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

Finance

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Color Line reports record year

Norwegian ferry company, Color Line, has reported the best earnings in its history. This was powered by high demand, stable production and increasingly more cost-effective operations and provides a solid point of departure for further commercial development and [Read more...]

March 27th, 2024|

Fincantieri enjoys revenue increase

Italian engineering conglomerate, Fincantieri has reported a 2.8% rise in revenues to €7,651 mill in 2023, compared to €7,440 mill for the previous year. EBITDA was up 80% year-on-year at €397 mill, compared to €221 mill in 2022. EBIT was €162 mill, which was [Read more...]

March 15th, 2024|

Rederi Eckero enjoys sales boost

Swedish ferry operator Rederi AB Eckero reported that  3,140,221 pax travelled on the company's vessels last year, an increase of 20%, compared to 2022. The number of cargo units reached 176,351, representing an 11% increase, compared to the [Read more...]

March 15th, 2024|

Viking LSE goes from strength to strength

Viking Life-Saving Equipment delivered outstanding results across its product areas and markets in 2023, the company claimed. In terms of revenue and, in particular, earnings, the company has met the goals set out in its BP25 business plan [Read more...]

March 15th, 2024|

Baleària reports record year

Spanish ferry operator Baleària carried more than 5 mill passengers last year. The shipping company reached a record turnover of €652 mill, a rise of 15% and recorded EBITDA of €117 mill, a fall of 16%, in its [Read more...]

March 15th, 2024|

NCLH returns to profit

Norwegian Cruise Line Holdings (NCLH) generated total revenue of $8.5 bill last year, a 32% increase compared to the same period in 2019. A GAAP net income of $166.2 mill, or EPS of $0.39, saw NCLH return to a [Read more...]

March 1st, 2024|

Lindblad narrows losses

For 2023, Lindblad Expedition Holdings reported that its net loss had improved to $50 mill, or 0.94 per diluted share, compared to a loss of $116.1 mill, or $2.23 per diluted share, for the previous year. The $66.1 mill improvement primarily reflected [Read more...]

March 1st, 2024|