FRECNH shipping giant CMA CGM has delivered robust first quarter results, despite an unstable geopolitical climate and an uncertain market environment since the start of the 2025 year.
CMA CGM achieved Q1 2025 revenue of US$13.3 billion, and a 4.2 per cent increase in container volumes to 5.8 million TEU. Average revenue per TEU stood at US$1,498, reports Australia's Daily Cargo News.
EBITDA totalled $3.1 billion, 29.1 per cent higher than in first-quarter 2024. EBITDA margin came in at 23.3 per cent, up 3.1 points.
"The global shipping and logistics market has been weathering a highly volatile period since the start of the year. Rising tensions from the introduction of trade barriers, combined with destabilizing geopolitical conflicts, are disrupting the operation of supply chains, which now need to be adapted to the new situation," CMA CGM said.
"In this environment, the CMA CGM Group has once again demonstrated agility and resilience.
"After the many operational challenges of 2024 caused by the situation in the Red Sea and the Gulf of Aden, 2025 got underway against a backdrop of market uncertainty created by escalating geopolitical tensions and a resumption of the trade war between the United States and China.
"Nevertheless, demand for transport and logistics services remained buoyant, enabling the group to deliver a solid performance for the first quarter of 2025.
CMA CGM carried 5.8 million TEU in the first quarter of 2025, up 4.2 per cent from the prior-year period.
Consolidated revenue from maritime shipping operations amounted to $8.8 billionover the quarter, up 11.5 per cent year on year.
EBITDA totalled $2.5 billion, 30.0 per cent higher than in first-quarter 2024. EBITDA margin came in at 28.9 per cent, up 4.1 points. Average revenue per TEU amounted to $1,498, up 7.1 per cent year on year.
Revenue from logistics activities totalled $4.3 billion in the first quarter of the year. EBITDA stood at $399 million, a 10.5 per cent increase on first-quarter 2024.
Revenue from other activities (port terminals, CMA CGM Air Cargo, CMA Media) increased by 30.9 per cent to $833�痂illion. EBITDA rose by 91.5 per cent to $157 million.
https://www.shippingazette.com/news?news_id=9250500000590
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