Independent journal on economy and transport policy
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In the 2017 revenues from the activities currents of Minoan Lines they are increased of +27.3%
The profit after the taxes is piled to 4,1 million euros (+84.8%)
March 19, 2018
The company of Greek navigation Minoan Lines of the Neapolitan shipowning group Grimaldi has closed 2017 with revenues to level consolidated of 80,0 million euros, with a decrease of the -50,0% regarding 160,3 million euros in the exercise anniversary precedence. The reduction is effect of the recording which operating activities stopped of the services realized from the Greek company in Mare Adriatico as expired at the beginning of 2017 contracts of chartering between the relative company and Grimaldi group to the ships Cruise Europe and Cruise Olympia the operativity of the two ships operated on these routes is assumed by a branch of the Neapolitan group and meanwhile Minoan Lines are named general agent of the partenopeo group. In the 2017 revenues from the operating activities currents of Mìnoan Lines have turned out pairs to 79,5 million euros, with an increment of +27.3% regarding 62,4 million euros of revenues from the running activities in 2016.
In the 2017 Minoan Lines it has recorded an EBITDA of 20,1 million euros and a profit after the taxes of about 4,1 million euros (is taking into consideration the sun running activities that including the activities stopped) respect to a profit after the taxes of 2,2 million euros from the running activities and a profit after the taxes of 20,7 million euros to the gross one of the activities stopped in 2016.
Last year the ships of the Greek company engaged on the Pireo-Heraklion route have transported 684 thousand passengers (+5% about on 2016), 101 thousand private cars (+7%) and 57 thousand truck (0%).
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