Independent journal on economy and transport policy
11:46 GMT+1
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In according to trimester of the exercise the 2016 profit clearly of the Carnival group it is gone up of +172%
Revenues in increase of +3%
June 28, 2016
The crocieristico group American Carnival Corporation has concluded the second trimester of fiscal year 2016, period that is finished 31st May, with a profit clearly of 605 million dollars, with an increment of +172% regarding 222 million dollars in according to trimester of exercise 2015.
The revenues have grown of +3% attesting itself to 3,7 billion dollars. The costs have recorded a decrease of the -2% coming down to 3,2 billion dollars and the operating profit is piled to 478 million dollars, in increase of +65% on the period February-May of 2015.
In according to trimester of the exercise the 2016 fleet of the group it has accommodated almost 2,8 million passengers (+7%).
In the first semester of the exercise the 2016 American group has totaled a profit clearly of 747 million dollars on revenues for beyond 7,3 billion dollars, with progressions respective of +176% and +3% on the first six months of the exercise precedence. The operating profit has been pairs to 912 million dollars (+64%). In the period the fleet of cruise ships of the group has transported 5,3 million passengers (+5%).
Carnival considers that entire exercise 2016 will record a remarkable increase of the economic performances: "this - it has emphasized the president and managing director of the group, Arnold Donald - is preannounced to be another shining year for our company since we preview an increase of the profits advanced to 20% and that we are approaching to a profit of the invested capital pairs to 9%. We have accelerated the step towards the attainment of the objective of a yield to double figure and have accelerated the distribution of dividends to the shareholders. Recently - Donald has remembered - we have raised the dividend of 17% to beyond a annual billion of dollars. From October - it has added - we have repurchased sets in action for about 1,9 billion dollars in the within of our program of I buy back of actions. Yesterday our board of directors has deliberated the authorization to our third party buys back of actions for a billion of dollars to demonstration of the confidence in our perspectives and strengthening our engagement to create value for the shareholders".
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The crocieristico group American Carnival Corporation has concluded the second trimester of fiscal year 2016, period that is finished 31st May, with a profit clearly of 605 million dollars, with an increment of +172% regarding 222 million dollars in according to trimester of exercise 2015.
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
