The Difference a Year Makes as CMA-CGM Falls Behind Maersk and Hapag-Lloyd — Panjiva
Más

Panjiva_research_logo

The Difference a Year Makes as CMA-CGM Falls Behind Maersk and Hapag-Lloyd

Corp - Forwarders 157 Corp - Shipping 610 Earnings 365 Global 723 Mergers 200 Mode - Containerized 1006 Mode - Seaborne 1275

CMA-CGM reported third quarter revenue growth of 6.3% on a year earlier, with Transpacific volume growth providing the main impetus. Yet, like most of the rest of the shipping sector, profitability fell resulting in an EBITDA margin of 6.4% from 12.4% a year earlier. That meant CMA-CGM has fallen well behind Maersk (11.3% from 12.1%) and Hapag-Lloyd (12.8% from 12.9%). In turn the decline may suggest its investments in faster and more reliable delivery – including the Eagle Go service – have come at a cost. Those investments have though led CMA-CGM’s U.S. inbound, seaborne volumes to cli...

PANJIVA RESEARCH is a service provided by Panjiva, Inc. ("Panjiva") to relevant global subscribers, and are deemed to be Panjiva "Services" subject to the Panjiva Terms & Conditions of Use. Information contained within or made available via the Services is for informational purposes only and nothing in the Services shall constitute or be construed as an offering of financial instruments, or as investment advice or recommendations by Panjiva, Inc. or its affiliates of an investment strategy or whether to "buy", "sell" or "hold" an investment. The Services may include views and commentary about customers of Panjiva. No aspect of the Services is based on consideration of your individual circumstances, and you should determine on your own whether you agree with the information contained within or made available via the Services. Employees involved in Panjiva Research may hold positions in securities analyzed or discussed in the Services. Panjiva does not make any express or implied warranties, representations, endorsements or conditions with respect to the Services and the information contained within or made available via the Services, including without limitation, warranties as to the usefulness, completeness, accuracy, currentness, reliability or sufficiency of any information (including, without limitation, conclusions, statements, opinions, estimates, forecasts or projections of any kind) and expressly disclaims any implied warranties. Neither this disclaimer nor any of its contents may be forwarded or redistributed without the prior written consent of Panjiva. © 2019 Panjiva, Inc. All Rights Reserved.