CMA CGM: superprofits and a greener horizon – Le Figaro

DECRYPTION – The world’s third-largest shipowner is having an excellent start to the year. It is accelerating the decarbonization of its activities. CMA CGM is continuing its momentum. On Friday, the French group, the world’s third largest shipowner, with 580 ships, published a record net profit of 7.6 billion for the second quarter. Over one year, its performance more than doubled, despite a severe zone of turbulence for the channels of goods, primarily affected by geopolitical tensions. This result was established on a 57% increase in activity, to 19.48 billion dollars. billions of dollars in profits; it is no longer very far from the 17.9 billion earned over the whole of the 2021 financial year – already a record for the company headed by Rodolphe Saadé. Lowering pricesLike all its major competitors, CMA CGM benefited from the strong increase in freight prices following the Covid-19 pandemic. In 2021, prices were multiplied, on average, by four: the chargers are ready… This article is reserved for subscribers. You have 79% left to discover.Cultivating your freedom means cultivating your curiosity.Continue reading your article for €0.99 the first month Already a subscriber? Login