Port News & Information Mediterranean, Black & Caspian Seas

CMA CGM – first quarter 2020 results – solid operating performance & resilient business activity

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First Quarter 2020 Results – Marseille, June 5, 2020 Operating margin increase to 13.5% and positive net result of $48 million. Significant strengthening of liquidity in line with defined targets. Effective cost control and prompt adaptation of deployed capacity in response of evolving market conditions. The CMA CGM Group sets an objective to become carbon…

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