HighGravityDataCarnival — Dec 20, 2024 release
Fiscal 2024 fourth-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0000815097-24-000078
Showing in the filing
Newbuild capital expenditures
“$1.1 billion”
Period
FY2025
Measure
Company-defined measure
Source
Prose
All guidance in this release · 36
100 basis point change in variable rate debt… for FY2025
“$48”
Net yields (in constant currency) for FY2025
“approximately 4.2 percent higher than record 2024 levels”
Adjusted cruise costs excluding fuel per ALB… for FY2025
“up approximately 3.7 percent compared to 2024”
Adjusted net income for FY2025
“approximately $2.3 billion”
Adjusted EBITDA for FY2025
“approximately $6.6 billion, up approximately $500 million compared to 2024”
Adjusted EBITDA per ALBD for FY2025
“to reach its 2026 SEA Change target one year in advance”
Adjusted ROIC for FY2025
“approximately 11.7 percent”
Interest expense for FY2025
“over $200 million lower than 2024 and over $500 million lower compared to 2023”
GHG emission intensity goal for FY2026
“more than a 20 percent reduction by the end of 2026 compared to 2019”
Food waste reduction goal for FY2030
“reduce food waste by 50 percent”
Net yields (Current Dollars) for FY2025
“Approx. 3.5%”
Net yields (Constant Currency) for FY2025
“Approx. 4.6%”
Adjusted cruise costs excluding fuel per ALB… for FY2025
“Approx. 2.4%”
Adjusted cruise costs excluding fuel per ALB… for FY2025
“Approx. 3.4%”
ALBDs (in millions) for FY2025
“23.6”
Capacity growth compared to prior year for FY2025
“(0.0)%”
Fuel consumption in metric tons (in millions) for FY2025
“0.7”
Fuel cost per metric ton consumed (excluding… for FY2025
“$616”
Fuel expense (including EUA expense) (in bil… for FY2025
“$0.45”
Depreciation and amortization (in billions) for FY2025
“$0.66”
Interest expense, net of capitalized interes… for FY2025
“$0.38”
Adjusted EBITDA (in billions) for FY2025
“Approx. $1.04”
Adjusted net income (in millions) for FY2025
“Approx. $2,305”
Adjusted earnings per share - diluted for FY2025
“Approx. $0.00”
Weighted-average shares outstanding - basic for FY2025
“1,309”
Adjusted weighted-average shares outstanding… for FY2025
“1,316”
AUD (USD to 1) for FY2025
“$0.64”
CAD (USD to 1) for FY2025
“$0.70”
EUR (USD to 1) for FY2025
“$1.05”
GBP (USD to 1) for FY2025
“$1.26”
1% change in net yields (impact to adjusted … for FY2025
“$190”
1% change in adjusted cruise costs excluding… for FY2025
“$109”
10% change in fuel cost per metric ton (excl… for FY2025
“$178”
1% change in currency exchange rates (impact… for FY2025
“$25”
Newbuild capital expenditures for FY2025
“$1.1 billion”
Non-newbuild capital expenditures for FY2025
“$2.5 billion”
Exhibit 99.1 · the passage around this item
… earlier in the release
Currencies (USD to 1) 1Q 2025 Full Year 2025 AUD $ 0.64 $ 0.64 CAD $ 0.70 $ 0.70 EUR $ 1.05 $ 1.05 GBP $ 1.26 $ 1.26 Sensitivities (impact to adjusted net income (loss) in millions) 1Q 2025 Full Year 2025 1% change in net yields $ 39 $ 190 1% change in adjusted cruise costs excluding fuel per ALBD $ 26 $ 109 10% change in fuel cost per metric ton (excluding EUA) $ 45 $ 178 100 basis point change in variable rate debt (including derivatives) — $ 48 1% change in currency exchange rates $ 4 $ 25 Capital Expenditures For full year 2025, newbuild capital expenditures are $1.1 billion and non-newbuild capital expenditures are $2.5 billion. These future capital expenditures will fluctuate with foreign currency movements relative to the U.S. Dollar. In addition, these figures do not include potential stage payments for ship orders that the company may place in the future. Conference Call The company has scheduled a conference call with analysts at 10:00 a.m. EST (3:00 p.m. GMT) today to discuss its earnings release. This call can be listened to live, and additional information including the company’s earnings presentation and debt maturities schedule, can be obtained via Carnival Corporation & plc’s website at www.carnivalcorp.com and www.carnivalplc.com . Carnival Corporation & plc is the largest global cruise company, and among the largest leisure travel companies, with a portfolio of world-class cruise lines – AIDA Cruises, Carnival Cruise Line, Costa Cruises, Cunard, Holland America Line, P&O Cruises (Australia), P&O Cruises (UK), Princess Cruises, and Seabourn. Additional information can be found on www.carnivalcorp.com , www.aida.de , www.carnival.com , www.costacruise.com , www.cunard.com , www.hollandamerica.com , www.pocruises.com.au , www.pocruises.com
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.