Independent journal on economy and transport policy
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CMA CGM archivia the third trimester with a net loss of -268,3 million dollars
the revenues, thanks to the acquisition of the NOL, have grown of +12.3% to 4,5 billion dollars
November 18, 2016
The French shipowning group CMA CGM has archived item the third trimester of this year with revenues pairs to 4,47 billion dollars regarding 3,98 billion dollars in the correspondent period of 2015. The increment of +12.3% of the volume of transactions is determined by the acquisition of the Neptune Orient Lines (NOL) of Singapore, that it has entered in the perimeter of consolidation of the transalpine group 14th june ( of the 6, 10 and 28 june 2016). Excluding the revenues generated from the activity of the NOL, than work services of containerized marine transport with brand APL, in the period July-september of the 2016 revenues of the French group they would have been pairs to 3,33 billion dollars, down of the -16,3% on the same period last year.
In the third trimester of this year Core EBIT and economic result clearly attributable to the associates of controlling they have been both of sign negative and pairs to -86,2 million and -268,3 million dollars regarding results of positive sign for 157,9 million and 50,8 million dollars in the third trimester of 2015.
In the third trimester of the 2016 fleet of portacontainer of the group it has transported cargo volumes pairs to 4,5 million teu, with an increase of generated +35.8% from the effect of the acquisition of the activities of the NOL. With the exception of these last volumes, the traffic would have turned out pairs to 3,2 million teu (- 2.7%).
In the first nine months of this year the revenues are piled to 11,40 billion dollars, down of the -5,8% regarding 12,10 billion dollars in the period January-september of 2015. Cores EBIT and economic result clearly have been both of sign negative and pairs to -163,7 million and -496,8 million dollars regarding results of positive sign for 888,9 million and 613,1 million dollars in the first nine months last year.
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