CMA CGM reports lower earnings amid market normalisation
NewsWeaker market impacts CMA CGM’s Q1 results, with a 7% decline in revenues and a more than 30% profit decrease compared to the strong Q1 performance of the previous year.
Reefer demand held up well in 2014, with the leasing sector accounting for the majority of investment, but its intake was down on the 2013 peak, whilst rental per diems and cash returns remain depressed.
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