Carnival Cruise Lines Unveils New Ship, Carnival Vista
Jan 22 15
Carnival Cruise Lines on unveiled details about its first new ship launch in four years, Carnival Vista. The ship will also be the company's big vessel when it debuts in 2016, with a capacity of 3,936 people (assuming two guests per cabin). The ship is due to launch May 1, 2016, in Trieste, Italy. It will spend five months in Europe before coming to New York in November 2016. The new ship will be key to helping Carnival restore its image following a dismal few years that included ship breakdowns, trip cancellations and depressed ticket prices and revenue. Carnival reported that the ship will offer the first IMAX theater at sea, with first-run movies showing at the same time they are shown in IMAX theaters on land. The ship will include a ropes course, jogging track and outdoor fitness area among other sports-oriented attractions, as well as a 455-foot-long (139 meters) multi-colored tube slide called a Kaleid-o-Slide, and SkyRide, a cycling ride suspended from a track. The ship will also have an onboard beer brewery and Latin-themed Havana Bar and pool, with staterooms dubbed Havana Cabanas featuring private outdoor patios. A Family Harbor area will offer more options for parents and kids, including staterooms with access to a secluded lounge that will serve as a hangout for families with large-screen TVs, games and concierge desk.
Carnival Corporation & plc Announces Unaudited Consolidated Earnings and Operating Results for the Fourth Quarter and Full Year Ended November 30, 2014; Forecasts Earnings Guidance for the First Quarter and Full Year of 2015
Dec 19 14
Carnival Corporation & Plc announced unaudited consolidated earnings results for the fourth quarter and full year ended November 30, 2014. For the quarter, the company reported revenues of $3,718 million against $3,659 million for the same period a year ago. Operating income was $267 million against $104 million for the same period a year ago. Loss before income taxes was $95 million against income of $57 million for the same period a year ago. Net loss was $102 million or $0.13 per diluted share against income of $66 million or $0.08 per diluted share for the same period a year ago. Non-GAAP earnings per share-diluted was $0.27 per share against $0.04 per share for the same period a year ago. Cash from operations was $637 million against $475 million for the same period a year ago. Capital expenditures were $906 million against $337 million for the same period a year ago.
For the full year, the company reported revenues of $15,884 million against $15,456 million for the same period a year ago. Operating income was $1,792 million against $1,352 million for the same period a year ago. Income before income taxes was $1,245 million against $1,072 million for the same period a year ago. Net income was $1,236 million or $1.59 basic and diluted earnings per share against $1,078 million or $1.39 basic and diluted earnings per share for the same period a year ago. Non-GAAP earnings per share-diluted was $1.96 per share against $1.58 per share for the same period a year ago. Cash from operations was $3,430 million against $2,834 million for the same period a year ago. Capital expenditures were $2,583 million against $2,149 million for the same period a year ago.
The company forecasts earnings guidance for the first quarter 2015. For the quarter, constant dollar net revenue yields are expected to be flat to up 1.0% compared to the prior year. The company expects non-GAAP diluted earnings for the first quarter 2015 to be in the range of $0.07 to $0.11 per share, compared to 2014 non-GAAP earnings of $0.00 per share.
For the full year of 2015, the company’s net revenue yields are expected to be up approximately 2% (constant dollars) compared to the prior year. Non-GAAP earnings per share (diluted) are expected to be in the range of $2.30 to $2.60, compared to $1.96 for 2014.
For the quarter, the company reported passengers carried of 2,623,000 against 2,511,000 a year ago. Occupancy percentage was 101.9% against 102.1% a year ago.
For the year, the company reported passengers carried of 10,566,000 against 10,061,000 a year ago. Occupancy percentage was 104.1% against 105.1% a year ago.
Carnival Corporation & plc Announces Two New Ship Orders with Fincantieri S.p.A
Dec 19 14
Carnival Corporation & plc announced new cruise ship orders for two of its brands with Fincantieri S.p.A. The new cruise ships will be constructed by Fincantieri for Carnival Cruise Line and Holland America Line. Carnival Cruise Line's as-yet-unnamed 3,954-passenger vessel, which is the 26th ship in the line's fleet, will offer many of the newest and most popular features from Carnival's current ships, along with several innovations that will be exclusive to this vessel. The delivery date for the new cruise ship is scheduled for March 2018. The new ship will be a sister ship to Carnival Vista, which is slated for delivery in spring 2016. Carnival plans to announce details on the many unique features and innovations of Carnival Vista during a three-day event for media, travel agents and consumers in New YorkJan. 22-24, 2015. For Holland America Line, the new order adds a second Pinnacle class ship to the fleet, a new class of vessels that will debut with the delivery and launch of the ms Koningsdam in February 2016. The new ship, scheduled for delivery in late November 2018, will accommodate 2,650 guests and 1,025 crew. The new as-yet-unnamed ship will feature new public spaces and venues that will debut on Koningsdam. In addition, many of the familiar spaces that are currently featured across the Holland America Line fleet will be included.