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July 28, 2022
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- Container charterer Triton records revenues
quarterly records
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- Market growth expected to ease
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 In the second quarter of this year the company's revenues
Rental of intermodal containers Triton International have
reached the record value of 421.6 million dollars, with a
increase of +14.0% on the corresponding period of 2021. A new
record value was also recorded by operating profit
which amounted to 269.7 million dollars (+18.0%). The profit
net was equal to 184.6 million dollars (+183.0%).-
- The size of the company's container fleet is also
rose to a record share being equal to over 7.4 million teu,
with an increase of +7.1% on 30 June 2021.
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- Highlighting the remarkable results for the shareholders produced
from the company, Triton's CEO, Brian
Sondey, noted that "the very high yields of the
Triton reflect the long-lasting improvements made to our
activities as well as generally favourable conditions
of the market. The utilization rate of our fleet - has
specified - remains well above 99% and reflects the remarkable
share of our container fleet which is placed at
long-term rental and low level of returns. Prices
of the new containers - explained Sondey - have decreased
compared to the peak reached last year, but they continue to be
at historically high levels, with factories listing
20-foot containers for dry cargoes around $2,600,
and offer considerable support for rental prices and
disposal of containers'. Sondey pointed out that the company
believes that the growth of the rental market of
containers will continue to subside, but - he underlined -
this will not have an impact on the company's performance
expecting to close a third quarter with earnings per share
in line with that of the second trimester.
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- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
phone: +39.010.2462122, fax: +39.010.2516768, e-mail
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