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Q1_2020_-_Earnings_Presentation.pdf
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🔗 Source: assets.ctfassets.net
📊 Size: 2.56 MB
👤 Author: Sankar, Hariharan
⬇️ Downloads: 100

Summary

Hurtigruten had a strong position going into 2020 with a market-leading position in cruise-based exploration and adventure travel, a healthy financial outlook, and high customer satisfaction. Despite the emergence of Covid-19, which led to short-term operational challenges, the company has taken proactive steps to improve its liquidity position and is poised to return to pre-crisis levels of growth and profitability. Bookings for 2021 are 4% higher than for 2020, and the company has a comfortable liquidity position of ~EUR 100m. With operations along the Norwegian coast and in Arctic waters being less impacted by Covid-19, Hurtigruten is well-positioned to take advantage of the reopening of European borders and the expected recovery in travel demand.

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Description

Hurtigruten had a strong position going into 2020 with a market-leading position in cruise-based exploration and adventure travel, a healthy financial outlook,...

Technical Information

  • File Format: PDF
  • File Size: 2.56 MB
  • Pages: 32
  • Language: EN
  • Author: Sankar, Hariharan
  • Total Downloads: 100
  • Last Updated: 7 days ago

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