In the last quarter of 2023, the trend of Double-digit percentage decrease in Group revenues French owner CMA CGM which characterized throughout the year and which was generated by the reduction in the turnover of the containerised shipping segment, which in the the second half of 2023 also affected the other major The Group's sector of activity is logistics. This trend caused a return to an economic loss after 15 consecutive quarters of earnings.

In the period October-December last year, revenues were amounted to $10.6 billion, down -37.4% compared to the same period of 2022, of which €5.5 billion (-46.6%) generated by the containerized shipping sector, 3.9 billion (-14.9%) from logistics activities and $549 million (+30.0%) from other activities. Ebitda was €1.0 billion (-82.5%), with a contribution of €630 million (-88.2%) from containerised maritime transport, of €343 million logistics activities (+25.5%) and €29 million (-69.8%) from other activities. The quarter has been archived with a net loss of -$90 million compared to a profit net of over €3.0 billion in the last quarter of 2022.

In the fourth quarter of 2023, container cargo volumes transported by the group's fleet amounted to 5.5 million TEU (+6.8%). Throughout the year, the containers transported were more than 21.8 million TEUs, with an increase of +0.5% on 2022.

In the 2023 financial year, revenues amounted to 47.0 billion (-36.9%), of which 31.4 billion (-46.7%) produced from the activity of the container ship fleet, 15.2 billion (-5.5%) from logistics activities and 2.0 billion (+10.8%) from other activities. Ebitda was totalled €9.0 billion (-72.9%), with a contribution of €7.4 billion (-76.6%) from shipping, €1.4 billion (+12.5%) from logistics and €236 million (-47.3%) from other activities. CMA CGM has closed the year 2023 with a net profit of over 3.6 billion compared to net profit of €24.9 billion in the previous year.

Commenting on the results achieved in 2023, the administrator delegate of the French group, Rodolphe Saadé, noted that "During the year, the conditions of the shipping market were progressively worsened. Our results are declining, as We expected it. Logistics, on the other hand," Saadé pointed out is proving to be more resilient and is a part of the significant impact of our business. Now our group rests on two solid pillars, which will allow us to address the challenges of the cyclical changes more efficiently'. A second The pillar of logistics, which CMA CGM has recently strongly strengthened with the acquisition of compatriot Bolloré Logistics, an operation that today has been approved by the European Commission ( of 23 February 2024).