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Carnival Reports Record Revenues and Sustainability Progress in 2024

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Carnival Reports Record Revenues and Sustainability Progress in 2024

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The latest update is out from Carnival ( (GB:CCL) ).

Carnival Corporation & plc announced the filing of their joint Annual Report on Form 10-K for the year ending November 30, 2024, with the SEC, confirming previously reported financial results. The company achieved record revenues of $25 billion, a significant increase from the previous year, and saw growth in operating income and onboard spending. Carnival has been focused on reducing debt and enhancing its sustainability efforts, cutting greenhouse gas emissions significantly. The company also highlighted the introduction of new ships and the development of new and enhanced cruise destinations, aimed at attracting new cruise guests and providing unique travel experiences.

More about Carnival

Carnival Corporation & plc is the largest global cruise company and is among the largest leisure travel companies worldwide. It operates a portfolio of renowned cruise lines including AIDA Cruises, Carnival Cruise Line, Costa Cruises, Cunard, Holland America Line, P&O Cruises (Australia), P&O Cruises (UK), Princess Cruises, and Seabourn. The company is known for providing world-class cruise vacations.

YTD Price Performance: 2.35%

Average Trading Volume: 644,033

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £25.54B

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