Ceva's revenue wanes in first report under new CEO

Currency fluctuations and macroeconomic challenges pressure revenue at Ceva Logistics, which is about to be fully owned by liner company CMA CGM. New CEO Nicolas Sartini will generate top line growth, says financial report.
Photo: Ceva Logistics
Photo: Ceva Logistics

Ceva Logistics Chief Executive Nicolas Sartini, newly appointed in June, has started a company turnaround that is in full swing. Among other things, he is to ensure top line growth and implement considerable changes to the company's structure, Ceva writes in its interim report for the first half of 2019, which shows a decline in revenue.

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