Hurtigruten deficit continues in Q1 – E24

Hurtigruten deficit continues in Q1 – E24

Hurtigruten managed to reduce the pandemic losses in the first quarter, but still had a large deficit.

Hurtigruten continues to lose money.

The quarterly report, which was submitted on Tuesday evening, showed a pre-tax result of minus 49 million euros in the first three months of the year. This is an improvement from €60.4m in the first quarter of 2022.

The deficit in the first quarter of this year was NOK 592 million.

The operating result (ebit) ended at -14.8 million euros.

The company says in a Stock announcement They continue to see a positive development in orders, and pre-orders of €535 million have been placed so far in 2023.

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The turnover rate increases significantly

Hurtigruten has struggled financially for the past three years as a result of the corona pandemic and ensuing restrictions.

In the first quarter of 2023, on the other hand, Hurtigruten’s turnover amounted to 161.8 million euros, an increase of 67 percent compared to the first quarter of 2022.

This is because the entire Hurtigruten Group fleet has returned to sea, according to the company.

In January, the company announced that the pace of bookings had reached new heights, with increased demand from travelers from Germany, the United Kingdom and the United States.

– This indicates that the desire to travel is back again, Daniel Skjeldam, CEO of Hurtigruten, stated in one Stock announcement.

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Dalila Awolowo

Dalila Awolowo

"Explorer. Unapologetic entrepreneur. Alcohol fanatic. Certified writer. Wannabe tv evangelist. Twitter fanatic. Student. Web scholar. Travel buff."

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