Strong 2018 financial results set Le Havre up to invest in development programme
The Port of Le Havre recorded strong financial results in 2018, putting it in a good position to carry out its ambitious €600m (US$677.8m) investment programme which includes the completion of Port 2000.
The increase in turnover to €195m (US$220.4m) is a result of the effectiveness of the pricing policy that has been set up, particularly with regard to the new public property policy adopted by the Port of Normandy.
Cash flow from operations has tripled in the last five years and exceeded the target set by the Port of Normandy’s strategic project at €55m (US$62.1m).
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