Independent journal on economy and transport policy
15:03 GMT+1
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Horizon Lines closes the first semester with a net loss of 78,6 million dollars
The revenues are increased of 8.1% to 534,3 million dollars
August 17, 2012
In the first semester of this year the company of American navigation Horizon Lines has recorded a net loss of 78,6 million dollars on revenues for 534,3 million dollars respect to a net loss of 39,5 million dollars on revenues for 494,4 million dollars in the first half of 2011. The operating result has been negative for 5,0 million dollars respect to positive result for 8,8 million dollars in the first six months last year. The relative data to the 2011 are to clearly of the stopped operating activities, that is those relative to the transpacifico service Five Stars Express (FSX) which suppressed from the company last year ( on 26 October 2011).
In according to trimester of the 2012 revenues they are aumentat1 of 6.8% to 270,9 million dollars regarding 253,7 million dollars in the period April-june last year. The operating result has been positive for 1,0 million dollars respect to an operating profit of 19,0 million dollars in according to trimester of 2011. Horizon Lines has closed the second trimester of this year with a net loss of 46,1 million dollars respect to a net loss of 5,4 million dollars in the correspondent period of 2011.
Horizon Line has announced to have totaled in according to trimester of this year increment of 3.6% of the transported containerized volumes from own fleet.
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In the first semester of this year the company of American navigation Horizon Lines has recorded a net loss of 78,6 million dollars on revenues for 534,3 million dollars respect to a net loss of 39,5 million dollars on revenues for 494,4 million dollars in the first half of 2011. The operating result has been negative for 5,0 million dollars respect to positive result for 8,8 million dollars in the first six months last year. The relative data to the 2011 are to clearly of the stopped operating activities, that is those relative to the transpacifico service Five Stars Express (FSX) which suppressed from the company last year 
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
