Independent journal on economy and transport policy
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In the first semester the 2019 Moby group has more than halved the losses come down to -27,4 million euros
The revenues are increased of +8.7% (with a +5.0% in the second solo trimester)
September 12, 2019
In the first half of the 2019 revenues of the shipowning group Moby is increased of +8.7% going up to 253,6 million euros regarding 233,4 million in the first six months last year. The single revenues deriving from the activity of the fleet of ferries of the company are piled to 235,7 million euros (+7.6%), of which 80,6 million euros generated from the activity of transport of passengers and motor vehicles (+2.3%), 81,7 million euros from the transport of goods (+11.2%), 9,3 million euros from the sales on board of ships (+5.7%) and 8,0 million euros from the chartering of ships (+247.8%) to which they join 56,1 million euros of state subsidies in order to guarantee the territorial continuity with islands (+0.7%). The single revenues produced from the marine services from and for the Sardinia have been attested to 96,1 million euros (+2.0%) to which they for Sicily join 41,7 million euros generated from the services from and (+22.6%), 19,6 million euros from the lines for Tuscan archipelago (+3.2%), 6,5 million euros from the services for Corsica (- 7.1%), 7,2 million euros from the services in Baltic Sea (+16.1%) and 8,6 million euros generated from the services for Isole Tremiti and other asset (+177.4%).
In the budget of the first semester of this year of the Moby figure an EBITDA of positive sign for 47,4 million euros respect to an EBITDA of sign negative for -8,8 million euros in the first half of 2018. Operating result and result clearly have been both of sign negative and pairs to -2,1 million and -27,4 million euros, in improvement regarding -39,3 million and -60,2 million euros in the first six months last year.
Moby has specified that, between the factors that have determined a rise of the economic performances, they have contributed to the improvement also factors as the positive absorption of the costs of implementation of the starts up that they had been under way in 2018, an active management of the costs of the bunker and the consumption, the operations of rationalization and optimization put into effect in the structure of the fleet and the consolidation of the acquired market shares on the main strategic markets for the group, firstly that Sicilian and more in general terms that of the freeways of the sea.
In the first half of the 2019 fleet of ferries employed from the Moby in the Mediterranean it has transported 2,09 million passengers (+3.5%). Altogether the linear meters of transported rotabili have been 3,5 million (- 11.6%).
"The action plan launched in 2018, that it previews also a efficientamento in the composition of the fleet of the Moby group - has commented the managing director of the company, Achille Onorato - is centering all the objectives that we had proposed ourselves, allowing with the company to strengthen its position financial institution and to continue on the route of rationalization and optimization of the services. Data confirmed from the investments in newbuilding are in the field of the goods that in those passengers with the ships under construction in Chinese yards GSI of group CSSC with an ability to 4.000 linear meters of cargo, 2.500 passengers, with 550 cabins, that they will give ulterior impulse to the services". "Besides the reddituali results - he has added Honored - the best indicator is supplied by the increase in the occupational levels in the various sectors of activity of the group, included that harbour one and of the logistics, particularly through the society joint venture Mantums ray in with the group Ars Altmann, that they continue to mark a strongly positive trend is regarding the direct occupation is for how much concerns the induced one on the territories served from our ships".
In the second solo trimester of this year the revenues of the group have totaled 151,4 million euros, with an increase of +5.0% on the period April-june of 2018. The volume of transactions produced from the activity of the ferries is piled to 139,4 million euros (+2.7%), of which 63,4 million generated from the activity of transport of passengers and motor vehicles (+3.6%), 44,9 million from the transport of goods (- 0.6%), 7,8 million from sales on board (+6.1%) and 3,4 million from the charterings (+49.1%) to which state subsidies for 20,1 million euros (+1.5% join). The services for the Sardinia have recorded revenues for 65,2 million euros (+6.5%), those for Sicily 24,0 million euros (- 9.7%), the services for the Tuscan archipelago 15,0 million (+2.9%), the services for the Corsica 5,8 million (- 5.5%), the services in the Baltic Sea 5,5 million (+19.6%) and the services for the Trembles and other asset 8,5 million euros (+181.6%). Moby has closed the second trimester of this year with an EBITDA of 27,2 million euros (+297.8%), with an operating profit of 2,6 million euros respect to an operating result of sign negative for -9,3 million euros in the same period of the 2018 and with a net loss of -10,3 million euros respect to a net loss of -19,6 million euros in according to trimester last year.
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