Independent journal on economy and transport policy
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In the 2015 Minoan Lines it has recorded an improvement of the economic results against a decrease of the activity of the fleet
the participation of the company in Hellenic Seaways is gone up to 44%
March 23, 2016
In the 2015 company of Greek navigation Minoan Lines of the Neapolitan shipowning group Grimaldi it has recorded an improvement of the economic results against a reduction of the number of passengers and transported private and commercial motor vehicles from the ships of the fleet.
The Minoan group has concluded exercise 2015 with revenues pairs to 172,4 million euros, in increase of +2.5% regarding 168,2 million euros in the exercise precedence. The costs are diminished of the -12,6% coming down altogether to 125,8 million euros and the EBITDA has been attested to 36,0 million euros, with a +78.9% regarding 20,2 million euros in 2014. The profit after the taxes has been pairs to 17,7 million euros regarding 79 thousand euros in 2014.
The Greek company has specified that the positive performances financial institutions of the 2015 are widely attributable to the reduction of the cost of the fuel, to the decrease of the expenses financial institutions and to the increase of the revenues.
Last year the ferries of Minoan Lines have transported a total of beyond 1,1 million passengers, with a bending of the -8% about on 2014. Moreover the fleet has transported 184 thousand private cars (- 7%) and 134 thousand truck (- 2%). On the single route between Greece and Italy that scale the ports of Patrasso, Igoumenitsa, Ancona and Trieste the ships of the Greek company have transported 406 thousand passengers (- 6%), 94 thousand private cars (- 7%) and 77 trucks (- 6%), while on the national route Greek Pireo-Heraklion passengers are transported 707 thousand (- 9%), 90 thousand private cars (- 7%) and 57 thousand truck (+4%).
In the course of the 2015 Minoan Lines it has gradually acquired share quotas the compatriot Hellenic Seaways (HSW), of which it has recently confirmed the intention to obtain the majority of the capital ( on 18 February 2016). 17th March the participation of Minoan in HSW was gone up to 44.0%.
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In the 2015 company of Greek navigation Minoan Lines of the Neapolitan shipowning group Grimaldi it has recorded an improvement of the economic results against a reduction of the number of passengers and transported private and commercial motor vehicles from the ships of the fleet.
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
