Independent journal on economy and transport policy
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In the fourth trimester of the exercise the 2019 profit clearly of Carnival Corporation is dropped of -14,4%
"Costa Smeralda" has commissioning, the new flagship of Costa Crociere who is fed to which liquified natural gas
December 20, 2019
In the fourth trimester of fiscal year 2019, period that is finished 30th November, the revenues of the crocieristico group American Carnival Corporation are increased of +7.3% going up to 4,78 billion dollars regarding 4,46 billion dollars in the correspondent period of the exercise precedence. The increment is determined mainly by the rise of +29.9% of the revenues deriving from the sales on board of the ships that are piled to 1,52 billion dollars, increase that is effect essentially of the adoption of new accounting principles. The sale of the cruises has yielded 3,17 billion dollars, with a decrease of the -2,0% on the last trimester of fiscal year 2018.
The costs are increased of +10.1% attesting to 4,30 billion dollars, increment produced above all from the progression of +214.4% - also it yields of the adoption of new accounting principles - of the burdens of the activities on board of the ships that have been pairs to 578 million dollars. The operating profit has totaled 484 million dollars (- 12.3%) and the profit clearly 423 million dollars (- 14.4%).
In the period september-November of this year the ships of the fleets of the group, that they are operated with the marks AIDA Cruises, Carnival Cruise Line, Costa Crociere, Cunard, Holland America Line, P&O Cruises (Australia), P&O Cruises (UK), Princess Cruises and Seabourn, has accommodated 3,08 million passengers (+2.1%).
In the entire fiscal year the 2019 revenues of the group have been attested to 20,82 billion dollars, with an increase of +10.3% on the exercise precedence, the operating profit has been pairs to 3,27 billion dollars (- the 1.5%) and profit clearly to 2,99 billion dollars (- 5.2%). In the year the ships have accommodated 12,87 million passengers (+3.7%).
Carnival has announced that today the reservations for the cruises of the group in program in the 2020 turn out light advanced to those of 2019, while the prices of the cruises of the next year turn out inferior light.
Today while, with the first port of call to Savona, it has entered officially in Costa Smeralda service, the new flagship of Costa Crociere who is fed to which liquified natural gas is in port is in navigation with the scope to improve the quality of the air and protect the atmosphere almost, eliminating totally the sulfur oxide emissions (zero emissions) and particulate matter (reduction of the 95-100%), and meaningfully reducing also the oxide emissions of nitrogen (direct reduction of 85%) and of co2 (reduction until 20%).
Costa Smeralda takes part of a plan of expansion that comprises a total of seven new ships in delivery for the group Coast within 2023, for a total investment of beyond six billions of euro. Of these, five ships, comprised Costa Smeralda and its binoculars Costa Toscana who will be operating in 2021, will be fed to GNL.
The new flagship, that it has a tonnage of beyond 180.000 tons and is constructed in the yard Meyer di Turku (Finland), will leave tomorrow for its first cruise in the Mediterranean own from Savona. The route of a week will touch Marseilles, Barcelona, Palm of Majorca, Civitavecchia and La Spezia.
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