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21 October 2020 The on-line newspaper devoted to the world of transports 23:23 GMT+2

September 24, 2020

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In 2019, the shipping company GNV is back profit

Vague: the 2020 financial year will inevitably suffer Covid-19 Emergency

The navigation company GNV of the Mediterranean Group Shipping Company (MSC) has announced that it is returning to profit 2019 against an operating loss of -13.4 million euros recorded in the previous year. The Assembly shareholders of the company, which approved the results achieved in 2019, it also saw a consolidation on all lines of business and a marked improvement in the main performance indices.

At the same time as the 2019 budget was approved, the shareholders proceeded to renew the board of directors administration for a further three years, with confirmation that Pierfrancesco Vago as executive chairman, Matteo Catani chief executive officer and the co-optation of Pietro Di Maio, former CFO of the company, to whom formally assigned specific proxies and responsibilities in finance area.

Commenting on the results for the 2019 financial year and the Pierfrancesco Vago GNV finally closed in February, after years of intense work, twelve months in health and in full balance Economic. "The 2020 financial year," he added, "will suffer inevitably the Covid-19 emergency and the limitations on movement of people even though it's still early for estimates accurate result. What is certain is that GNV never stopped: it provided essential services for country and has worked hard to develop strict health protocols that allow our customers to continue to our services in full safety."

The company's fleet currently consists of 16 ships on 11 international and seven national routes to and from Sardinia, Sicily, Spain, France, Albania, Tunisia and Morocco.

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