Independent journal on economy and transport policy
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Still performance negative financial institutions for the group CEVA Logistics
In the 2018 increment of +7% of marine shipments and decrease of the -7% of those for aerial way
February 27, 2019
Still a trimester, the eleventh consecutive, archived item one in the red from the Helvetic logistic group CEVA Logistics. In the period October-December of 2018, in fact, the company has recorded a net loss of about -44 million dollars respect to a net loss of -73 million dollars in the last trimester of the year precedence. The revenues have turned out almost stable being piled to 1,9 billion dollars (+1%). The EBITDA has been pairs to 24 million dollars (- 44%) and the operating result has been of sign negative for -4 million dollars respect to an operating result negative for -3 million dollars in the fourth trimester of 2017.
In the entire exercise anniversary the 2018 revenues have totaled almost 7,4 billion dollars. The EBITDA has been pairs to 121 million dollars (- 35%). Operating result and economic result clearly have turned out both of sign negative and pairs respective to -3 million and -242 million dollars against an operating profit of 56 million dollars and a net loss of -197 million dollars in exercise 2017.
Last year the total volume of shipments for marine way enlivened by the Swiss group has been pairs to 780 thousand container teu, with an increment of +7% regarding 729 thousand teu in 2017. The shipments for aerial way have instead marked a bending of the -7% being are pairs to 447 thousand tons against 480 thousand in 2017.
We remember that CEVA Logistics is object of under way a public purchase offer 12th February from the French shipowning group CMA 14 CMG that previews will finish next March, fusion that has obtained the green light from the EU commission(on October 26, 2018 and 7 February 2019).
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Still a trimester, the eleventh consecutive, archived item one in the red from the Helvetic logistic group CEVA Logistics. In the period October-December of 2018, in fact, the company has recorded a net loss of about -44 million dollars respect to a net loss of -73 million dollars in the last trimester of the year precedence. The revenues have turned out almost stable being piled to 1,9 billion dollars (+1%). The EBITDA has been pairs to 24 million dollars (- 44%) and the operating result has been of sign negative for -4 million dollars respect to an operating result negative for -3 million dollars in the fourth trimester of 2017.
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
