in increase of +23.4% for the American Textainer



In the first three months of the 2014 American society of chartering and intermodal sale of container Textainer has recorded revenues for 135,4 million dollars, with an increment of +5.2% on the same period last year. The American society has closed the first trimester of 2014 with a profit clearly of 59,6 million dollars (+23.4%). The operating profit is piled to 64,3 million dollars (- 15.4%) and adjusted the EBITDA to 103,4 million dollars (- 4.7%).

"the revenues generated from the charterings - it has specified the president and managing director of the company, Philip Brewer - are increased of +7% regarding last year to 121 million dollars thanks to the increase of the quota the fleet of our property". "In the first trimester - Brewer has explained - to January we have recorded a good start with a resumption of the question and an improvement of the terms of chartering. The question has been dimmed to February after the Chinese New Year's Day, but newly it is gone back to March". "The chartering rates - it has specified - continue to being under pressure. The new prices of the container are dropped give approximately 2.300 dollars to January current to the 2,100 dollars approximately and the used prices of the container continue to diminish, with a bending approximately of the -25% regarding the trimester last year".

With respect to the future perspectives, Brewer has said that "to April the container question has exceeded that total of February and March. However - it has added - we consider that a part of the April question is correlated to desire of the carriers to send their goods before the increase of the new hires that will have May effect at the beginning". "We - he has continued Brewer - still consider that we will continue to assist to a seasonal increase of the question until the end of according to trimester and in the third trimester. We do not expect that the new prices of the container increase and consider that the used prices of the container will continue to drop or to stabilize. Even if we consider that in the 2014 companies of navigation they will be entrusted to the charters for beyond the half of their necessity of container, the rates of chartering of the containers will under pressure remain because of the easy access to the financings for all the charters of container, any is their dimension, and of the fast times of delivery of the great part of the container factories. Assuming that the resumption of the question to which currently we are assisting continues in the third trimester of traditional seasonal peak, we preview that our results will show an improvement trimester on trimester".