The company saw a net income of $48 million in Q1 2020, an increase of $91 million when compared to a net loss of $43 million suffered in the corresponding period a year earlier.
As explained, the result includes a $185 million gain from the disposal of port terminals to Terminal Link.
During the first quarter of 2020, in the context of a slowdown in world trade and a decline in carried volumes, CMA CGM Group revenues amounted to $7.19 billion, slightly down compared to the $7.41 billion recorded in the same period last year.
