Ocean carriers the 'outright financial winners' in a year of unpredictability
A year of unpredictability has led to substantial increases in both ocean and air freight ...
RXO: COYOTE FILLIP GONEGM: SUPPLY CHAIN HITBA: CUT THE FAT ON THE BONER: STEADY YIELDMAERSK: SELL-SIDE UPDATESDAC: TRADING UPDATE OUT SOONTSLA: FEEL THE PAIN IN CHINAWMT: GUESS WHATXPO: SURGINGAMZN: LOOKING FORWARDCHRW: PAYOUT UNCHANGEDWTC: NEW HIGH MAERSK: 'AFLOAT IN A SEA OF RISK' F: TARIFF TRAFFIC WARNINGHON: GAUGE THE UPSIDEXPO: STELLAR EARNINGS DELIVERYMAERSK: DEMAND DISRUPTION RISK
RXO: COYOTE FILLIP GONEGM: SUPPLY CHAIN HITBA: CUT THE FAT ON THE BONER: STEADY YIELDMAERSK: SELL-SIDE UPDATESDAC: TRADING UPDATE OUT SOONTSLA: FEEL THE PAIN IN CHINAWMT: GUESS WHATXPO: SURGINGAMZN: LOOKING FORWARDCHRW: PAYOUT UNCHANGEDWTC: NEW HIGH MAERSK: 'AFLOAT IN A SEA OF RISK' F: TARIFF TRAFFIC WARNINGHON: GAUGE THE UPSIDEXPO: STELLAR EARNINGS DELIVERYMAERSK: DEMAND DISRUPTION RISK
As I wrote earlier today for Transport Intelligence, “after a truly transformational 2017, France’s Bolloré continued to grow in 2018, although its headline financials were also clouded by several accounting adjustments that rendered year-on-year comparisons particularly challenging.
“Group revenues – up 7% to €23bn at constant scope and exchange rates – rose 26% on a reported basis, following IFRS-15 accounting restatements, and including €13.9bn from Vivendi, which was fully consolidated in early 2017. Meanwhile, goodwill and intangibles amounted to 44% of total assets, and were virtually unchanged in absolute terms.”
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