Independent journal on economy and transport policy
06:07 GMT+1
This page has been automatically translated by Original news
Eurogate is satisfied of the economic results of 2015, but confirmation that the market does not promise well
Schiffer: "we are confronted with a characterized mature market from a extremely intense competition"
April 5, 2016
If last year the harbour terminals of Eurogate have enlivened a volume of traffic of the inferior container of the -2,0% regarding 2014, being it are pairs to beyond 14,5 million teu ( on 25 January 2016), the German group has archived item the 2015 with an improvement of the economic results regarding the exercise precedence. Budget 2015 shows in fact revenues for 591,3 million euros, with an increment of +4.5% on 2014, an EBITDA and a EBIT pairs respective to 148,1 million euros (+10.7%) and 91,1 million euros (+19.0%), and a profit clearly of 73,5 million euros (+13.4%).
Emphasizing today that the achieved economic results in the 2015 will allow with the group to prepare themselves in the next few years for the future challenges, president of Eurogate, Emanuel Schiffer, it has evidenced that "however, in spite of these positive results, it is not possible to hide the fact that the conditions of the market in our field are becoming more difficult. The total economy - it has found Schiffer - has lost own impulse. Consequently the volume of goods exchanged internationally is diminished and this has determined among other things a general slow down in the harbour traffic of the container to total level. Currently - he has emphasized - we are confronted with a characterized mature market from a extremely intense competition. The line companies are rispendendo to this with portacontainer still larger that have an ability to advanced transport to 18.000 teu. For us, as terminal operator, the challenges consist in tackling to the consequent periods of peak that derive some. We must be able to offer to our customers high levels of productivity to the aim to assure that the employment of portacontainer Ultra the Large supplies the results that the customers are searching".
- 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