CMA CGM accelerates strategic investments in light of positive financial performance
CMA CGM Group strengthens its financial performance and structure following a year of investments into its shipping activities, operational and commercial initiatives, and port terminals.
In 2021 the group’s revenue rose 78% year-on-year to US$56bn, driven mainly by CMA CGM’s shipping activities, while EBITDA came in at US$23.1bn representing an EBITDA margin of 41%.
Rodolphe Saadé, chairman and CEO of the CMA CGM Group, said: “Driven by extremely strong demand conditions, we recorded excellent results in 2021.
You need a free subscription to read the entire article.
Subscribe
Subscribe for FREE and gain access to all our content.
More than 5000+ articles.
Related Posts
Other News
Container Management (cm) has been published for more than 30 years serving the port, terminal, intermodal and container handling equipment industries worldwide.
