Independent journal on economy and transport policy
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The ships of the Carnival group embark an increasing number of passengers, but the revenues drop
Arison: a rise of the prices of the cruises is possible beginning from according to trimester of 2013
September 25, 2012
In the third trimester of fiscal year 2012, period that has been concluded 31st August, against an increment of 4.8% of the number of passengers accommodated on the cruise ships of own fleet the group Carnival Corporation & plc it has recorded a bending of 7.4% of the revenues. In the period june-August of this year the ships of the group have in fact boarded 2,8 million crocieristi regarding 2,7 million in the correspondent period of 2011 and the trimester has been archived item with revenues for 4,68 billion dollars regarding 5,06 billion dollars in the third trimester of fiscal year 2011. The operating profit has recorded a decrease of 9.6% having attested itself to 1,29 billion dollars and the profit clearly is diminished of 0.5% totaling 1,33 billion dollars regarding 1,34 billion dollars in the period june-August last year.
In the period November 2011 - August 2012 the group has recorded revenues for 11,80 billion dollars, down of 2.4% regarding 12,10 billion dollars in the first three trimesters of financial year 2011. The operating profit is piled to 1,47 billion dollars (- 24.7%) and the profit clearly to 1,20 billion dollars (- 28.9%). In the period November 2011 - August 2012 the ships of the group have accommodated 7,4 million crocieristi (+2.9%).
Commenting the results achieved from the group in the third trimester of the exercise the 2012 president and managing director of Carnival, Micky Arison, have emphasized that "the remarkable efforts completed from management of our crocieristici marks have had succeeded in mitigating partially the decrease of the prices of the cruises". In the period, in fact, the single revenues deriving from the sale of the cruises have been pairs to 3,56 billion dollars, with a bending of 9% regarding the third trimester of 2011. "In the course of the trimester - it has continued Arison - the revenues of the sales on board of the ships (to constant dollar, excluded Costa Crociere) are increased of 3% (attesting itself to 965 million dollars, ndr). Management of our continuous brands to focus the attention on the control of the costs, what that has contributed to reduce of 3% the cost of the cruises (to constant dollar and with the exclusion of the fuel) and that it has reduced of 6% the fuel burnup on unitary base".
The Carnival group has announced that the level of the reservations for the remaining part of exercise 2012 and for the first half of exercise 2013, with exclusion of the Costa Crociere branch, is inferior regarding last year and that the prices of the cruises are light inferior. Carnival has specified that the reservations for the programmed cruises by Costa Crociere are increased, but the rate occupation of the ships of the company turns out still inferior of five points regarding last year and the prices of the cruises turn out lower. "The course of the reservations - Arison has commented - continues to being consisting and it allows us to continue to improve the occupation rate, while the level of the prices of the cruises is progressively increasing. Both these trends place to us at best in order beginning from to put into effect a rise of the prices of the cruises according to trimester of 2013".
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