In the second quarter of the financial year 2011 ended on 31 May, the U.S. cruise group Carnival Corporation & plc has increased by 10.8% of revenues, which totaled 3.62 billion dollars against 3.267 billion dollars in quarter ended May 31, 2010.
Operating profit however fell by 20.1% to 279 million dollars compared to 349 million dollars in the second quarter of 2010. A decrease in net income also, which totaled $ 206 million (-18.3%).
"In the second quarter - said today the president and chief executive of Carnival, Micky Arison - the revenues of our North American brands were up 3%, while those of our brands in Europe, Australia and Asia were up slightly (to the dollar exchange rate constant), having suffered the effects of geopolitical events that occurred in the Middle East and North Africa as well as the nuclear disaster and the earthquake in Japan.The improvement in revenues was more than offset by higher fuel prices that has cost the company about $ 150 million, or $ 0.19 per share. "
In the first half of 2011, the Group revenues totaled 7.039 billion dollars, an increase of 9.2% over the first half of last year. Operating profit and net profit amounted to 514 million dollars respectively (-14.9%) and $ 358 million (-16.2%).
The group reported that the cruise for the rest of the 2011 cruise bookings are for a higher price than last year, particularly for North American brands of the group, while the employment rate is lower.
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