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 m illion . The main reason for these increases was higher volumes in the field s of RoRo , Container s and Dry Bulk .
In 2014 CMP ’ s turnover was SEK 763 m illion (71 5 ) , its operating profit was SEK 89 . 5 m illion (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 segment s 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 . N ew 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 transit oil 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 segment s . 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 B est Baltic C ruise D estination . The figures for cruise traffic were 20 . 9 m illion gross tonnes (23 . 1) and around 7 7 2 , 000 passengers (837, 000). Copenhagen’s new cruise terminal opened in the spring . Thanks to the invest ment, 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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