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Операционные результаты за 2010 год

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angle-left null Операционные результаты за 2010 год

TransContainer" announces its preliminary operating results for the fourth quarter of 2010 and for the full year 2010.

RNS Number : 7620Z
OJSC Transcontainer
20 January 2011
 

TRANSCONTAINER OPERATING RESULTS
FOR THE FOURTH QUARTER OF 2010 AND THE FULL YEAR 2010
 
Open Joint Stock Company "TransContainer" ("TransContainer" or the "Company") (LSE:TRCN) announces its preliminary  operating results for the fourth quarter of 2010 and for the full year 2010.
 
The results show a continuing improvement in key operational metrics, reflecting both the overall market recovery and the Company's focus on restoring profitability.
 
Rail container transportation volumes
 
The Company's rail container transportation volumes for the fourth quarter of 2010 increased by 23.1% to 333 thousand twenty-foot equivalent units ("TEU") compared to the fourth quarter of 2009, mainly due to an increase in import transportation by 32 thousand TEU, or 132.7%, to 56 thousand TEU. 
 
Domestic transportation for the same period increased by 6.6% to 197 thousand TEU compared to the fourth quarter of 2009. 
 
Transportation of containers by TransContainer's fleet in 4Q 2010 (ISO Loaded + Empty), 000' TEU
 
 4q 2009 4q 2010       Change
   000' TEU %
Domestic Routes 185 197 12 6.6%
Export 56 72 16 29.0%
Import 24 56 32 132.7%
Transit 5 8 3 44.3%
All Routes 270 333 63 23.1%
 
Rail container transportation volumes for the full year 2010 increased by 9.5% to 1,202 thousand TEU compared to the year ended December 31, 2009, mainly due to an increase in import transportation by 94 thousand TEU, or 98.6%, to 190 thousand TEU. 
Domestic transportation in 2010 declined by 3.6% to 719 thousand TEU compared to the previous year, reflecting a shift in Company's policy in the first half of 2010 aimed at focusing on more profitable routes, in line with its efficiency improvement policy. 
Transportation of containers by TransContainer's fleet in 2010 (ISO Loaded + Empty), 000' TEU
 2009 2010       Change
   000' TEU %
Domestic Routes 746 719 (27) (3.6)%
Export 237 264 27 11.3%
Import 96 190 94 98.6%
Transit 19 29 10 52.3%
All Routes 1,098 1,202 104 9.5%
 
As a result of the above, in 2010 import transportation represented 15.8% of TransContainer's transportation volumes compared to 8.7% one year ago, while the share of domestic transportation decreased from 67.9% in 2009 to 59.8% in 2010.
 
Terminal handling
 
Throughput of the Company's rail container terminal network for the fourth quarter of 2010 amounted to 433 thousand TEU, an increase of 48 thousand TEU, or 12.5%, compared to 385 thousand TEU in the fourth quarter of 2009. 
 
For the full year 2010, the Company's terminal-handling volumes amounted to 1,599 thousand TEU, representing an increase of 139 thousand TEU, or 9.5%, compared to 2009.
 
Asset utilisation
 
The Company's key asset utilisation metrics showed significant improvement in the fourth quarter of 2010 and for the full year 2010:
 
 4q 2009 4q 2010 2009 2010
Turnover of containers, days 30.9 21.3 27.7 21.8
Turnover of flatcars, days 14.9 13.4 15.7 14.2
    
Empty run* for containers 41.9% 36.9% 41.4% 39.1%
Empty run* for flatcars 7.6% 7.7% 8.0% 8.8%
    
* Empty run ratio is calculated as an average empty run in kilometers divided by an average total run in kilometers
 
20 January 2011
 
 
For further enquiries:
 
Andrey Zhemchugov
 
Director, Capital Markets and Investor Relations
 
Phone: +7 (499) 262 8506, e-mail: ir(at)trcont.ru
 
 
Simon Whitehead, Tony Friend
 
College Hill
 
+44 (0) 207 457 2020

This information is provided by RNS
The company news service from the London Stock Exchange