Costa Cruises, record losses of 2.1 billion in 2022. Just like MSC…

Avatar photo

This is what a study by the investment company Mediobanca reveals on the 2022 financial statements of companies. This is the 58th edition of the study on the main Italian companies established by Mediobanca. A work which analyzes the 2022 accounts of 3,310 companies distributed according to the sector in which they operate, of which 2,680 are industrial and service companies.

Costa Cruises was in red in 2022

Last year, Costa had a turnover of 2.2 billion euros, but recorded a huge loss of 2.110 billion, or practically 95.9% of sales, mainly due to the devaluation of the company’s ships. fleet for 1.2 billion.

2023 should show better results

It must be said that the majority shareholder of the Genoese company, the American giant Carnival, recently reiterated its confidence in the future of the company, highlighting how in 2023 Costa Crociere recorded the best performance of the group.

The accounts are still in the red for MSC Cruises in 2022

MSC Cruises closed the year 2022 with net losses of 1.052 billion euros: the worst result in its history. In 2021, the company posted losses of 935 million euros and 938 million in 2020. The period linked to the Covid epidemic was catastrophic for many companies.

The Aponte family fully supports MSC Cruises

Despite the heavy losses, the company looks forward to 2023 with confidence, reinforced by a market in strong recovery (and in the normalization phase after the Covid period), but above all by the total and constant support of the Aponte family, owner of the group.

An enormous support which, according to what was highlighted in the annual report, should guarantee the company to operate without any liquidity problems throughout the year 2023, even in the event of particularly negative scenarios, characterized by a sudden resurgence of the pandemic.

MSC World Europe

New ships and the hope of surpassing the 2019 score

With the arrival of the World Europa and the Seascape, the total number of ships is 21, compared to 13 at the end of 2021. That’s not all: the year ended with revenues of 2.645 billion. A level which, although still far from the 3.2 billion in 2019, was much higher than the 788.5 and 705.4 million reached in 2021 and 2020 respectively.

Catherine Mills Avatar