| Business Summary | | P&O
Princess
Cruises
plc
is
a
cruise
company.
It
includes
Princess
Cruises,
the
North
American
brand;
P&O
Cruises,
the
United
Kingdom
cruise
brand;
AIDA,
a
German
cruise
company;
and
P&O
Cruises
Australia,
Swan
Hellenic
in
the
United
Kingdom
and
Seetours
International
in
Germany.
The
Company
is
a
major
provider
of
cruises
to
Alaska,
Europe,
the
Panama
Canal
and
other
exotic
areas,
and
has
a
growing
presence
in
the
Caribbean.
The
current
fleet
of
18
ships
offering
25,600
berths
is
set
to
grow
over
the
next
four
years
with
the
addition
of
nine
ships
offering
a
further
19,620
berths.
P&O
Princess
Cruises
was
formed
from
the
demerger
of
The
Peninsular
and
Oriental
Steam
Navigation
Company
in
October
2000. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | P&O
Princess
Cruises
plc,
is
an
international
cruise
company
with
operations
in
North
America,
Europe
and
Australia.
POC
currently
operates
a
fleet
of
18
cruise
ships.
For
the
three
months
ended
3/31/01,
revenues
increased
4%
to
$542.1
million.
Net
income
before
U.S.
GAAP
adjustment
decreased
60%
to
$18
million.
Revenues
reflect
increased
capacity
due
to
the
introduction
of
a
new
ship.
Net
income
was
offset
by
increased
fuel
costs. Recent Earnings Announcement For
the
3
months
ended
06/30/2001,
revenues
were
647,600;
after
tax
earnings
were
89,000. (Preliminary; reported in thousands of dollars.) | More
from
Market Guide: Significant
Developments |
| Officers | |
| Position | Lord Sterling | Chairman | Peter Ratcliff | CEO,
Director | Nick Luff | CFO,
Director | Charles Arkinstall | Exec.
VP, and Technical Maritime Affairs | Dean Brown | Exec.
VP, Sales, Marketing and Customer Service, Princess Cruises |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|