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            september 22, 2019

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Busworld 2019

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TransContainer announced H1 results


The total revenue of TransContainer, the leading intermodal container transportation company in Russia, for the six months of 2019 increased to RUB 41,472 million, up 17.4% year-on-year. Adjusted revenue  grew by 32.0% year-on-year to RUB 18,537 million, largely as a result of an 11.2% increase in revenue-generating  container transportation volumes. Adjusted operating expenses  for the first half of 2019 were up 11.0% year-on-year to RUB 11,104 million.
For the first six months of 2019, the company’s operating profit totaled RUB 7,942 million, while net profit grew to RUB 6,067 million, up 90.1% year-on-year.
As of 30 June 2019, the company’s assets stood at RUB 66,483 million; the total debt, primarily represented by two outstanding Rouble-denominated bond issues, amounted to RUB 11,828 million.
In the first half of 2019, container transportation volumes managed by TransContainer grew by 7.1% to 1,002 thousand TEU. At the same time the company's revenue-generating container transportation volumes in Russia increased by 11.2% year-on-year to 804 thousand TEU. Higher growth rate of revenue-generating container transportation volumes as compared to transportation volumes managed by the company, was mainly due to the empty run optimisation.

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