Independent journal on economy and transport policy
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the semiannual budgets of the Belgians CMB, Euronav and Exmar
Deterioration of the performances of the first two companies; in increase the results of third
August 30, 2013
The shipowning societies Belgian Maritime Companies Belge (CMB) and Euronav have closed the first semester of this year with a deterioration of the economic results, while the Exmar compatriot has recorded an improvement of the performances financial institutions.
CMB, than work in the field of the marine bulk transport sand banks with the society integrally controlled Bocimar and in the field of the aerial transport through the participation in the company ASL Aviation, has totaled a profit clearly of 22,8 million dollars on revenues for 305,0 million dollars, with decreases respective of 75.2% and 6.0% on the first half of 2012. EBITDA and EBIT are dropped of 14.2% and 82.2% to 76,1 million and 5,5 million dollars.
Euronav, assets in the field of the marine liquid bulk transport, last year has archived item the first semester of the 2013 with a net loss of -39,3 million dollars on revenues for 202,6 million dollars respect to a net loss of -20,0 million dollars on revenues for 231,9 million dollars in the first half. The EBITDA has recorded a bending of 25.5% to 73,1 million dollars and the EBIT has been of sign negative for -10,0 million dollars respect to a result of positive sign for 9,0 million dollars in the first six months of 2012.
Exmar, specialized in the marine which liquified gas transport, has closed the first half of this year with a profit clearly of 90,2 million dollars regarding 33,6 million dollars in the same period of 2012. The revenues are diminished of 0.7% to 227,1 million dollars. EBITDA and EBIT are increased respective of 11.3% and 40.6% to 101,6 million and 73,8 million dollars.
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