CMA CGM Air Cargo eyes expansion with bid for Air Belgium
CMA CGM Air Cargo has swooped in to bid for Air Belgium, after a Dutch ...
© David Taljat |
By Alex Lennane
CMA CGM Group posted 2024 results broadly similar to those of AP Møller Maersk (APMM), but warned of a difficult year to come.
As usual, however, the French shipping group, which has now integrated Bolloré Logistics into its Ceva subsidiary, did not provide full transparency into its numbers.
CMA said the results were “solid”, with revenues up 18%, to $55.5bn – the same as rival APMM. Ebitda was up 49%, to $13.4bn, pipping Maersk’s $12.1bn. But while net profit rose some ...
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