Fewer benefits for CMA CGM. In the third quarter of 2025, the Marseille shipowner saw its net profit fall by 72% compared to the same period in 2024, to 749 million dollars (645 million euros). Turnover shrank by 11.3%, rising from 15.8 billion dollars in 2024 to 14 billion in 2025. The main profitability criterion, ebitda (earnings before interest, taxes, depreciation and amortization) fell by more than 40.5% to 2.2 billion dollars.
This group, which is accelerating the diversification of its activities beyond just freight transport, is still highly dependent on this sector. Of the turnover of 14 billion dollars, 4.6 billion came from logistics activities in which CMA CGM has invested heavily since 2019. And 9 billion came from these activities. delivery (“maritime transport”), which generated an ebitda of 2.2 billion dollars. An activity that is not subject to corporate tax, but is subject to tonnage tax at a flat rate.
This year was marked by intense geopolitical tensions in the Middle East and, even more so, trade tensions between the United States and China. This had a major impact on goods traffic between the two countries, which practically came to a standstill for three weeks in April, after American President Donald Trump announced import duties on Chinese goods.
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