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PRESS RELEASE
– Further normalization of the transport and logistics markets.
– Revenue and operating profit down, in line with first-quarter guidance.
– Stable contribution of the logistics segment supported by external growth and the dynamism of certain activities.
– Financial strength supporting continued investments and the implementation of the Group’s decarbonization strategy.
The Board of Directors of the CMA CGM Group, a global player in sea, land, air and logistics solutions, met today under the chairmanship of Rodolphe Saadé, Chairman and Chief Executive Officer, to review the financial statements for the second quarter of 2023.
Commenting on the results for the period, Rodolphe Saadé, Chairman and Chief Executive Officer of the CMA CGM Group, said:
“As expected, our industry continued to normalize in the second quarter and, despite difficult market conditions, our performance remains robust. In recent years, we have significantly strengthened our two strategic pillars: transport and logistics. On that basis, our Group will pursue its transformation, as it continues to expand and to integrate recently acquired subsidiaries, while stepping up investments to decarbonize its activities”.
The full statement is here.
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