Independent journal on economy and transport policy
12:43 GMT+1
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SUCH International clearly has archived item 2013 with a profit of 143,2 million dollars (+10%)
Slow down of the trend of increase of the results in the second half of the year
February 13, 2014
The society of intermodal chartering of container SUCH International clearly has archived item 2013 with a profit of 143,2 million dollars on revenues for 642,9 million dollars, with increments respective of +10.0% and +9.1% on the year precedence. The operating profit is piled to 327,6 million dollars (+3.0%) and adjusted EBITDA and EBITDA have attested respective to 572,2 million dollars (+4.7%) and 541,7 million dollars (+6.4%). At the end last year the consistency of the fleet of the American company era pairs to beyond 2,1 million container teu, with an increase of +7.9% regarding on December 31, 2012, of which almost 2,1 million teu of property (+8.4%) and other 35 thousand teu managed from society (- 15.7%).
So as the other main societies of the market, SUCH has recorded a slow down of the trend of increase of the results in the second half of 2013. In the solo fourth trimester last year SUCH has totaled a profit clearly of 33,1 million dollars, with a decrease of the -9,9% regarding the correspondent period of 2012. The revenues are increased of +3.0% to 156,4 million dollars and the operating profit has been of 78,9 million dollars (- 5.3%). Adjusted EBITDA and EBITDA has been pairs respective to 142,9 million dollars (+0.8%) and 133,3 million dollars (- 1.1%).
Evidencing as 2013 have been another exceptional year for SUCH, the president and managing director of the American company, Brian M. Sondey, it has explained that in the 2013 conditions of the market they have turned out differentiated and that the levels of employment of the fleet of the society have been however excellent in spite of a gradual normalization of the conditions of the market. "The remarkable deficiency of container in 2010 and at the beginning of 2011 - it has found Sondey - has been attenuated. However in the 2013 total relationship between supply and demand of container it is continued to being reduced and our rate I use of the fleet has remained on peaks never reached before".
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The society of intermodal chartering of container SUCH International clearly has archived item 2013 with a profit of 143,2 million dollars on revenues for 642,9 million dollars, with increments respective of +10.0% and +9.1% on the year precedence. The operating profit is piled to 327,6 million dollars (+3.0%) and adjusted EBITDA and EBITDA have attested respective to 572,2 million dollars (+4.7%) and 541,7 million dollars (+6.4%). At the end last year the consistency of the fleet of the American company era pairs to beyond 2,1 million container teu, with an increase of +7.9% regarding on December 31, 2012, of which almost 2,1 million teu of property (+8.4%) and other 35 thousand teu managed from society (- 15.7%).
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
