CMA CGM reports net income of $1,1 bn for Q1, 2025

By Admin

19 May, 2025

Strong Financial Start to 2025
The CMA CGM Group, a global leader in sea, land, air, and logistics solutions, has announced robust results for the first quarter of 2025. Under the leadership of Rodolphe Saadé, Chairman and CEO, the Group posted a net income of $1.1 billion, reaffirming its solid market position amidst a complex global economic backdrop.

Revenue Growth Across Segments
In Q1 2025, Group revenue reached $13.3 billion, with maritime shipping operations contributing $8.8 billion, reflecting an 11.5% increase year-on-year. The shipping division carried 5.8 million TEUs, marking a 4.2% increase compared to Q1 2024. This growth is attributed to the sustained momentum in global trade and freight transport demand. The average revenue per TEU rose to $1,498, up 7.1% year-on-year.

The Group's EBITDA for the quarter stood at $3.1 billion, up 29.1% from Q1 2024. The EBITDA margin rose to 23.3%, showing a significant improvement of 3.1 points, with the shipping segment alone accounting for $2.5 billion in EBITDA, a 30.0% increase and an EBITDA margin of 28.9%.

Logistics Performance and Strategic Expansion
CMA CGM's logistics segment recorded revenues of $4.3 billion, supported by the strategic acquisition of Bolloré Logistics on February 29, 2024, and strong performance in Contract Logistics. However, Finished Vehicle Logistics and Road Haulage activities in Europe faced headwinds due to challenges in the automotive market. Nonetheless, logistics EBITDA rose by 10.5% to reach $399 million, showing resilience in a mixed market environment.

The Group also saw continued diversification success, with revenue from other activities (including port terminals, CMA CGM Air Cargo, and CMA Media) increasing 30.9% to $833 million. This segment's EBITDA surged 91.5% to $157 million, supported by the integration of RMC BFM and strong performance in terminals and air freight.

Strategic Focus and Global Expansion
CMA CGM is actively expanding its footprint across France and Europe, while significantly increasing its presence in key markets such as the United States, India, the Middle East, and Brazil. These strategic moves position the Group for sustained growth in both developed and emerging trade corridors.

Navigating Uncertainty: The Road Ahead
While the start of 2025 has been strong, geopolitical tensions and tariff policy changes, particularly by the United States and China, pose potential risks to global trade volumes. Additionally, ongoing Red Sea shipping disruptions and limited visibility on future trade trends require the Group to stay agile. CMA CGM emphasizes the need for effective capacity management, cost control, route diversification, and continuous investment in optimization and forecasting technologies to navigate uncertainties and maintain its competitive edge.

Conclusion
CMA CGM’s Q1 2025 performance underlines the Group's resilience, strategic foresight, and ability to thrive amidst global challenges. With strong growth across its core and diversified business units, the company is well-positioned to navigate the evolving global trade landscape while continuing to invest in long-term sustainability and innovation.