SERVICES

Carnival foresees a flat new year’s beginning

Miami - Carnival Corporation announced a net income for the full year of 2018 of $3.2 billion and an adjusted net income of $3.0 billion, higher than the $2.8 billion of 2017

Miami - Carnival Corporation announced a net income for the full year of 2018 of $3.2 billion and an adjusted net income of $3.0 billion, higher than the $2.8 billion of 2017.

“We delivered strong fourth quarter earnings and record adjusted fourth quarter earnings to top off a record breaking year,” noted Carnival Corporation CEO Arnold Donald. “In 2018, we grew net cruise revenue (constant currency) over five percent, achieving the highest revenue yields (constant currency) in our company’s history, and producing double-digit adjusted earnings growth despite a significant drag from fuel and currency”.

But the company expects flat net yields in the first quarter of 2019 due to the increase in fuel prices and to changes in currency rates.

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