Havila Kystruten AS Reports Positive Q4 2024 Performance
Havila Kystruten AS Reports Positive Q4 2024 Performance
Havila Kystruten AS has shared encouraging news regarding its operational outcomes for the fourth quarter of 2024 and the onset of January 2025. The results indicate a notable uptick in demand and improvements in critical revenue metrics, underscoring the company's continued growth.
Occupancy Rates Show Significant Improvement
In Q4 2024, the company achieved an impressive occupancy rate of 78%, a substantial increase from the 63% occupancy recorded in the same period the previous year. This growth can be attributed to a spike in seasonal demand, which bodes well for the company's financial health. Looking at the entire year of 2024, Havila Kystruten enjoyed an average occupancy rate of 73%, a clear rise from 65% in 2023, reflecting the company's effective strategies and enhanced customer interest.
January 2025 Occupancy Trends
January, typically a quieter month in the travel industry, saw Havila Kystruten finishing with a 51% occupancy rate. This figure, while lower than previous months, aligns perfectly with last year’s performance, confirming that the patterns of seasonal demand are consistent.
Favorable Financial Outlook Expected
The financial projections for the full year 2024 remain optimistic, with expectations for EBITDA to surpass MNOK 200. January 2025's topline results were consistent with budgetary projections, reinforced by a healthy growth in Average Cabin Revenue (ACR).
Forward Bookings Indicate Continued Growth
Looking ahead, the company is experiencing positive trends in forward bookings for 2025. By the end of January, 50% of the year’s available capacity had already been booked, highlighting strong early interest in Havila Kystruten’s offerings. Moreover, the company noted a more balanced distribution between northbound and southbound routes, which is anticipated to facilitate better operational planning and prepare them for a successful high season ahead.
Sustained Demand for Sustainable Coastal Voyages
One of the key aspects behind the successful booking metrics is the sustained interest in Havila Kystruten’s sustainable coastal voyages. The target for ACR across various booking categories remains on track, which further substantiates the company's solid positioning in the market.
Contact Information for Inquiries
For any inquiries, individuals can reach out to:
Chief Executive Officer: Bent Martini, +47 905 99 650
Chief Financial Officer: Aleksander Røynesdal, +47 413 18 114
Frequently Asked Questions
What is the occupancy rate for Havila Kystruten in Q4 2024?
The occupancy rate for Q4 2024 reached 78%, a significant increase from the previous year.
How did January 2025 perform compared to previous months?
In January 2025, occupancy ended at 51%, which aligns with last year's performance.
What are the financial expectations for Havila Kystruten in 2024?
The company expects to exceed MNOK 200 in EBITDA for the full year 2024.
What does the booking situation look like for 2025?
As of January 2025, 50% of available capacity for the year has already been booked, which is a positive sign for the company.
Who can be contacted for more information about Havila Kystruten?
For inquiries, you can contact CEO Bent Martini or CFO Aleksander Røynesdal using the provided phone numbers.
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