CMA CGM revenues hold steady; profits edge lower in Q2 2025

The CMA CGM Group has reported a stable financial performance for the second quarter of 2025, with revenues holding steady compared to the previous year despite a slight dip in profitability. The French shipping and logistics company navigated a challenging market marked by geopolitical instability and trade tensions, crediting the "resilience" of its diversified business model to help offset a slowdown in its core maritime activities.

For the three months ending June 30, the group posted revenues of $13.2 billion, which was in line with the same period in 2024. However, earnings before interest, tax, depreciation, and amortisation (EBITDA) fell by 7.9 per cent to $2.3 billion, indicating a rise in the company's overall outgoings.

The group’s performance was varied across its divisions.

The maritime shipping segment saw its revenue decline by 1.5 per cent to $8.2 billion, with its EBITDA falling by almost 20 per cent to $1.6 billion. In contrast, the logistics division delivered an improved EBITDA margin on revenues of $4.6 billion.

The company's other activities, which include port terminals, saw a significant 62.7 per cent jump in revenue to $1 billion, driven by the integration of the Brazilian terminal operator Santos Brasil.

Rodolphe Saadé, Chairman and Chief Executive Officer, commented on the results, stating, “In a context marked by persistent geopolitical tensions and renewed trade uncertainties, our group is delivering a stable performance, driven by the resilience of its maritime activities.” He added that the results, “also highlight the relevance of our diversification strategy across terminals, logistics and air freight.”

Looking ahead, the company said it remains "cautious in an uncertain environment," noting that macroeconomic uncertainties and the implementation of new customs duties could increase market volatility.