TW: Italian media reveals staggering size of MSC’s profit - News Summed Up

TW: Italian media reveals staggering size of MSC’s profit


By LoadstarEditorial 12/10/2023TRADEWINDS reports:Gianluigi Aponte’s MSC Group has — perhaps inadvertently — revealed its financial performance for the first time. The holding company of the world’s largest liner company reportedly made €36.2bn ($38.4bn) in profits last year. The number has been widely published by Italian media outlets after MSC announced the purchase of around half of high-speed Italian train operator Italo. Turnover of the MSC Group was €86.4bn in 2022, according to Il Messaggero, which first reported the accounts. Medium to long-term debt is put at €26bn…The full story can be found here.


Source: The North Africa Journal October 12, 2023 21:14 UTC



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