CMA CGM expects stable performance for 2013

Increasing transport volumes with slight decline in revenues for the second quarter of 2013
 
In the second quarter 2013, consolidated revenue of CMA CGM amounted to USD 4.0 billion, which is a 2.4%-decline year-on-year, as the Board of Directors of the French container shipping group disclosed in their current financial statements. Consolidated net profit amounted to USD 268 million in the reporting period, versus a profit of USD 169 million in second-quarter 2012. A 4.9%-increase was registered in volumes carried, to 2.9 million TEU. CMA CGM reported USD 418 million in consolidated EBIT, up 7% year-on-year.
 
In the third quarter 2013, CMA CGM expects to benefit of an improved operating performance resulting from on-going cost discipline and higher freight rates. Given the still volatile operating environment, the group aims to report for 2013 a profit commensurate with its 2012 performance.
 
www.cma-cgm.com

Quelle: LogEastics

Portal: www.logistik-express.com

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