Finnish shipbuilder Meyer Turku introduced its monetary numbers for 2020, keeping in mind that while the team has actually had 2 hard years, it is gradually approaching a much more favorable course.
Meyer Turku, component of the German- based Meyer Group, largely constructs cruise liner as well as huge capability ferryboats, 2 fields where newbuild orders have actually been reduced by the COVID-19 pandemic. But with numerous components of the globe currently resuming to traveler ships, Meyer Turku is targeting a rebound.
“Last year has been in several aspects an extraordinary difficult year, mainly impacted by corona resulting in high extra costs due to the restrictions and corona measures. Adapting our order book and consequently our capacity has affected our operation in 2020 severely. We do, however see now promising signs of recovery both in the cruise ship market and in our Meyer Turku Group financial figures. We are already working on the topics beyond the crisis such as the development of sustainable ship designs,” Meyer Turku Chief Executive Officer Tim Meyer claimed.
Last year saw the shipment of Carnival Mardi Gras inDecember Earlier in the summer season, Meyer Turku concurred with its clients on the extending of the order publication, getting to currently till 2026. There has actually been no terminations to the ship orders. Meyer Turku additionally experienced worker teamwork settlements as well as modifications to financial investments. Still the outcome of Meyer Turku Oy in 2020 is adverse EUR49.2 million.
“This year (2021) is a year for preparing for the new future we have in front of us. The full impact of our measures will take some time until they will display in our financial numbers, however,” Tim Meyer claimed.
Key Figures for Meyer Turku Group 2020 (consisting of subsidiaries):
