CMA CGM’s Second-Quarter Revenue Rose 19%
French shipping giant CMA CGM increased its profitability in the second quarter, supported by strong cargo demand, higher freight rates and resilient global trade.
CMA CGM, the world’s third-largest container shipping company, increased its revenue by 19.2% year-on-year to $15.7 billion in the second quarter, while EBITDA rose 31% to $3 billion. As a result, the company’s EBITDA margin reached 19%. Net income attributable to the Group increased to $770 million from $520 million in the same period last year.
The company’s maritime shipping operations made the largest contribution to its earnings. CMA CGM transported 6.33 million TEUs of containers during the quarter, recording 6% growth compared with the same period last year. Revenue from maritime shipping increased 22% to $10 billion, while EBITDA in this segment rose 42.4% to $2.26 billion. The EBITDA margin stood at 22.7%.
The company stated that strong consumer demand, inventory replenishment activities, front-loading of shipments ahead of new customs tariffs, and the resilience of global trade flows offset the operational challenges caused by conflicts in the Middle East.
Rodolphe Saadé, Chairman and Chief Executive Officer (CEO) of CMA CGM, said, “Despite the ongoing geopolitical instability, the Group achieved solid results in the second quarter of 2026, thanks to the performance of our maritime shipping activities, the growth of our terminal and air cargo businesses, and the complementary strength of our logistics operations.”
Saadé added, “This performance reflects our strategy of pursuing growth in key markets and investing in strategic assets. It also once again demonstrates the strength, agility and resilience of our business model, supporting our objective of providing our customers with reliable and high-quality services.”
The company acknowledged that conflicts in the Middle East increased operating costs due to higher insurance premiums, vessel delays and lower cargo volumes on services calling at the region. However, the company stated that these negative impacts were more than offset by higher freight rates and the flexibility provided by its global network. CMA CGM also announced that it continues to use alternative multimodal transport corridors to maintain supply chains serving the Gulf countries.
The company also warned that uncertainties surrounding the outlook for the coming period remain high.
