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23 September 2019 The on-line newspaper devoted to the world of transports 04:31 GMT+2



October 29, 2012

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The economic performances from the Belgians CMB, Exmar and Euronav

Archived item the first nine months of 2012

The three shipowning societies Belgian Maritime Companies Belge (CMB), Exmar and Euronav, these last ones be detached in the years slid from group leader CMB, have concluded the first nine months of 2012 with results of different sign.

CMB, than work mainly in the marine bulk transport sand banks with the Bocimar branch let alone in the aerial field through a participation in ASL Aviation and other fields, has archived item the period with revenues for 503,2 million dollars, with a decrease of 6.0% regarding the period January-september of 2011. The EBITDA is piled to 126,0 million dollars (- 24.8%) and the EBIT to 35,8 million dollars (- 62.4%). Profit before taxes and profit clearly has turned out in increase respective of 9.9% and 12.5% to 109,8 million and 103,6 million dollars.

Exmar, that it is specialized in the marine which liquified gas transport, has closed the first nine months of the 2012 with a profit clearly of 45,0 million dollars on revenues for 331,3 million dollars respect to a net loss of 33,4 million dollars on revenues for 327,6 million dollars in the same period last year. EBITDA and EBIT have attested to 129,1 million dollars (+8.6%) and 72,7 million dollars (+109.5%). The result before taxes has been positive for 47,4 million dollars respect to a result negative for 31,7 million dollars in the first nine months last year.

Euronav, than work a fleet of oil tankers, has concluded the period January-september of this year with a net loss of 54,9 million dollars on revenues for 325,6 million dollars respect to a net loss of 45,6 million dollars on revenues for 301,5 million dollars in the correspondent period of 2011. EBITDA is piled to 123,1 million dollars (+0.9%). The EBIT and the result before taxes have been negatives for 11,2 million and 54,9 million dollars regarding results negatives for 4,1 million and 45,6 million dollars in the first nine months last year.





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