Independent journal on economy and transport policy
04:47 GMT+2
This page has been automatically translated by Original news
Zim has concluded 2014 with a net loss not-GAAP of -127 million dollars
the ships of the company have transported 2,36 million container (- 6%)
March 31, 2015
The shipowning society Zim has been profitable today notices the economic results achieved from the company in 2014 introducing them in form not GAAP. The exercise anniversary shows revenues for 3,4 billion dollars regarding 3,7 billion in 2013, a not-GAAP EBITDA positive for 116 million dollars respect to Gross Operating Margin of sign negative for -2 million dollars in the exercise precedence and an operating result of sign negative for -12 million dollars respect to operating liabilities of -161 million dollars in 2013. Zim has archived item the 2014 with a net loss not-GAAP of -127 million dollars respect to a net loss not-GAAP of -343 million dollars in 2013.
Zim has specified that the decided improvement of the not-GAAP performances recorded in 2014 is partially attributable to the completion of the restructure of the debit of the happened company last July ( on 17 July 2014).
In the solo fourth trimester of the 2014 company has recorded revenues for 813 million dollars regarding 888 million dollars in the period October-December of the year precedence, a not-GAAP EBITDA of 30 million dollars (40 million in fourth trimester 2013), a EBIT of five million dollars (14 million) and a net loss of -4 million dollars respect to a net loss of -20 million dollars in the last trimester of the year precedence.
Last year the fleet of the Israeli company has transported containerized cargo volumes pairs to 2,36 million teu, with a bending of the -6% regarding 2013. In the 2014 medium hire for container teu it has turned out pairs to 1.243 dollars regarding 1.219 in 2013. In the solo fourth trimester of the 2014 they are transported 577 thousand teu regarding 646 thousand in the correspondent period of the year precedence and the medium hire for teu has been pairs to 1.271 dollars regarding 1.181 dollars in the quarter October-December of 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