News / Bolloré bounce boosts CMA CGM Q2 revenues, but job worries persist

Photo: CMA CGM Group

CMA CGM Group has announced a “robust performance” in the second quarter, with revenues up 6.8%, to $13.1bn. But insiders say not all is well in parts of the group.

Ebitda was down 4.3% to $2.47bn, while net income fell $670m to $661m.

The group said the revenue rise was in part driven by logistics, which was bolstered by the Bolloré Logistics integration.

Shipping volumes were up 6.8% to 6m teus. The group said: “The increase is due to buoyant world merchandise trade ...