Independent journal on economy and transport policy
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Bending of the economic results of the crocieristico group in the quarter summery Carnival
the period june-August has been archived item with a profit clearly of 934 million dollars (- 30%)
September 24, 2013
In the third trimester of fiscal year 2013, period that is finished 31st August, the crocieristico group American Carnival Corporation, against an light increment of the revenues and the number of passengers accommodated on the ships of the fleet, has recorded an emphasized decrease of the economic results archiviando the quarterly budget with a profit clearly of 934 million dollars, with a decrease of 30% respect to beyond 1,3 billion dollars in the period june-August last year.
The revenues are piled altogether more than 4,7 billion dollars, with an increase of 1% on the third trimester of exercise 2012. The costs are increased of 11% attesting almost 3,8 billion dollars. Almost all the items of expenditure quickly have an increment between which that relative one to burdens for the fleet gone up from 534 to 769 million dollars that they include 176 million determined from the reduction of the value of two of the smallest ships of the fleet of the Costa Crociere branch. The operating profit is piled to 951 million dollars, with a contraction of 27% regarding 1,3 billion dollars in the third trimester of exercise 2012.
In the period june-August of this year the fleet of the group has transported altogether 2,9 million passengers, with an increase of 2.7% on the correspondent trimester of 2012.
In the first nine months of the exercise 2013 (period December 2012 - August 2013) the revenues of the group American has remained stable to 11,8 billion dollars and the costs have grown of 2% regarding the same period of the exercise precedence attesting itself to beyond 10,5 billion dollars. The operating profit is dropped of 15% to 1,2 billion dollars and the profit clearly is diminished of 16% to 1,0 billion dollars. In the nine months the Carnival fleet has accommodated a total of beyond 7,5 million passengers (+2%).
Commenting the results achieved from the group in the third trimester of the exercise the 2013 new managing director of Carnival Corporation, Arnold Donald, that he is subentrato in the charge to Micky Arison at the beginning of July, has emphasized that the main objective of the expansion of the international activity of the group is Asia: "in the course of the third trimester - it has specified - we have opened five other trade commissions in China that follow the institution in the months corporate precedence of an office to Singapore". Donald has remembered moreover that recently the branch Princess Cruises has established to place the Sapphire Princess cruise ship in China for a period of four months with beginning to May 2014, decision that will carry the next year a total of five the ships of the group in the region.
Carnival has announced that currently the level of the reservations for the cruises that will be carried out in last part of exercise 2013 and in the first half of the next exercise is inferior to that last year and that the prices of the cruises instead turn out to be stable.
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