BOLLORE REPORTS IMPROVED RESULTS FROM SHIPPING
France’s Bollore group, the parent company of Delmas and O T Africa Line, said that its transport arm had improved results for the first six months of the year.
The improvement was due to “better market shares and, in the last two months, better freight rates,” a spokesman for the group said.
Group operating profit increased by 61 percent, to 419 million francs ($59 million), compared to the first six months of 1999.
The Bollore group did not spell out the results for its transport arm.