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19 December 2018 The on-line newspaper devoted to the world of transports 17:17 GMT+1

December 19, 2017

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Original news
Carnival, more continues the trend of increase of the revenues and emphasized increase of the costs

The crocieristico group American has closed fiscal year 2017 with a profit clearly of 2,6 billion dollars (- 6.3%)

In the last trimester of fiscal year 2017, period that has been concluded 30th November, the crocieristico group American Carnival Corporation has recorded revenues pairs to 4,3 billion dollars, with an increment of +8.2% regarding 3,9 billion dollars in the fourth trimester of the exercise precedence. More emphasized (for the fourth consecutive trimester) it has turned out the increase of the costs that are piled to 3,7 billion dollars (+11.1%), increase that is determined is from the rise of the direct expenses correlated to the crocieristica activity, than have been attested to 2,6 billion dollars (+12.9%) between which 330 million dollars of cost of fuel (+23.6%), it is from the increase of the administrative costs and the devaluations and amortizations, that they have turned out pairs respective to 616 million dollars (+5.5%) and 477 million dollars (+9.7%).

Carnival has closed the trimester september-November of this year, period in which the ships of the fleet of the group have accommodated 3,0 million passengers (+3.2%), with an operating profit of 548 million dollars (- 8.2%) and with a profit clearly of 546 million dollars (- 10.3%).

In the entire fiscal year anniversary 2017, period in which the passengers on board of the ships of the group have been 12,1 million with an increase of +5.3% on the exercise precedence, Carnival Corporation has totaled revenues pairs to 17,5 billion dollars (+6.8%). The costs are gone up of +10.4% to 14,7 billion dollars, of which 10,5 billion correlated to crocieristiche activities (+11.9%) included beyond 1,2 billion it costs for the purchase of fuel (+36.0%), almost 2,3 billion dollars of administrative expenses (+3.1%) and more than 1,8 billion dollars than devaluations and amortizations (+6.2%).

In the financial year the 2017 operating profit is piled to 2,8 billion dollars (- 8.5%) and the profit clearly to 2,6 billion dollars (- 6.3%).

Relatively to the perspectives for the exercise anniversary 2018, today Carnival has announced that currently the level of the reservations for the programmed cruises in the entire year turns out advanced to that recorded a year ago for exercise 2017 and that also the prices of the cruises turn out elevated more. "In spite of the impact negative on the reservations determined from numerous happened hurricanes this year - it has specified the president and managing director of Carnival Corporation, Arnold Donald - we are going towards 2018 with a base of elevated activity more and with advanced prices regarding last year". Illustrating some initiatives assumed from the group so that the increase trend continues in 2018, Donald has remembered that the next year the group will take in delivery the new ships Carnival Horizon, Seabourn Ovation, AIDAnova and Nieuw Statendam.

Carnival previews that in the exercise the 2018 cost for the fuel will endure an increase pairs to about 117 million dollars to clearly of the effect of derivative contracts on the fuel, increase that is previewed will reduce the profit per.share of 0,16 dollars. Such impact partially will be compensated by the favorable variation of the exchange rates that are previewed will have a positive effect on the profit per.share pairs to 0,08 dollars.

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