Independent journal on economy and transport policy
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Not tramuta in order the letter of attempts signed from VARD for a new cruise ship for shipments
the shipbuilding society has closed the second trimester a net loss of -69 million Norwegian crowns
July 25, 2017
The letter of attempts signed at the beginning of this year from shipbuilding society VARD of the navalmeccanico group Italian Fincantieri for the planning and construction of a cruise ship for shipments has not been transformed in order ( on 17 January 2017). The store clerk must have had a value of about 110 million euros, but the preliminary understanding has arrived to expiration without the parts have found an agreement in order to reach the signature of the contract.
While VARD has closed the second trimester of this year having recorded new orders for a value of 1,60 billion Norwegian crowns (171 million euros), with a bending of the -74% regarding 6,22 billion Norwegian crowns in the correspondent period of 2016. The trimester April-june of 2017 has been archived item with revenues pairs to 2,13 billion Norwegian crowns (- 4%), with an EBITDA of 60 million Norwegian crowns (+445%), with an operating profit of sign negative and pairs to -4 million Norwegian crowns respect to an operating result negative for -78 million Norwegian crowns in according to trimester of the 2016 and with a net loss of -69 million Norwegian crowns respect to a net loss of -67 million Norwegian crowns in according to trimester last year.
In entire the first semester of the 2017 revenues pairs to 3,90 billion Norwegian crowns have turned out, with a decrease of the -8% on the first half last year. The EBITDA has marked an increase of +47% having attested itself to 100 million Norwegian crowns. The operating result has been of sign negative for -23 million Norwegian crowns respect to operating liabilities of -83 million Norwegian crowns in the first six months of 2016. The first semiannual one of 2017 has been archived item with a net loss of -96 million Norwegian crowns respect to a net loss of -24 million Norwegian crowns in the first half of 2016.
In the first six months of this year VARD it has confiscated new orders for a total of 3,48 billion Norwegian crowns (- 49%) and the value of the orderbook on 30 June has been attested 12,87 billion to Norwegian crowns, in increase of +8% regarding 11,93 billion Norwegian crowns on June 30, 2016.
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The letter of attempts signed at the beginning of this year from shipbuilding society VARD of the navalmeccanico group Italian Fincantieri for the planning and construction of a cruise ship for shipments has not been transformed in order 
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
