Independent journal on economy and transport policy
12:18 GMT+1
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Another record quarter for the containerized shipping company CMA CGM
In the period April-June the net profit has recorded an increase of +2,401.8%
August 30, 2021
EBITDA was $4.58 billion (+279.6%), operating profit at 3.80 billion dollars (+586.6) and net profit at 3.49 billion dollars (+2,401.8%). The contribution of containerized maritime transport activities only EBITDA was 4.32 billion (+329.6%) and EBIT was 4.32 billion 3.70 billion (+677.0%), while the contribution of other activities logistics EBITDA amounted to EUR 209.8 million (+34.7%) and EBIT at 74.4 million dollars (+101.1%).
In the period April-June of this year the volume of loads containerised goods transported by the group's fleet of ships French equalled the record set in the last quarter of 2020 having been pairs to 5,69 million teu, with an increase of +19,1% on the second quarter of last year.
In the entire first half of 2021, the period in which the fleet transported more than 11.1 million teu with an increase by +14.8% on the first half of last year, the revenues of the group are piled to 23,13 billion dollars (+63.0%), of which 18.57 billion generated by maritime transport activities of containers (+73.1%) and 4.58 billion from other activities logistics (+32.8%). Operating costs grew by +28.0% standing at $15.37 billion. EBITDA was equal to 7.76 billion dollars (+256.2%), the operating profit to 6.27 billion dollars (+580.8%) and net profit at 5.58 billion dollars (+2,.759.7%).
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EBITDA was $4.58 billion (+279.6%), operating profit at 3.80 billion dollars (+586.6) and net profit at 3.49 billion dollars (+2,401.8%). The contribution of containerized maritime transport activities only EBITDA was 4.32 billion (+329.6%) and EBIT was 4.32 billion 3.70 billion (+677.0%), while the contribution of other activities logistics EBITDA amounted to EUR 209.8 million (+34.7%) and EBIT at 74.4 million dollars (+101.1%).
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
