CMA CGM posts Q3 loss of $268m

Posted on Nov 19

CMA CGM reported a Q3/2016 loss of $268 million compared to profits of $51 million for the same period last year on Q3/2016 revenues of $4.47 billion (which include $1.14 billion of Q3/2016 revenues came from NOL/APL.), up from $3.98 billion for Q3/2015.
Without the acquisition of Neptune Orient Lines (NOL) that included APL the quarterly loss would have been $202 million.