Independent journal on economy and transport policy
07:34 GMT+2
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In the third CEVA trimester it has reduced the net loss
The revenues are diminished of -1,2%
November 22, 2016
The logistic group CEVA has concluded the third trimester of this year with a net loss of -41 million dollars on revenues pairs to 1,68 billion dollars respect to a net loss of -58 million dollars on revenues pairs to 1,70 billion dollars in the correspondent period of 2015. EBITDA rectified and EBITDA have been pairs respective to 75 million dollars (- 6.3%) and 48 million dollars (- 28.4%). The EBIT has been attested to 14 million dollars (- 46.2%).
"The good performance of CEVA - the managing director of the group has commented, Xavier Urbain - continues also in the third trimester. The business of the Contract Logistics has found a good increase of the turnover, with an increase of the market shares. Also the continuous Freight Management to performare beyond the expectations, with an increase of the Air volumes of 10.6% and Ocean of 4.4%: both represent ongoing improvements. In the third trimester we have won a series of new customers and our pipeline is solid. All this demonstrates that our strategy is working and carrying the waited for results".
In the first nine months of the 2016 group January-september has recorded a net loss of -73 million dollars respect to a net loss of -170 million dollars in the period last year. The revenues are diminished of the -6,2% to 4,91 billion dollars. EBITDA rectified and EBITDA have turned out pairs to 193 million dollars (- 6.3%) and 126 million dollars (- 21.3%). The operating result is piled to 13 million dollars (- 56.7%).
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The logistic group CEVA has concluded the third trimester of this year with a net loss of -41 million dollars on revenues pairs to 1,68 billion dollars respect to a net loss of -58 million dollars on revenues pairs to 1,70 billion dollars in the correspondent period of 2015. EBITDA rectified and EBITDA have been pairs respective to 75 million dollars (- 6.3%) and 48 million dollars (- 28.4%). The EBIT has been attested to 14 million dollars (- 46.2%).
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
