CMP presents its annual report for 2010

CMP’s annual report for 2010 is published today. Click on the link below to access the presentation. In addition to financial information, the report includes presentations of CMP’s business areas as well as news concerning the Group’s work on environmental, quality assurance and CSR issues.

 In his message for 2010, CEO Johan Röstin states that:

 “For 2010 CMP reports a profit of SEK 116 million (128) on sales of SEK 675 million (733). This is an acceptable result in view of the weak market activity in the Baltic Sea region as well as internationally.”

 Although earnings are down from last year, Johan Röstin points a number of clear turning-points in several of CMP’s business areas:

 “Perhaps the clearest example of this is car transports, where volumes grew by almost 60 per cent on 2009. Liquid bulk volumes also expanded, and our oil handling operation in Malmö even recorded an all-time high in 2010. Last, but not least I would like to highlight our combi traffic operation, where goods arrive by rail, which is growing rapidly for the second year in a row. The number of units has soared, from 12,000 in 2009 to an impressive 55,000 in 2010.”

 Investments in infrastructure

 The annual report also describes the ongoing construction of the Northern Harbour in Malmö and the work on the new cruise ship quay in Copenhagen. The quay, which is scheduled to be ready in time for the 2013 season, will be both larger and more modern than today’s facilities, and will pave the way for continued expansion. CMP’s largest investment is the Northern Harbour in Malmö, where the building of three new freight terminals proceeded according to plan in 2010. Johan Röstin emphasises the opportunities that this project will create:

 “This development is a joint project with the City of Malmö and support from the EU. The Northern Harbour will quintuple our goods capacity in Malmö, as new RoRo, container and combi terminals are taken into use in 2011.”

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