{"id":86211,"date":"2022-03-08T16:17:34","date_gmt":"2022-03-08T09:17:34","guid":{"rendered":"https:\/\/advantage.vn\/vi\/?p=86211"},"modified":"2022-08-20T15:15:46","modified_gmt":"2022-08-20T08:15:46","slug":"cma-cgm-report-us56-billion-revenue-achieving-78-increase","status":"publish","type":"post","link":"https:\/\/advantage.vn\/en\/cma-cgm-report-us56-billion-revenue-achieving-78-increase\/","title":{"rendered":"CMA CGM reports US$56 billion revenue, achieving 78% increase"},"content":{"rendered":"

[Advantage Logistics<\/a><\/span>] CMA CGM Group has announced strong financial results in 2021, with revenue amounting to US$56\u202fbillion, which is up 78% compared to 2020.<\/strong><\/p>\n

The French group’s earnings before interest, taxes, depreciation and amortisation (EBITDA) registered a surge of more than 278% year-on-year, standing at US$23.1\u202fbillion, with an EBITDA margin of 41.3%, and a 21.8-point increase over the previous year.<\/p>\n

Furthermore, CMA CGM has reported net income, group\u202fshare, of US$17.9\u202fbillion in 2021, and has decided to reinvest 90% of the net income into the group\u2019s development, the energy transition and its employees.<\/p>\n

The company’s net debt reached US$7.7\u202fbillion as of 31 December 2021, mostly driven by a high level of free cash flow generation on the back of the group\u2019s operational performance.<\/p>\n

\"CMA-CGM-figures\"<\/p>\n

Meanwhile, CMA CGM’s container volumes increased by 5% to 22\u202fmillion TEU.<\/p>\n

“This increase reflects a dynamic start to the year followed by a second-half where volumes were constrained by the lengthening of transit times, due to port and inland infrastructure congestions in certain parts of the world,” explained CMA CGM in a statement.<\/p>\n

The Marseille-based group implemented a range of actions in 2021 to improve the quality of its service, such as expanding its vessel and container fleets.<\/p>\n

Particularly, CMA CGM achieved a significant expansion of the logistics and global infrastructure networks by increasing 5.8% its shipping capacity, with the addition of almost 175,000 TEU amid a globally strained supply chain.<\/p>\n

\"CMA-CGM-ship\"<\/p>\n

The group also added 47 owned vessels in its fleet during the previous year, including 10 with a capacity of more than 15,000 TEU, as well as 800,000 containers.<\/p>\n

“In 2022, we will continue our transformation around our two pillars, transport and logistics, and accelerate our energy transition,” said Rodolphe Saad\u00e9, chairman and CEO of the CMA CGM Group.<\/p>\n

Source: Container-News<\/strong><\/p>\n

>> Other news:\u00a0<\/strong><\/span><\/p>\n