MSC Cruises reveals revenue increases

2019-04-29T18:20:10+00:00 April 29th, 2019|Finance|

MSC Cruises has reported a net income of €348 mill on revenues of €2.6 bill for 2018, compared to net income of €311 mill on revenues of €2.3 bill for 2017.

Ticket revenues were $2.1 bill and on board revenues were €690 mill for 2018, up from $1.7 bill and €569 mill, respectively for the previous year.

On a per passenger day basis, the ticket revenue was €121.51 and on board revenue €40.68 last year, compared to €123.65 and €41.48, respectively for 2017.

Year-over-year MSC carried 2,367,527 passengers and posted 16,961,532 passenger cruise days sold in 2018 with a 111.6% occupancy level, against 1,979,904 passengers and 13,716,516 passenger cruise days sold and an occupancy level of 111% in 2017.

In 2018, MSC operated 15 ships and took delivery of the ‘MSC Seaview’ last June. The overall capacity increased by 23%, the company said, from 12.4 mill to 15.2 mill available lower berth days.

MSC company also claimed that it will set a commercial growth record and generate strong yields in 2019 with the introduction of the ‘MSC Bellissima’ and ‘MSC Grandiosa’.

Fourteen ships are currently on order for deliveries between 2020 and 2027.