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CMA CGM Group Q3 revenue amounted to $4.4 billion

Staff writer ▼ | November 25, 2014
CMA CGM Group announced its results for the third quarter of 2014. Consolidated revenue amounted to $4.4 billion, this is a 6.4% increase compared with the 3rd quarter of 2013.
6.4% up   Better quarter for CMA CGM
Volumes carried increased by 8.3 % to 3.2 million of Twenty-foot Equivalent Units (TEUs). Average revenue TEU decreased by 1.8% over the period.

Carried volumes have reached their highest level over the Group’s history thanks to the lines deployed in high-growth areas and to the strength of the services offered on the main markets.

Asia-Europe where steady growth has been recorded. Intra-Asia and Oceania: in these areas, the Group operates through expert subsidiaries such as ANL or CNC, complementary to CMA CGM. Africa: CMA CGM has continued the development of its maritime and intermodal activities on this continent. The Group has expanded its service offering and has opened new land corridors, under the CMA CGM or the DELMAS brands.

Reefer transport: CMA CGM has a strong expertise on this high-growth transport segment. The Group recently purchased 7,000 new reefer containers and targets to carry one million reefers in 2015.