Gianluigi Aponte’s Italian holding Marinvest revealed in its last yearly financial report that both Grandi Navi Veloci and SNAV are back in profit, after some years in red.
In 2019, the Genoa-based ferry company GNV closed with a net profit of almost EUR 1 million, while the previous year the loss amounted to EUR 13.4 million.
Following the outbreak of Covid-19, the results were heavily impacted in the first half of this year and GNV asked for a new EUR 25 million bank loan in line with the “Decreto Liquidità” law approved by the Italian Government (in order to make it possible for the companies to overcome those challenging months).
The Aponte family also injected EUR 17 million in the company, as a potential capital increase for the future if needed.
Also, the Marinvest-controlled ferry company SNAV, today mainly focused on the lines in the Gulf of Naples, between Naples and the Aeolian islands and between Ancona and the Croatian port of Split, last year closed with a profit of almost EUR 1.5 million, coming from a red of almost EUR 550k in 2018.