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20 September 2019 The on-line newspaper devoted to the world of transports 22:11 GMT+2

September 10, 2018

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Original news
CMA CGM has concluded the second trimester with a decrease of the economic performances

In the period the fleet has transported 5,2 million container (+9.7%)

In the first semester of this year the French shipowning group CMA CGM has recorded revenues pairs to 11,1 billion dollars, with an increment of +11.9% respect to beyond 9,9 million dollars, total - this last one - riclassificato taking into consideration the passage from international the accounting principles IAS 39 to those IFRS 9 and of the adhesion of the French group to the shipowning alliance OCEAN Alliance happened on April 1°, 2017 and based on which in the budget of CMA CGM the revenues generated from the commercialization of cargo slot do not figure more in the within of the alliance. In the first half of 2018 more the increment of the operating expenses is emphasized that are piled to 10,7 billion dollars (+19.6%). EBITDA and EBIT have marked decrements respective of the -56,9% and the -77,6% attesting to 993,9 million and 732,3 million dollars. The profit clearly has been pairs to 312,3 million dollars respect to a net loss of -34,4 million dollars in the first half of 2017.

In the first six months of this year the fleet of portacontainer of CMA CGM has transported cargo volumes pairs to 10,1 million teu, with a progression of +12.7%. Al the 30 last June fleet of the group was constituted by 509 ships for a total cargo ability pairs to 2,6 million teu, with increments respective of +10% and +8% about regarding on June 30, 2017.

In the second solo trimester of the 2018 revenues and the operating costs of the French group they have shown increases on the same period last year pairs respective to +7.4% and +16.9% and are gone up to 5,7 billion and 5,5 billion dollars. The EBITDA has turned out of 611,1 million dollars (- 65.8%), the EBIT of 472,7 million dollars (- 89.7%) and the profit clearly of 220,6 million dollars (- 85.1%).

In the period April-june of this year the fleet of the group has transported almost 5,2 million teu (+9.7%).

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