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May 10, 2022
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- The results are still strongly negative
financial of the cruise group NCLH
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- In the first three months of 2022 the group's ships hosted
less than a third of passengers in the last corresponding period
pre-pandemic
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Last week Norwegian Spirit resumed the sea,
the latest ship of the Norwegian Cruise Line cruise group
Holdings (NCLH) to resume the activity that from March 2020, to
due to mobility restrictions decided by governments
world to contain the spread of the Covid-19 pandemic, yes
it was progressively reduced until it stopped and then resumed
very slowly to increase coinciding with the progressive
easing of restrictions due to the easing of the crisis
Health. At the resumption of operations, it responded to
starting from the third quarter of last year an increase in
however, the company's financial results remain a long way off
from the performances recorded before the pandemic and so it is
was also in the first quarter of 2022.-
- NCLH filed the first three months of this year with revenues
equal to 521.9 million dollars, a value that if it represents a
increase of +16,736.8% on the same period of 2021 when the
group activities were almost at a standstill,
constitute a decrease of -58.1% on the first quarter of the
2020 when the health crisis was just beginning and a decline in
-62.8% on the first quarter of 2019 when this emergency was of the
all absent. Of this year's first quarter revenue 342.4
millions of dollars are derived from the sale of cruises and
179.5 million from sales on board ships.
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- EBITDA, operating result and net economic result are
all states of negative sign and equal respectively to -472.6
million, -688.8 million and -982.7 million dollars compared to
also negative results in the first quarter of 2021 and
equal to -373.7 million, -571.3 million and -1.37 billion dollars.
To make a comparison with the pre-pandemic results, in the first
quarter of 2019 these items in the income statement were all of
a positive sign of EUR 327.6 million, EUR 158.3 million and EUR 118.2 million
of dollars.
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- In the first quarter of 2022, the group's fleet, consisting of
28 ships operated through Norwegian Cruise Line, Oceania brands
Cruises and Regent Seven Seas Cruises, hosted 191 thousand
passengers, while in the same period last year the ships
were at a standstill, in the corresponding period of 2020, when the crisis
health had just begun, they had hosted 500 thousand and in the
first three months of 2019 had come on board altogether
645 thousand passengers.
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- Commenting on the results of the first quarter of this year, the
President and CEO of NCLH, Frank Del Rio,
explained that encouraging data come from bookings, with
volumes of bookings that - he specified - "are not
returned only to pre-Omicron levels, but which now approach the
historical levels despite a temporary halt due to the conflict
Russia-Ukraine'. The Group pointed out that the effects of the
conflict resulted in the deletion or modification of about 60
cruises scheduled during 2022, variations that include
all cruises with stopovers at the ports of Russia.
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