Independent journal on economy and transport policy
07:38 GMT+1
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Carnival Corporation archivia a full trimester of record
The group American has recorded a worsening of the crocieristico market beginning from june
September 26, 2019
The third trimester of the current fiscal year, period conclusosi 31st August, has been all to the standard of the records for the crocieristico group American Carnival Corporation. Commenting today the quarterly performances the president and managing director of the American company, Arnold Donald, have thanked 150 thousand having employee of the group for their efforts that have afforded to record a trimester record "in a year - it has emphasized - otherwise challenging".
In the period june-August of the 2019 revenues of the group they are piled to 6,53 billion dollars, with an increment of +11.9% compared to the previous historical quarterly peak of 5,84 billion dollars recorded in the same period of 2018. The sale of tickets of the cruises has yielded altogether 4,48 billion dollars, with a rise of +2.8% on the third trimester of financial year 2018, while more emphasized it has turned out the increase of the sales on board of the ships of the fleets of the group that have attested themselves to 1,86 billion dollars (+41.0%).
Also the operating profit and the profit clearly have reached levels record being are pairs respective to 1,89 billion and 1,78 billion dollars, with increments of +5.4% and +4.3% regarding the third trimester of exercise 2018 when the precedence was marked the maximum peaks.
So it has been also for the number of passengers accommodated on the ships of the crocieristiche companies of the group that has arrived to a level record of 3,75 million people, in increase of +5.3% on the previous record of the third trimester of exercise 2018.
Donald has explained that the performances record are achieved thanks to the ulterior improvements in the voices of the costs that - it has specified - "have been in great part obtained taking advantage of our dimension of scale, compensating the impact on the returns determined from the interruptions of the cruises caused from the arranged effect of the Dorian hurricane, the tensions in the Persian Gulf and from the delayed delivery of Costa Smeralda".
In the first nine months of the financial year the 2019 revenues of the group have totaled 16,04 billion dollars, with an increase of +11.2% on the correspondent period of the exercise precedence, of which 10,93 billion produced from the sales of tickets of cruises (+2.2%) and 4,81 billion from the sales on board of ships (+37.1%). The operating profit has been of 2,79 billion dollars (+0.7%) and the profit clearly of 2,57 billion dollars (- 3.5%). In the period December 2018 - August 2019 the passengers accommodated on the ships of the group have been 9,79 million (+4.2%).
About the perspectives for exercise 2020, Carnival has announced that if the reservations for the cruises of the first half of the year turn out greater regarding the level of a year make, from last june is the reservations that the prices of the cruises are diminished regarding the year precedence.
"Which truly total crocieristica company, with almost 50% of our hosts who come from outside the USA - has evidenced Donald - we are facing various head winds, between which the weakening of the economies that have an impact on our field in Europe and Asia, a strong dollar and, naturally, the regulations IMO 2020 (that they preview a reduction of the sulfur tenor in naval fuel and that they will take effect next 1° January, ndr) regarding which we are working in order to mitigate of the impact. We have assumed provisions in South Europe - it has added Donald - in order to align the ability to the question, that it reflects the current conditions heavy influenced by the persistent phase of economic malaise, by the uncertain geopolitical scene and the recent course of the confidence of the consumers. Also we have brought modifications of the last minute, included those in order to tackle to the recent situation in the Persian Gulf that have had an impact on the recent trend of the reservations and the prices of tickets".
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