Skip to main content

NCL Holdings posts higher profit of $427.1 million for 2015

Submitted by kgnadmin on

Norwegian Cruise Line (NCL) posted a net profit of 427.1 million dollars (387.5 million euros) for 2015, representing 24.6% more than the profits of the previous year. The shipping company reported an adjusted net profit of 662.6 million dollars (601.4 million euros), 37.8% more than reported a year earlier.

The annual turnover brushed 3,340 million (3,031.4 million euros), 38.7% more than in 2014, driven by a 17.4% increase in capacity days together with the improvement of 18 % of adjusted net yield.

Adjusted cruise capacity per day net cost excluding fuel increased by 3.8%. The price of fuel per metric ton, free hedge was $ 539 (488.8 euros).

Net interest expenses increased to $ 221.9 million (201.2 million euros).

Compared to the fourth quarter, it posted an adjusted net profit of 117.3 million dollars (106.3 million euros), while net adjusted cost of the cruise, excluding fuel per day capacity, increased by 5.9% .

In the first quarter of 2016 the shipping executed a purchase agreement in the interest of certain operations based in Hawaii and plans to complete the sale during 2016.

The shipping company expects for the year 2016 an increase of income of over 30%, with an increase in capacity of 5%.

By 2016, Norwegian Cruise Line plans to add two new ships: who will join the fleet of Oceania Cruises and Seven Seas Explorer, which will join the fleet in the third quarter.