Rising costs dent bottom line at CMA CGM
Net income fell by two-thirds to $103.1m. But core earnings before interest, tax, depreciation and amortisation margin recorded a significant increase compared with the second quarter of 2018, at 4%
French carrier saw revenues and liftings increase, but higher fuel costs took their toll. Meanwhile, the company intends to make a full takeover bid for logistics operator CEVA
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