Independent journal on economy and transport policy
07:15 GMT+1
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The charter of Triton container for the first time records a decrease of the quarterly revenues
The profit clearly of the period July-september has been of 90,6 million dollars (- 5.3%)
October 24, 2019
In last the three trimesters the volume of transactions of the Triton International Ltd., that it is the main intermodal world-wide charter of container, progressively has been lost weight coming down in the period July-september of this year to 336,7 million dollars, with a decrease of the -3,8% on the third trimester of the 2018 that constitutes the first sign percentage negative by when the company is constituted on July 12, 2016 by the fusion of the Triton and SUCH. Also the costs have recorded an light bending of the -0,6% attesting itself to 172,4 million dollars. Operating and useful profit clearly has shown decrements respective of the -7,9% and the -5,3% coming down to 174,6 million and 90,6 million dollars.
The managing director of the society, Brian M. Sondey, has emphasized that, however, "the performances financial institutions of the Triton have remained solid in spite of the weakening of the question of charterings in existence from the slid autumn and with an activity of chartering that is continued to being little dynamic in the course of the traditional period of peak of the third trimester". Sondey has explained that world-wide the economic situation has recorded a worsening and that on the activities of marine transport, in particular, has had an impact negative the commercial tensions between the USA and China. "Fortunately - it has evidenced Sondey - it continues to being to us a good balance of the container offer because of the limited production of new containers and, even if it is continued to diminish gradually in the course of the third trimester, the rate employment of our fleet remains elevated on October 18, 2019 being of 96.1%".
In the first nine months of this year the revenues of the Triton are piled to 1,02 billion dollars, in increase of +2.1% on the same period of 2018. More emphasized (+3.3%) the increment of the costs that have been attested to 515,9 million dollars. The operating profit has been pairs to 534,6 million dollars (- 4.0%) and the profit clearly to 269,5 million dollars (- 5.5%).
Al 30 last September the fleet of containers of the Triton had a consistency pairs to 6,08 million teu, with a reduction of the -1,1% on on September 30, 2018.
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In last the three trimesters the volume of transactions of the Triton International Ltd., that it is the main intermodal world-wide charter of container, progressively has been lost weight coming down in the period July-september of this year to 336,7 million dollars, with a decrease of the -3,8% on the third trimester of the 2018 that constitutes the first sign percentage negative by when the company is constituted on July 12, 2016 by the fusion of the Triton and SUCH. Also the costs have recorded an light bending of the -0,6% attesting itself to 172,4 million dollars. Operating and useful profit clearly has shown decrements respective of the -7,9% and the -5,3% coming down to 174,6 million and 90,6 million dollars.
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
