Independent journal on economy and transport policy
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Louis records a drastic decrease of the revenues generated from the crocieristica activity
The first nine months of the 2012 have been archived item with a net loss of 8,5 million euros
November 23, 2012
The activity and the financial results of the shipowning group and hotel Louis Cypriot have the strong impact quickly negative of the economic and political crisis in Greece, that it has determined in the first nine months of this year a drastic decrease of the revenues recorded from the group in the crocieristico field, while the volume of transactions of the hotel branch has remained stable.
In the period January-september of the 2012 group has totaled revenues for 165,3 million euros, with a bending of 22.3% regarding 212,7 million euros in the same period last year. The operating profit is piled to 36,5 million euros (- 28.5%) and the period has been archived item with a net loss of 8,5 million euros respect to a net loss of 5,0 million euros in the first nine months of 2011 burdened from relative not recurrent burdens to the transaction with Cruises Star for 10,4 million euros.
For the entire exercise anniversary 2012 Louis previews an improvement of the result clearly, than but she will not reach to being of positive sign. The group has specified that such improvement has had to confronts with the results of the last trimester of 2011, on which weighs ulterior and meaningful not recurrent burdens.
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The activity and the financial results of the shipowning group and hotel Louis Cypriot have the strong impact quickly negative of the economic and political crisis in Greece, that it has determined in the first nine months of this year a drastic decrease of the revenues recorded from the group in the crocieristico field, while the volume of transactions of the hotel branch has remained stable.
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
