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16 July 2019 The on-line newspaper devoted to the world of transports 06:15 GMT+2

March 26, 2019

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An increase of the costs determines a decrease of the results of the first trimester of the Carnival group

The revenues are increased of +10.4%

In the first conclusosi trimester of the fiscal year 2019, period 28th February, the revenues of the crocieristico group American Carnival Corporation have grown of +10.4% having been are pairs to 4,67 billion dollars regarding 4,23 billion in the correspondent period of the exercise precedence. The costs are increased of +12.4% attesting to 4,29 billion dollars, increment produced from an increase almost generalized of the expenses and in particular from the sensitive rise of the burdens of the activities on board of the ships that are piled to 467 million dollars (regarding 140 million in the period December 2017 - February 2018), of which 323 million dollars determined from the adoption of new accounting directives. The operating profit has turned out pairs to 386 million dollars (- 7.9%) and the profit clearly to 336 million dollars (- 14.1%).

"The results of the first trimester - it has commented the president and managing director of Carnival Corporation, Arnold Donald - include an increase of the revenues on board deriving from a greater ability and an increase of the sales of the ships (piled to 1,45 billion, +35.0%, ndr) counterbalanced from the effect of the tempistica of recording of an increase of the costs and from the variations of the price of the fuel and currencies of change regarding last year".

In the first trimester of the exercise the 2019 ships of the fleets that are under responsibility of the American group, that they are operated by the companies Carnival Cruise Line, Princess Cruises, Holland America Line, Seabourn, P&O Cruises (Australia), Costa Crociere, AIDA Cruises, P&O Cruises (UK) and Cunard, has accommodated than 2,9 million passengers (+2.7% more).

The American group has announced that the current level of the reservations for the cruises that will be carried out in the remaining part of 2019 turns out advanced to that of a year makes and that the prices, on comparable bases, are online with those last year.

Evergreen Line Vincenzo Miele

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