Home Business CMA CGM will get Q1 revenue carry as transport rush continues By...

CMA CGM will get Q1 revenue carry as transport rush continues By Reuters


© Reuters. The CMA CGM Marco Polo, an Explorer class container ship docks at Elizabeth port as seen from Bayonne, New Jersey, U.S., Might 20, 2021. REUTERS/Eduardo Munoz/Recordsdata

PARIS (Reuters) – CMA CGM, one of many world’s largest container transport teams, on Friday posted a soar in first-quarter earnings and mentioned it expects robust demand for transporting shopper items to proceed for the remainder of the yr.

French-based CMA CGM’s internet revenue reached $2.1 billion within the first quarter towards $48 million in the identical interval final yr, whereas core EBITDA earnings rose to $3.2 billion from $973 million, the group mentioned in a outcomes assertion.

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