Independent journal on economy and transport policy
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In the fourth quarter of 2019, the terminalist company ICTSI reported a decline in economic results
Container traffic is stable
March 6, 2020
In the last quarter of last year, the group's terminals handled containerized traffic of almost 2.6 million million teu, a volume similar to that of the same period of the 2018, of which 1.4 million teu moved from The Asian terminals (-0.6%), 742 thousand teu from terminals in the Americas (-4.1%) and 448 thousand teu from port terminals in Europe, the Middle East and Africa 11.0%).
In the full year 2019, the group's revenues totaled 1.53 billions of dollars, an increase of 6.1% on the previous year, 1.48 billion produced by port operations 6.9%). EBITDA was US 830.1 million operating profit up 9.9%, operating profit up 12.4% to US 595.2 million And net profit at US 132.7 million (-43.7%).
Last year, the group's terminals total container traffic of 10.2 million teu (up 4.5%), 5.4 million teu moved in Asia (up 3.2%), 3.0 million teu in the Americas (1.5%) and 1.8 million teu in Europe, Medium East and Africa (14.7%). The only Adriatic Gate Container Terminal (AGCT), which is located in the port of Rijeka and is the only Philippine group's terminal in the Mediterranean, filed the 2019 with a record traffic of 271,817 teu, equal to an increase in the 20% on 2018.
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In the last quarter of last year, the group's terminals handled containerized traffic of almost 2.6 million million teu, a volume similar to that of the same period of the 2018, of which 1.4 million teu moved from The Asian terminals (-0.6%), 742 thousand teu from terminals in the Americas (-4.1%) and 448 thousand teu from port terminals in Europe, the Middle East and Africa 11.0%).
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
