Independent journal on economy and transport policy
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In the fourth trimester of 2012 Royal Caribbean Cruises has accused a net loss of 393 million dollars
turned out Sul hung a reduction of the value of the assets of the Pullmantur branch for 385 million dollars. Fain: we continue to having confidence in the Spanish brand
February 4, 2013
In the last trimester of the 2012 American crocieristico group Royal Caribbean Cruises it has recorded a having consisted net loss that is piled to -392,8 million dollars respect to a profit clearly of 36,6 million dollars in the correspondent period of 2011. The quarterly result of 2012 includes a loss for reduction of the value of assets of the branch Spanish Pullmantur the pairs to 385,4 million dollars. The group has explained that it leads on regular base an analysis of the book value of own assets and that in the past the risks connected with Pullmantur and the situation of the economy of Spain are evidenced, market that has recorded a reduction of the reservations and the prices of the cruises because of the ulterior measures of austerities assumed in the nations Iberian, of the persistent impact of the shipwreck of Costa Concordia and other factors. Royal Caribbean Cruises has specified to have consequently recorded a impairment charge total of 413,9 million dollars. "If on one side it has been opportune to record this loss of value now - it has emphasized the president and managing director of the American group, Richard D. Fain - we continue to having confidence and we maintain our engagement regarding the Pullmantur brand. In spite of the terrible economic turbulences that they have returned various years difficult - it has added - the managerial team of Pullmantur has completed an excellent job in maintaining the position of leader of the market of the brand and meanwhile in diversifying the origin from new markets of the customers".
The revenues totaled in the last trimester of 2012 from the group are increased of 1.7% attesting itself to 1.806, 1 million dollars and the operating result have been of sign negative and pairs to -281,3 million dollars respect to an operating profit of 106,2 million dollars in the period October-December of 2011. In the fourth trimester last year the accommodated passengers on board of the ships of the fleet of the group American are piled to beyond 1,1 million unit, down of 4.8% regarding 1,2 million in the same period of 2011.
Royal Caribbean Cruises has archived item the entire exercise clearly anniversary 2012 with a profit of 18,3 million dollars, down of 97.0% regarding 607,4 million dollars in 2011. The revenues are increased of 2.0% to 7.688, 0 million dollars and the operating profit is piled to 403,1 million dollars (- 56.7%). In the 2012 fleet of the group it has transported beyond altogether 4,8 million passengers, an analogous number to that of the year precedence.
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