Peninsular & Oriental Steam Navigation Co, the UK’s largest ferry and port operator, posted a second-half loss because of costs to close ferry routes. The shares fell after the company said the disruption to ferry schedules at Calais, France following a bridge collapse, may hurt profit this year.
Green Marine
about 21 years ago
Ferry problems put P&O in the red
Peninsular & Oriental Steam Navigation Co, the UK’s largest ferry and port operator, posted a second-half loss because of costs to close ferry routes. The shares fell after the company said the disruption to ferry schedules at Calais, France following a bridge collapse, may hurt profit this year.
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