CMA CGM’s Q1 revenues and earnings skyrocket

CMA CGM has reported a significant growth in 2021 first-quarter revenue, which reached US$10.7 billion, representing a 49.2% increase from the same period last year, when the Covid-19 crisis and lockdown measures had heavily impacted the world trade.

At the same time, the French shipping group has announced Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) of US$3.2 billion, which translates to an EBITDA margin of 29.7%, while its net income was US$2.1 billion.

Q1 2021 Revenue

CMA CGM has...

https://container-news.com/cma-cgms-q1-revenues-and-earnings-skyrocket/

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