Independent journal on economy and transport policy
07:33 GMT+1
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In the first trimester of the 2010 revenues of Minoan Lines they have grown of 19.4%
The period has been archived item with a net loss of 10,5 million euros
May 30, 2011
The company of Greek navigation Minoan Lines, that it is controlled by the Neapolitan shipowning group Grimaldi, has announced to have closed the first three months of this year with an increment of 19.4% of the revenues that have been attested to 34,5 million euros regarding 28,9 million euros in the first trimester of 2010. In recovery it is the operating profit (EBITDA) and the profit clearly, that they have been of value negative respective for -4,2 million euros (+47.6%) and -10,5 million euros (+14.9%).
In the first three months of the 2011 employed ships of the company on the routes between Greece and Italy they have transported 55,000 passengers (- 15% on first trimester 2010), 13,000 cars (+8%) and 21,000 trucks (+5%). The ships used on the Greek national routes have transported 148,000 passengers (- 12%), 17,000 cars (- 10%) and 12,000 trucks (- 20%).
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The company of Greek navigation Minoan Lines, that it is controlled by the Neapolitan shipowning group Grimaldi, has announced to have closed the first three months of this year with an increment of 19.4% of the revenues that have been attested to 34,5 million euros regarding 28,9 million euros in the first trimester of 2010. In recovery it is the operating profit (EBITDA) and the profit clearly, that they have been of value negative respective for -4,2 million euros (+47.6%) and -10,5 million euros (+14.9%). 
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
