Independent journal on economy and transport policy
01:26 GMT+2
P&O: Shipping group lifted by cruise unit
(Financial Times)
April 9, 1999
By Our Summaries Staff Shares in Peninsular & Oriental Steam Navigation (P&O) rose sharply in early trade on Friday, after the company announced a "highly successful" first quarter for its cruises division.
The division, which comprises Princess Cruises and P&O Cruises (UK), accounted for 31 per cent of the group's net operating assets at December 31 1998. ...... Read more on Financial Times
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