorded a profit clearly of 31,1 million dollars, in increase of 72.3% regarding the third trimester of 2011. to 149,0 million dollars. The operating profit is piled to 80,0 million dollars (- 0.9%) and adjusted the EBITDA to 141,0 million dollars (+7.1%).
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
