Independent journal on economy and transport policy
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Bending of the economic results of the crocieristica division of German group TUI
In the last trimester of 2012 recorded an increment of 28.4% of the revenues
February 15, 2013
In the first trimester of fiscal year 2012-13, that it is finished 31st December, the crocieristica division of German group TUI, that 50:50 TUI Cruises participated from TUI and the crocieristico group is constituted by the branch Hapag- Lloyd Kreuzfahrten and joint venture American Royal Caribbean Cruises, has recorded revenues for 51,5 million euros, with a consisting increase of 28.4% regarding 40,1 million euros in the period October-December of 2011. The increase is determined by the increment of the ability to the fleet generated from the employment of the cruise ship Columbus 2 that has replaced the smallest Columbus in service in the course of the first trimester of exercise 2011-12. The operating result has been of sign negative for -11,2 million euros respect to liabilities of 8,1 million euros in the first trimester of exercise 2011-12. The Gross Operating Margin has been pairs to -8,8 million euros regarding -5,9 million euros in the period October-December of 2011. Group TUI has specified that the bending of the results is determined mainly by the costs of start-up for the new ship Europe 2 of the Hapag- Lloyd Kreuzfahrten, than the company will take at the end in delivery of the next April in order on 25 May to carry out the maiden voyage from Amburgo to Lisbon from the 11.
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