Positive logistics Bolloré's result

Par thierno - 4 August, 2020 - 15:41

174 million in the first half of the year, benefiting from Vivendi's good results, but also from its logistics activities.

On the other hand, revenues were down slightly, by 1% to 11.61 billion euros. 11.61 billion. This was mainly due to a sharp drop in sales in the oil logistics branch, which was largely affected by the fall in oil prices.

The group's main activity excluding Vivendi, Logistics and Transport posted a 4% decline in revenues, but with a 6% increase in Bolloré Logistics, driven by air freight, particularly protective equipment at the height of the crisis in Europe.

Conversely, Bolloré Africa Logistics is down 13% due to the loss of the concession for the Cameroonian port of Douala at the end of 2019, although other African ports are still growing, the group points out.

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