You are here

Louis sells Ivory against $2m

13/01/2010 09:36
Louis announced today the sale of cruise ship Ivory against $2 million, within the framework of its policy for the renewal of its fleet.

According to the announcement, “taking into account the current dollar – euro exchange rate, it is estimated that an accounting loss of €3.6 million will emerge from this act. This development had already been taken into account in the results for 2009 and does not affect the forecasts for the year. The results for 2009 are expected to be loss making but they will show improvement compared to the corresponding results of 2008”.