The company saw a net income of $48 million in Q1 2020, an increase of $91 million when compared to a net loss of $43 million suffered in the corresponding period a year earlier.
As explained, the result includes a $185 million gain from the disposal of port terminals to Terminal Link.
During the first quarter of 2020, in the context of a slowdown in world trade and a decline in carried volumes, CMA CGM Group revenues amounted to $7.19 billion, slightly down compared to the $7.41 billion recorded in the same period last year.
Shipping revenue declined by 3.3 per cent compared to Q1 2019 to $5.52 billion. Volumes carried by CMA CGM decreased by 4.6 per cent compared to the first quarter of 2019 due to the impact of COVID-19 and more specifically the shutdown of factories, particularly in Asia in February and March. Nevertheless, revenue per carried container improved slightly, due mainly to the application of fuel surcharges.
The group’s operating performance improved significantly. Adjusted EBITDA for the group increased by 25 per cent to $973 million, equating to a margin of 13.5 per cent, up 3 percentage points relative to the first quarter of 2019.
During the quarter, CMA CGM strengthened its cash position with a syndicated loan of €1.05 billion ($1.1. billion). Signed with a consortium of three banks, the loan is 70 per cent guaranteed by the French State and is part of the scheme set up by the government in response to the COVID-19 crisis and validated by the European Commission.
儘管受到冠狀病毒大流行的挑戰，法國集裝箱運輸巨頭CMA CGM 今年第一季度仍取得了正的淨利。
該公司在2020年第一季度的淨收入為4800萬美元，比去年同期的淨虧損4300萬美元增加了9100萬美元。
正如所解釋的那樣，其結果包括出售港口碼頭至Terminal Link帶來的1.85億美元收益。
2020年第一季度，在世界貿易放緩和運載量下降的背景下，達飛輪船集團的收入為71.9億美元，與去年同期的74.1億美元相比略有下降。
與2019年第一季度相比，航運收入下降了3.3％，至55.2億美元。由於COVID-19的影響，更具體地說是工廠的關閉，尤其是2月和3月在亞洲的關閉，CMA CGM的運載量與2019年第一季度相比下降了4.6％。儘管如此，每個運貨集裝箱的收入略有改善，這主要是由於燃油附加費的應用。
該集團的經營業績顯著改善。該集團的調整後EBITDA增長25％，達到9.73億美元，利潤率為13.5％，相對於2019年第一季度增長了3個百分點。
在本季度，達飛輪船以10.5億歐元（11億美元）的銀團貸款加強了現金狀況。該貸款由三家銀行組成的財團簽署，由法國政府提供70％的擔保，是政府為應對COVID-19危機而製定的計劃的一部分，並已獲得歐盟委員會的批准。
Imformation source: World Maritime News Staff , Image Courtesy: CMA CGM
