In the second half of the 2015 the bending of the economic performances of CAI International has been emphasized



After very 27 archived item consecutive trimesters with an economic result clearly of positive sign, in the period October-December of the 2015 American society of intermodal chartering of container it is incurred in a net loss. It goes back in fact to the fourth trimester of the 2008 precedence recorded quarterly net loss from the company, that it was produced by a consisting reduction of activity value ( on 11 March 2009).

CAI has closed the fourth trimester of the 2015 with a net loss of -12,5 million dollars respect to a profit clearly of 16,2 million dollars in the correspondent period of the year precedence. The revenues are increased of +11.7% attesting to 65,7 million dollars and the operating result, also it for the first time after the fourth trimester of 2008, has been of sign negative and pairs to -2,6 million dollars respect to an operating profit of 27,2 million dollars in the period October-December of 2014.

In the entire exercise anniversary the 2015 society has totaled revenues pairs to 249,7 million dollars, in increase of +9.7% on the year precedence. The operating profit is piled to 67,4 million dollars (- 34.9%) and the profit clearly to 26,8 million dollars (- 55.5%).

The managing director of CAI, Victor Garcia, has confirmed the difficulties found from the company in last part of 2015: "in the course of the fourth trimester - it has explained - we have operated in difficult conditions of market. The total question of containers has been weak person and we have not had the traditional season of peak between August and October. The question has turned out limited for all the trimester, in particular in Asia, neither the increase of the question has happened that precedes the period of vacation of the new lunar year and that it has taken place during the last few years".

Garci'a has specified moreover that "during the fourth trimester a continuous decrease of the prices of the steel has happened, that has provoked not only a decrease of the new prices of the container, but has had also an impact on the costs of positioning of the containers, in particular in Asia. Moreover - it has added - the strong dollar has reduced the revenues in dollars that introitiamo when we sell container in many markets to out of the United States".

If the 2015 have been concluded in not satisfactory way for CAI International, Garci'a considers that in the next few months she could be recorded an improvement: "looking to 2016 - it has explained - we draw encouragement from the limited orders of equipment, the recent stability of the prices of the steel and from the activity of positioning of containers lead from the companies of navigation and the charters of container. Consequently - it has observed the CEO of CAI - supply and demand of containers remains in relative balance and, approaching the customary normal seasonal resumption in the course of the second half of according to trimester of 2016, an attended improvement of the question would have to lead to an improvement of uses it of the fleet".

Garci'a has made also reference to the recent fusions announced in the field of the chartering of the container, between which she recently detaches that planned from SUCH International and Triton ( on 10 November 2015): "we - Garci'a has commented - consider that the activity of consolidation and the most important market share who will turn out from the announced fusions of container charters they will be of great benefit for CAI in future and that our company will emerge more hard from the current market in a position. We believe that the container question will improve in the time and that the efforts that we are making in our fields railway and logistic will continue to expand the total intrinsic value of our company".