Improved result for Copenhagen Malmö Port
In 2014 Copenhagen Malmö Port (CMP) increased its turnover by 7%. Its operating profit also improved, reaching SEK 89.5 million. The main reason for these increases was higher volumes in the fields of RoRo, Containers and Dry Bulk.
In 2014 CMP’s turnover was SEK 763 million (715), its operating profit was SEK 89.5 million(86.7) and its operating margin was 11.7% (12.1%).
“It is marvellous that CMP was able to improve both its turnover and its result in 2014, especially as we increased our volumes in several of our business segments during this same period,” says Johan Röstin, CMP’s CEO.
The RoRo traffic volumes were about 10% higher than in 2013, and were made up of around 279,000 units. It was the third year of increased RoRo goods volumes in succession. Handling of new cars decreased to 357,000 vehicles. New collaborations were at the same time established within this area, e.g. with Ford. Liquid Bulk volumes were lower than in 2013, mainly because of decreased transitoil volumes. Container handling increased to around 149,000 units. Dry Bulk volumes also increased in 2014, with CMP benefiting from among others the ongoing expansion of Copenhagen Metro.
“It is important to us that we are working in several different business segments. This spreads the risk, and means that CMP can increase its volumes even during periods of relatively weak demand,” says Johan Röstin.
In 2014 Copenhagen was named Best Baltic Cruise Destination. The figures for cruise traffic were 20.9 million gross tonnes (23.1) and around 772,000 passengers (837,000). Copenhagen’s new cruise terminal opened in the spring. Thanks to the investment, CMP offers a state-of-the-art and even more environmentally friendly cruise service. This investment has also secured Copenhagen’s position as northern Europe’s foremost cruise destination.
Johan Röstin, CEO of Copenhagen Malmö Port AB,
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