Independent journal on economy and transport policy
06:55 GMT+1
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Bending of the economic results of the chartering society container SUCH International
the American company has closed the second trimester with a profit clearly of 29,4 million dollars (- 22.5%)
July 24, 2014
So as in the first trimester of this year, also in according to trimester the bending of the economic results recorded from the American is continued SUCH International, society of intermodal chartering of container that clearly has archived item the period April-june of 2014 with a profit of 29,4 million dollars, down of the -22,5% regarding 37,9 million dollars in the correspondent period of 2013. The revenues from the chartering activity are piled to 144,7 million dollars (+3.2%). The operating profit has been attested to 75,8 million dollars (- 10.1%) and adjusted the EBITDA to 142,1 million dollars (- 1.7%).
In the first half of the 2014 SUCH International it has totaled revenues from charterings pairs to 289,5 million dollars, with an increment of +4.1% on the first semester last year. The operating profit is dropped of the -10,1% to 150,9 million dollars. Adjusted the EBITDA has been pairs to 283,1 million dollars (- the 1.2%) and profit clearly to 59,4 million dollars (- 21.3%).
The president and managing director of the American company, Brian M. Sondey, have declared themselves satisfied of the results achieved from SUCH. Sondey has specified that if the profit before taxes rectified is increased by first according to the trimester of 2014, when it has reached a value of 48,9 million dollars, has turned out decreasing of the -12,7% regarding according to trimester last year "mainly - has clarified - because of a strong decrease of ours gain from the sales. Our average prices of container sale used - it has explained - are diminished almost 20% regarding according to trimester last year having reflected the prosecuzione of the control of the selling price of container used regarding the peaks ends reached in 2011. Moreover - it has added Sondey - our sales continue to being limited for the low number of containers originals SUCH that reach the age of sale because of our low level of acquisitions between the end of 90 years ‘and the beginning of years 2000".
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So as in the first trimester of this year, also in according to trimester the bending of the economic results recorded from the American is continued SUCH International, society of intermodal chartering of container that clearly has archived item the period April-june of 2014 with a profit of 29,4 million dollars, down of the -22,5% regarding 37,9 million dollars in the correspondent period of 2013. The revenues from the chartering activity are piled to 144,7 million dollars (+3.2%). The operating profit has been attested to 75,8 million dollars (- 10.1%) and adjusted the EBITDA to 142,1 million dollars (- 1.7%).
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
