Independent journal on economy and transport policy
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CEVA Logistics has closed the second trimester with a net loss of -32 million dollars
Light bending of the revenues
July 31, 2019
CEVA Logistics, society that they give last April has become part of the French shipowning group CMA CGM(of 8 April 2019), it has closed the second trimester of this year in loss, so as it happens consecutively from 13 quarterly periods, recording however an improvement of the economic performances regarding the same period of 2018. The revenues are piled to 1,82 billion dollars, with a bending of the -1,7% on the period April-june last year. The operating profit has grown of +540.0% attesting itself to 32 million dollars. The quarterly net loss has been of -32 million dollars respect to a loss of -45 million dollars in according to trimester of 2018.
Remembering that the logistic society is putting into effect a deep restructure of own operating activities, the managing director of CEVA Logistics, Nicolas Sartini, have specified that objectives of the company are to obtain a free already positive cash flow from the fourth trimester of this year and an ulterior improvement of the profit.
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CEVA Logistics, society that they give last April has become part of the French shipowning group CMA CGM
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
