(DAILYMAIL) — Cruise ship company Carnival unveiled falling profits at the end of a nightmare year in which one of its vessels capsized and the industry was hit by outbreaks of the norovirus winter vomiting bug.

Chairman and chief executive Micky Arison said the Costa Concordia tragedy in January, which killed 32, had made the year ‘the most challenging in our company’s history’.

Arison insisted the group was ‘well positioned for a recovery in 2013’, but a less-than-optimistic forecast for bookings saw the London-listed firm’s share price fall 154p to 2391p.

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