Independent journal on economy and transport policy
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On the wake of the increase of the results in 2017, Textainer previews an ulterior improvement in 2018
The American company has closed last year with a profit clearly of 19,4 million dollars
February 15, 2018
The American Textainer, primary society of chartering of container that has a fleet of the consistency pairs almost 3,3 million containers from 20 feet, has archived item 2017 with revenues that are piled to 490,8 million dollars, with a bending of the -1,1% on the year precedence, of which 444,9 million dollars generated from the activity of chartering of container (- 3.4%). The operating profit has grown of +448.9% to 143,9 million dollars and the profit clearly has attested to 19,4 million dollars respect to a net loss of -52,8 million dollars in 2016.
In the solo fourth trimester of the 2017 revenues they are increased of +7.6% going up to 129,3 million dollars regarding 120,2 million dollars in the quarter October-December of the year precedence. The volume of transactions only produced from the chartering activity has been pairs to 116,3 million dollars (+9.0%). The operating profit has been of 45,3 million dollars (+363.2%) and the profit clearly of 17,2 million dollars respect to a net loss of -497 thousand dollars in the last trimester of 2016.
Textainer previews that the results of the company will continue to grow in 2018: "the three main determining factors of our success in 2018 - it has explained the president and managing director of the American society, Philip Brewer - will be the increase of the containerized trade, the stability of the prices of the container and the maintenance of the current levels of yield of the investments".
Brewer has specified that this year previews that the traffic of the container will grow still more to a accelerated rhythm regarding the attended rise of +4% about of the world-wide Gross Domestic Product one and that the prices of the stable containers will remain data the recent increase of the prices of the steel and the increasing asks. Moreover Brewer has specified that she is previewed that, seen the level of the new prices of the container, the selling prices of the container used will remain elevated and that, given the quantitative limited one of container you mail on sale, a level will be recorded of uses of the fleet of container of the next company to 100% (in 2017 has been of 96.4% and in 2016 of 94.7%).
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