Independent journal on economy and transport policy
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Decided decrease of the volume of transactions of the crocieristico group and hotel Louis Cypriot
In the first half of this year a net loss of 26,6 million euros is recorded
September 4, 2012
In the first semester of the 2012 crocieristico group and hotel Louis Cypriot has recorded a strong contraction of the revenues that have been attested to 75,4 million euros, down of 28.1% regarding 104,9 million euros in the first half last year. Such bending is mainly caused by the reduction of 39% of the volume of transactions of the branch crocieristica Louis Cruises who for almost the totality of the period has used a single ship regarding three ships employed in the first semester of 2011 and that he has the impact quickly negative of the Greek economic crisis that has determined a contraction of the question of cruises in departure from the Pireo. The revenues of the branch hotel Louis Hotels have remained instead to the same level of the first half last year.
In decided decrease also the operating costs, that they are piled to 71,2 million euros (- 24.4%). The operating result and the result clearly have been negatives respective for 13,3 million and 26,6 million euros against results negatives for 9,1 million and 28,9 million euros in the first six months of 2011.
To the current state the Louis group previews to clearly close the entire exercise 2012 with an sensitive improvement of the result regarding the exercise precedence, which they weighed on meaningful not recurrent burdens, than however will not be of positive sign.
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
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Editor in chief: Bruno Bellio No part may be reproduced without the express permission of the publisher
In the first semester of the 2012 crocieristico group and hotel Louis Cypriot has recorded a strong contraction of the revenues that have been attested to 75,4 million euros, down of 28.1% regarding 104,9 million euros in the first half last year. Such bending is mainly caused by the reduction of 39% of the volume of transactions of the branch crocieristica Louis Cruises who for almost the totality of the period has used a single ship regarding three ships employed in the first semester of 2011 and that he has the impact quickly negative of the Greek economic crisis that has determined a contraction of the question of cruises in departure from the Pireo. The revenues of the branch hotel Louis Hotels have remained instead to the same level of the first half last year.
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
