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CMA CGM’s net income jumped 43% to $1.121 billion in the first quarter of 2025 from $785 million year-on-year amid an uncertain market environment
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Group revenues rose 12.1% to $13.3 billion
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The largest earnings contributor, the shipping unit reported an 11.5% hike in revenues
CMA CGM’s net income jumped 43% to $1.121 billion in the first quarter of 2025 from $785 million year-on-year amid an uncertain market environment.
Group revenues rose 12.1% to $13.3 billion. EBITDA jumped 29.1% to $3.086 billion.
Shipping operations remained the largest contributor to earnings, with revenues up 11.5% to $8.758 billion. Earnings before interest, taxes, depreciation and amortization (EBITDA) increased 30% to $2.5 billion from $1.9 billion in the same quarter of 2024.
The logistics division also showed steady performance. Revenue from logistics grew 10.1% year-on-year to $4.3 billion while EBITDA rose by 10.5% to $399 million.
Other business activities, including terminal operations, air cargo, and other supporting services, brought in $157 million, a 91.5% jump compared to $82 million in the same quarter last year.
In a statement, CMA CGM Saadé chairman and CEO Rodolphe Saadé said: “In an unstable environment marked by trade tensions and geopolitical risks, CMA CGM continues to deliver solid results through the strength of our core operations and long-term investments.”
Since the start of the year, the global shipping and logistics market has been weathering a volatile period, according to CMA CGM. It added that rising tensions from the introduction of trade barriers, combined with destabilizing geopolitical conflicts, are disrupting the operation of supply chains.
Saade outlined recent developments aligned with the Group’s global strategy:
- In India, the CMA CGM Vitoria, the company’s first Indian-flagged vessel, docked at Nhava Sheva Freeport Terminal following Prime Minister Narendra Modi’s visit to Marseille.
- In the United States, the Group launched a $20-billion multi-year investment plan to expand its US-flagged fleet, modernize ports, build new warehouses, and set up an air freight hub in Chicago. READ: CMA CGM to invest $20B in US maritime transport, logistics over next four years
- In the Middle East, CMA CGM signed contracts to manage the Latakia container terminal in Syria and a dry port in Egypt.
- In South America, CMA CGM acquired majority control of Santos Brasil, strengthening its terminal operations in Brazil.
