Independent journal on economy and transport policy
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In the first trimester of the exercise 2017 Carnival has recorded an increase of +148% of the result clearly
Operating profit -15%. Increase of +59% of the cost of the fuel
March 28, 2017
The crocieristico group American Carnival Corporation has archived item the first trimester of exercise 2017, period that is finished 28th February, with a profit clearly of 352 million dollars, with an increment of +148% regarding 142 million dollars in the first trimester of the fiscal year precedence. The revenues have been attested to 3,79 billion dollars (+4%) and the operating profit has been pairs to 368 million dollars, with a decrease of the -15% on the December-February period of exercise 2016.
On the results recorded in the first trimester of exercise 2017 the variation of the cost of the fuel has had an sensitive impact, than in the period it is piled to 297 million dollars, with an increase of +59% regarding 187 million dollars in the correspondent period of the exercise precedence, let alone the proceeds for 27 million dollars from contracts derivative on fuel recorded in the first three months of the fiscal year current regarding correspondents burdens for -236 million dollars in the first trimester of exercise 2016.
The president and managing director of Carnival Corporation, Arnold Donald, have specified that the rise of the results is produced mainly by an increase of the question, in particular relatively to the cruises in the Caribbean, and that the increase of the prices of the cruises regarding last year has allowed to balance the impact negative is of the increment of the cost of the fuel that of the effect of the monetary changes.
In the period December 2016 - February 2017 the cruise ships of the group American have accommodated altogether almost 2,8 million passengers, with an increase of +8% on the period December 2015 - February 2016.
Carnival has emphasized that the levels of the reservations and the prices for the cruises that will be carried out in the remaining part of exercise 2017 considerably turn out advanced to those last year.
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