Independent journal on economy and transport policy
06:24 GMT+1
This page has been automatically translated by Original news
Contraction of the financial results of the charter of Textainer container
In according to trimester the revenues of the company they have recorded an increment of +7.3%
August 7, 2014
In according to trimester of this year society of chartering and intermodal sale of container Textainer it has recorded a bending of the economic results determined from the continuous increase of the costs produced only partially from the new purchase of container. The American company has closed the period with a profit clearly of 33,0 million dollars, down of the -32,4% regarding according to trimester of 2013. The revenues are increased of +7.3% to 139,5 million dollars, while the costs have grown of +27.6% to 74,1 million dollars. The EBITDA is piled to 105,7 million dollars (- 0.5%) and the operating profit to 65,5 million dollars (- 9.1%).
Commenting the results of the period April-june of this year, period that - it has emphasized - has been archived item with satisfactory results for the company, the president and managing director of Textainer, Philip K. Brewer, has explained that the continuous field to record a pressure on the chartering rates because of the elevated level of liquidity that characterizes the charters of container and the low level of the new prices of the container and the interest rates. "We assist also - it has added - to a reduction of the gain on the sales of the containers because of the decrease of the used prices of the container. We expect that this situation continues in the near future. Our profit - it has specified Brewer - negatively is influenced by these factors".
The consistency of the fleet of container of Textainer on 30 June was pairs to 3,06 million teu, with an increment of 7.0% regarding on June 30, 2013.
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
phone: +39.010.2462122, fax: +39.010.2516768, e-mail
VAT number: 03532950106
Press Reg.: nr 33/96 Genoa Court
Editor in chief: Bruno Bellio No part may be reproduced without the express permission of the publisher