Robust performance amid uncertainty
CMA CGM posted solid results in 2024, driven by rising demand for containership shipping, and by its strategic investments.
Geopolitical tension, however, posed challenges for global supply chains. Following market normalisation in 2023, 2024 saw increased trade activity. The Red Sea crisis forced rerouting via the Cape of Good Hope, reducing capacity and raising costs.
CMA CGM responded with flexible fleet management and logistics efficiency. The group expanded its low-carbon fleet, adding twelve LNG-powered vessels, and secured port infrastructure investments, including a 48% stake in Santos Brasil.
Logistics grew with the acquisition of Bolloré Logistics, boosting Ceva Logistics into the global top five.
Full-year revenues rose 18% to USD 55.5 billion, with an ebitda margin of 24.2%. Looking ahead, CMA CGM remains cautious yet confident amid economic and geopolitical uncertainties in 2025. (ah)