Independent journal on economy and transport policy
06:33 GMT+1
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In the first three months of this year the terminals of group ICTSI have enlivened 1,76 million container (+17.4%)
Great part of the increase is produced by the start of new activities in Mexico (Manzanillo) and Honduras (Puerto Cortés)
May 15, 2014
In the first three months of this year the harbour terminals of the Philippine group International Container Terminal Services, Inc. (ICTSI) have enlivened a traffic of the container pairs to 1,76 million teu, with a progression of +17.4% regarding 1,50 million teu in the correspondent period of 2013. The Asian terminals of the group have enlivened 900 thousand teu (- 0.3%), the terminals in Americas 645 thousand teu (+57.6%) and the terminals in Europe, Middle East and Africa 212 thousand teu (+14.8%). Great part of the total increment of the enlivened containerized volumes is generated by the entrance in activity of new terminals in Mexico and Honduras, respective from the November and December 2013; with the exclusion of the volumes produced from the two terminals the organic increase has been pairs to +1%.
In the first trimester of the 2014 revenues of ICTSI generated from the harbour activities they are piled to 248,9 million dollars (+18.9%). The total costs recorded from the group have been attested to 199,9 million dollars (+30.3%). EBITDA and EBIT have been pairs respective to 103,6 million dollars (+6.2%) and 73,3 million dollars (- 2.5%). The Philippine group has closed the first three months of this year with a profit clearly of 54,7 million dollars (+26.5%). To the increase of the result clearly they have contributed mainly extraordinary proceeds for 13,2 million dollars generated from the cession of a branch not operating happened last January. With the exclusion of the effect of such sale the profit before taxes consolidated would have recorded a bending of the -12,2% to root cause of the costs of start-up of mexican terminal CMSA (Contecon Manzanillo KNOWS) in the port of Manzanillo and Honduran terminal OPC (Operadora Portuaria Centroamericana KNOWS) in the port of Puerto Cortés.
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In the first three months of this year the harbour terminals of the Philippine group International Container Terminal Services, Inc. (ICTSI) have enlivened a traffic of the container pairs to 1,76 million teu, with a progression of +17.4% regarding 1,50 million teu in the correspondent period of 2013. The Asian terminals of the group have enlivened 900 thousand teu (- 0.3%), the terminals in Americas 645 thousand teu (+57.6%) and the terminals in Europe, Middle East and Africa 212 thousand teu (+14.8%). Great part of the total increment of the enlivened containerized volumes is generated by the entrance in activity of new terminals in Mexico and Honduras, respective from the November and December 2013; with the exclusion of the volumes produced from the two terminals the organic increase has been pairs to +1%.
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
