Independent journal on economy and transport policy
11:55 GMT+1
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In the third quarter, CMA CGM follows the same trend as its competitors: record financial results and containers transported down
Four cargo aircraft ordered
November 19, 2021
CMA CGM filed the third quarter of this year with record revenues of $15.32 billion, with a a significant increase of +89.4% on the same period of 2020, of which 12.49 billion generated by transport activities maritime containerized (+101.3%) and 2,92 billion dollars from logistics activities (+55.3%). Much more content the increase in operating costs of €8.21 billion dollars (-28.6%). EBITDA amounted to €7.10 billion (+317.9%), with a contribution of 6.80 billion from shipping containerized (+356.3%) and 273.8 million from activities logistics (+63.0%). Operating profit was 6.12 billion dollars (+473.3%), of which 6.08 billion generated the activity of the portacontainer fleet (+536.3%) and 133.7 million from logistics activities (+219.9%). The profit net was of 5.64 billion dollars (+885.5%).
In the third quarter of 2021 the volume of container cargo transported by the ships of the company French was equal to 5,45 million teu, with a decrease of -2.5% on the corresponding period last year.
Meanwhile, the French group announced that it had ordered more four Airbus A350F cargo aircraft destined for his new company AIR CARGO CMA CGM Air Cargo inaugurated last February that currently operates four Airbus A330-200F and will take in delivers two new aircraft over the next summer.
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CMA CGM filed the third quarter of this year with record revenues of $15.32 billion, with a a significant increase of +89.4% on the same period of 2020, of which 12.49 billion generated by transport activities maritime containerized (+101.3%) and 2,92 billion dollars from logistics activities (+55.3%). Much more content the increase in operating costs of €8.21 billion dollars (-28.6%). EBITDA amounted to €7.10 billion (+317.9%), with a contribution of 6.80 billion from shipping containerized (+356.3%) and 273.8 million from activities logistics (+63.0%). Operating profit was 6.12 billion dollars (+473.3%), of which 6.08 billion generated the activity of the portacontainer fleet (+536.3%) and 133.7 million from logistics activities (+219.9%). The profit net was of 5.64 billion dollars (+885.5%).
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
