Norwegian Cruise Line Holdings reports an improvement in economic results

After the complete cessation of operations between the seconds quarters of 2020 and 2021, from the third quarter of last year activity resumed and in the second quarter of 2022 the ships of the group hosted 394 thousand passengers, a very large number far from that of the corresponding pre-pandemic period of the year of 2019 when 683 thousand had been embarked, and from 688 thousand passengers of the second quarter of 2018 when it had been recorded the record for this time of year. Number of passengers, that of the second quarter of this year, which, to highlight the share of tourists lost due to the health crisis, is just over 374 thousand passengers embarked on the ships of the group in the second quarter of 2011. On the other hand, only at the beginning of last May the entire fleet of the group is back in service.

An impact, that of Covid, which is still reflected on the economic results of NCLH which closed the second quarter of 2022 with revenues of 1.19 billion dollars, a figure that is yes much higher than only 4.4 million and 16.9 million dollars totaled in the second semesters of 2021 and of 2020, but is $477.1 million lower than to the turnover of the second quarter of 2019 and to go back to a lower turnover recorded in the second quarter go back to the now distant 2016.

In the period April-June of this year the VALUES of EBITDA, of the operating profit and net profit recorded by NCLH, although remaining in negative territory as it happens consecutively for ten quarters, they show a sensitive improvement compared to last year's: the margin gross operating amounted to -$184.2 million compared to -405.3 million in the second quarter of 2021; result operating and net economic result were respectively at -396.8 million and -509.3 million dollars against -$605.1 million and -$717.8 million last year.

Commenting on the latest quarterly results, the President and CEO of NCLH, Frank Del Rio, demonstrated confidence in the full resumption of activities and financial performance: "we are encouraged - he explained - from the continued high consumer demand we are recording, which is reflected in our record rates, in the acceleration of the volume of bookings, in particular for the 2023 and later, and in the generation of on-board sales that it is the highest ever." A volume of sales on board ships, it is necessary to specify, that in the second quarter of 2022 was really very high having amounted to 393.3 million dollars, a figure that is however, well below the historical record of 540.1 million of the third quarter of 2019 but also, to make a comparison with similar periods of the year, to 445.1 million in the second quarter of 2018 and the 406.1 million sales on board the ships of the second quarter of 2017.