Independent journal on economy and transport policy
12:45 GMT+1
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Triton, in 2019 stable revenues and net profit of 353.3 million dollars (-1.0%)
In the fourth quarter alone, turnover fell by -6.8%
February 17, 2020
In the whole of 2019, revenues amounted to 1.35 billion -0.2% year-on-year Previous. Operating profit was 697.2 million 7.3%) and net profit at 353.3 million dollars (-1,0%).
Triton President and CEO Brian M. Sondey, pointed out that last year the company got strong performance despite a market situation that is always "In 2019," he explained, "growth in 2019 of the countered trades was weaker than the expected as a result of a weakening of economic conditions imbalances caused by the trade dispute between the United States and China. The low level of trade growth led to limited demand for new containers, at higher prices lows for new containers and lower tariffs in the rental market. However, the supply of containers is well-balanced gender due to the decrease in production of new containers, and -- pointed out Sondey -- our substantial portfolio in the rentals segment and our outstanding operational capabilities have helped us mitigate the impact of the difficult conditions."
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In the whole of 2019, revenues amounted to 1.35 billion -0.2% year-on-year Previous. Operating profit was 697.2 million 7.3%) and net profit at 353.3 million dollars (-1,0%).
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
