Independent journal on economy and transport policy
21:49 GMT+1
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Royal Caribbean down records turned out quarterly because of reductions of the value of the brand and the ships of Pullmantur
Revenues and number of fleeting records
October 23, 2015
In the period July-september of this year the American crocieristico group Royal Caribbean Cruises has recorded revenues record pairs to beyond 2,5 billion dollars, with an increment of +5.6% regarding less than 2,4 billion dollars in the correspondent period of 2014. The operating profit has shown a decrease of the -51,3% attesting itself to 258,0 million dollars and the profit clearly is diminished of the -53,3% to 228,8 million dollars.
The bending of the economic results is determined by the effect of a value reduction pairs to 399,3 million dollars of the assets of the company of Pullmantur navigation, that it is the Spanish brand of the group American. Royal Caribbean Cruises has explained that "in the last trimesters management has taken note of the weakness of the economies of the Latin America and the impact of such weakness on Pullmantur. Unfortunately - it has specified the group - the economic forecasts in Latin America ulteriorly are deteriotated in recent months and, therefore, the brand is newly focusing the attention on its main market that is Spain. These factors have induced the company to record 399,3 million dollars of costs not cash for value reduction that regard mainly the starter, the brand and the commercial name and a reduction of the cargo value of some ships of the fleet of Pullmantur".
The rifocalizzazione of the activity of Pullmantur on the Spanish market will among other things involve the return the next summer in Spain of the Monarch cruise ship after to have completed the programmed crocieristici routes in the Caribbean. Pullmantur has confirmed that the company will continue to being present in Latin America in the course of the period of peak season, but that it will place more attention on the markets Spanish and French, this last one through the activity of the brand Croisières de France, that they are essential for the increase.
"The rightsizing of the fleet of Pullmantur - the managing director of Royal Caribbean Cruises has commented chairman and, Richard Fain - an improvement of the balance between supply and demand for the brand in the Spanish market will allow. These variations would have to place Pullmantur on the road of a greater future success".
Royal Caribbean Cruises has evidenced that the economic result clearly of the third trimester of the 2015 with the exclusion of the effect negative of these reductions of value piles to 628,1 million dollars regarding 492,9 million dollars in the same period last year.
In the period July-september of this year Royal Caribbean Cruises has recorded another relative record to the number of passengers accommodated on the ships of the group American who has been of 1,4 million unit (+5.9% on third trimester 2014).
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