Independent journal on economy and transport policy
06:47 GMT+1
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the crocieristico group and hotel Louis reduces the losses
In the first half of this year the revenues are increased of +12.5%
August 27, 2014
In the first semester of the 2014 crocieristico group and hotel Cypriot Louis PLC has recorded an sensitive improvement of the economic results. Such progression - it has explained the group - reflects not only the constant development of tourism to Cyprus, but above all in Greece, but also the produced positive results from the adopted strategy are in the hotel field by Louis Hotel who in that crocieristico by Louis Cruise Lines, between which the continuous improvement and renewal of hotel and ships.
In the first half of this year the revenues of the group are increased of +12.5% attesting itself altogether to 90,6 million euros regarding 80,5 million euros in the first six months of 2013. The increase is determined is from the increase of the revenues for about 6,8 million euros in the segment of cruises (+12.7%) is from the increase for 3,2 million euros recorded in hotel section (+12.0%).
The operating result of the Louis group has been of sign negative for -1,1 million euros respect to operating liabilities of -4,1 million euros in the first semester last year. Louis PLC has closed the first six months of the 2014 with a net loss of -11,4 million euros respect to a net loss of -20,5 million euros in the correspondent period of 2013.
The Cypriot group previews to record the entire exercise anniversary 2014 with a meaningful reduction of the losses regarding 2013 (- 29,5 million euros).
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In the first semester of the 2014 crocieristico group and hotel Cypriot Louis PLC has recorded an sensitive improvement of the economic results. Such progression - it has explained the group - reflects not only the constant development of tourism to Cyprus, but above all in Greece, but also the produced positive results from the adopted strategy are in the hotel field by Louis Hotel who in that crocieristico by Louis Cruise Lines, between which the continuous improvement and renewal of hotel and ships. 
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
