Finance 2018-03-01T10:04:38+00:00

Finance

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Royal Caribbean forecasts record 2024 income

Royal Caribbean Group has reported earnings per share (E PS) of $6.31 and an adjusted EPS of $6.77 for 2023, which were better than the company's guidance, due to stronger close-in demand. The strength is continuing into 2024 with adjusted EPS [Read more...]

February 13th, 2024|

DFDS enjoys increased revenue

Danish Passenger, freight and logistics group DFDS revealed a fourth quarter 2023 revenue increase of 4.4% to total DKK6.8 bill, plus an increase of 9.1% if adjusted for ferry bunker surcharges. The adjusted growth was driven by higher [Read more...]

February 13th, 2024|

Saga looks for options for its cruise business

Under pressure quoted company, Saga plc has confirmed that its Board is exploring opportunities to optimise its operational and strategic position in its cruise business. The insurance and finance company, primarily catering for the over 50s, claimed that [Read more...]

January 29th, 2024|

Corvus Energy receives a financial boost

Toyota’s wealth fund, Woven Capital, has made an investment in Corvus Energy, a provider of energy storage systems for zero-emission maritime applications, including small cruise ships and ferries. The investment marks a significant step in the journey toward achieving [Read more...]

January 29th, 2024|

KiwiRail ditches Project iReX

In a statement, KiWi Rail has confirmed that the New Zealand Government will not be providing further funding for the Inter-Island Resilient Connection (iReX) project. Chairman, David McLean, said: ”Unfortunately, we cannot proceed without further Government funding. We [Read more...]

December 28th, 2023|

Higher ferry revenues help boost Stena

For the first nine months of this year, Swedish conglomerate Stena AB reported a revenue increase of SEK2,388 mill to SEK40,810 mill, compared to SEK38,422 mill at the same period of 2022. Revenues were higher in the Ferry, [Read more...]

December 28th, 2023|

Irish Continental suffers revenue drop

Irish Continental Group (ICG) consolidated group revenue for the first 10 months of this year was €491.4 mill, a decrease of 1.8%, compared with last year. Pre-IFRS 16 net debt figures were €113.1 mill, compared to €128.7 mill [Read more...]

December 14th, 2023|