News / BCT Gydnia the star performer in 2014 as ICTSI eyes better margins at new facilities

© Khunaspix Dreamstime.

Philippines-headquartered International Container Terminal Services Inc. (ICTSI) is set improve its profit margins as throughput at three new facilities in Mexico, Honduras and Iraq “gains traction”, according to Drewry Maritime Equity Research (DMER).

ICTSI last week reported an 18% annual increase in the number of containers it processed at its 29 international container terminals in 2014, to reach 7.4m teu.

Revenue jumped by 24% to $1.1bn, earnings before interest, tax, depreciation and amortisation (ebitda) improved by 17% to $443m and net income ...