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📊 Size: 1.02 MB
👤 Author: Published 27 May 2021
⬇️ Downloads: 113

Summary

Hurtigruten Group AS reported a significant increase in revenue and occupancy for the second quarter of 2022. Total revenues and other income were EUR 148.7 million, a 200% increase from the second quarter of 2021. Occupancy rates for Hurtigruten Norway and Hurtigruten Expeditions reached 89% and 60% in June, respectively. Normalized adjusted EBITDA was positive EUR 19.5 million, and reported EBITDA was positive EUR 0.6 million. The company saw a change in booking patterns, with guests booking closer to departure, and bookings for the 9-month period from July 2022 to March 2023 were 4.5% higher than the same period pre-pandemic. Hurtigruten Norway launched two new high-end voyages for 2023 and beyond, and initiated an environmental ship upgrade to reduce CO2 and NOx emissions. As of June 30, 2022, the company had an available liquidity position of EUR 26.2 million and received a subordinated shareholder loan facility of EUR 55 million in the third quarter.

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Description

Hurtigruten Group AS reported a significant increase in revenue and occupancy for the second quarter of 2022.

Technical Information

  • File Format: PDF
  • File Size: 1.02 MB
  • Pages: 31
  • Language: EN
  • Author: Published 27 May 2021
  • Total Downloads: 113
  • Last Updated: 1 week ago

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