A strong operating performance with a further improvement
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Solid operating performance and resilient business activity
Second quarter 2019 - The CMA CGM Group delivers solid operating performance and above-market growth in volumes, despite an uncertain worldwide geopolitical environment
The Board of Directors of the CMA CGM Group, a leading worldwide transport and logistics group, met today under the chairmanship of Rodolphe Saadé, Chairman and Chief Executive Officer, to review the financial statements for the second quarter of 2019.
A new governance, a new brand identity and priorities reset to enable a successful turnaround
First quarter 2019 Activity: A new step in the transformation of the CMA CGM Group to adapt to the changing market
The CMA CGM Group has undertaken a number of strategic moves in recent months, including the acquisition of CEVA Logistics and regional short-sea players such as Mercosul and Containerships and the modernization of its fleet.
To adapt to the changing market, the Group is now taking a new step in its transformation by consolidating its development and implementing an ambitious cost reduction program.
CMA CGM successfully completes its public tender offer to acquire CEVA Logistics and confirms its position as a leading worldwide transport and logistics group
CMA CGM holds 97.89% of outstanding shares following the friendly bid for CEVA Logistics
The CMA CGM Group is making its banking covenants evolve
THIRD QUARTER 2018 FINANCIAL RESULTS: CMA CGM continues its growth in a more balanced market and accelerates its logistics strategy with CEVA
3rd Quarter Results : Volumes up 5.5% ; Revenue up 6.3% ; Operating margin : 4.0% ; Net income : USD 103.1 million
2018 SECOND QUARTER FINANCIAL RESULTS: Volume growth and positive net income in a market environment affected by rising fuel costs
Over the second quarter CMA CGM has recorded a core EBIT margin close to the first quarter as well as a positive net income in spite of a sharp increase in fuel prices. The strong volume growth demonstrates our commercial strength and the quality of our service offering.
Volume and revenue growth in a market environment affected by the rise in oil prices