Independent journal on economy and transport policy
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Eurogate closes 2012 with stable revenues and bending of the economic results
On the performances they weigh the costs of start-up of the new container terminal of Wilhelmshaven and the smaller yields generated from the investments
April 11, 2013
In the 2012 terminalista group German Eurogate it has maintained the revenues almost stable, that they are piled to 654,1 million euros regarding 656,8 million euros in the exercise anniversary precedence. The EBITDA instead has recorded a decrease of 10.9% and is come down to 154,3 million euros. The profit before taxes and the profit clearly is dropped respective of 26.6% and 29.9% to 60,8 million and 54,6 million euros. Eurogate has evidenced that the reduction of the results was attended in consideration of the costs of start-up of the new container Eurogate terminal Container Wilhelmshaven Terminal, that has become operating 21st September ( on 21 September 2012), and of the smaller yields generated from the investments.
Last year the terminals of the German group have enlivened a containerized trade pairs to 13,3 million teu, with a bending of 0.1% on 2011 ( on 14 February 2013).
"Eurogate - the president of the group has commented, Thomas Eckelmann - has faced the challenges placed from the difficult context of the market and has altogether maintained to the volumes of traffic regarding the year precedence stable. Thanks to its international presence in different resort, the group is very placed for the future. Given the uncertainties of the world-wide economy, in particular because of the crisis of the European sovereign debit - it has found Eckelmann - is necessary caution about the perspectives for 2013. We will cover with safety our road, but "guiding with precaution" in order to allow us to answer in flexible and fast way with the changes. The slowness in the progresses in order to realize the main infrastructural projects continuous to represent a risk for the future development of the activity. The issues still opened of the dredgings of the navigation channels of Elba and the Weser, the improvements of the channel of Kiel and the construction of the coastal freeway A20, that they are on top of the list of the projects, demand immediate attention".
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