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The French shipping company CMA CGM got in legal first-quarter profit of $ 97 million revenue after tax. It was n million more than the same quarter in 2013. Revenue increased from 3.83 billion revenue in the first quarter of 2013 to 3.94 billion in s. Volume rose from 2.6 million TEUs to 2.8 million TEUs.
For PRESENTATION of the quarterly financial statements, revenue the owners have appointed a new deputy CEO. It is the nuvrende Chairman and CEO Jacques Saades sn Rodolphe which is slated for later take over the leadership revenue of the great French container shipping company. The 44-rich Director has been udnvnt deputy executive officer, and thus nstkommanderende in the company. This is in keeping with Jacques Saades desire that Rodolphe must efterflge him point the time comes. Farid Salem will remain as director, while Jacques Saades daughter Tanya Saade Zeenny becomes director responsible for communication, accounting, marketing, administrative and institutional context. Lower costs were to blame for the slightly better earnings. The Company announces that freight rates after a dive at the start of its second quarter revenue is now on a understttende level, but remains volatile. Source: Tradewinds