HighGravityDataCarnival — Jun 24, 2025 release
Fiscal 2025 second-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0000815097-25-000047
Showing in the filing
AIDA Cruises newbuild orders
“two newbuilds”
Period
FY2030
Measure
Company-defined measure
Source
Prose
All guidance in this release · 36
Net yield growth for H2 FY2025
“strong 4 percent net yield growth”
Net yields (in constant currency) for FY2025
“approximately 5.0 percent higher than strong 2024 levels”
Adjusted cruise costs excluding fuel per ALB… for FY2025
“up approximately 3.6 percent compared to 2024”
Adjusted net income for FY2025
“up over 40 percent compared to 2024 and better than March guidance by $200 million”
Adjusted EBITDA for FY2025
“approximately $6.9 billion, up over 10 percent compared to 2024”
Net yields (in constant currency) for Q3 FY2025
“up approximately 3.5 percent compared to strong 2024 levels”
Adjusted cruise costs excluding fuel per ALB… for Q3 FY2025
“up approximately 7.0 percent compared to the third quarter of 2024”
AIDA Cruises newbuild orders for FY2030
“two newbuilds”
Newbuild pipeline for FY2033
“eight ships”
Net yields (Current Dollars) for FY2025
“Approx. 5.2%”
Net yields (Constant Currency) for FY2025
“Approx. 3.5%”
Adjusted cruise costs excluding fuel per ALB… for FY2025
“Approx. 8.9%”
Adjusted cruise costs excluding fuel per ALB… for FY2025
“Approx. 7.0%”
ALBDs (in millions) for FY2025
“24.6”
Capacity growth compared to prior year for FY2025
“(2.4)%”
Fuel consumption in metric tons (in millions) for FY2025
“0.7”
Fuel cost per metric ton consumed (excluding… for FY2025
“$619”
Fuel expense (including EUA expense) (in bil… for FY2025
“$0.48”
Depreciation and amortization (in billions) for FY2025
“$ 0.72”
Interest expense, net of capitalized interes… for FY2025
“$ 0.33”
Adjusted EBITDA (in billions) for FY2025
“Approx. $2.87”
Adjusted net income (loss) (in millions) for FY2025
“Approx. $1,800”
Adjusted earnings per share - diluted for FY2025
“Approx. $1.30”
Weighted-average shares outstanding - basic for FY2025
“1,313”
Adjusted weighted-average shares outstanding… for FY2025
“1,402”
AUD (USD to 1) for FY2025
“$0.65”
CAD (USD to 1) for FY2025
“$0.73”
EUR (USD to 1) for FY2025
“$1.15”
GBP (USD to 1) for FY2025
“$1.34”
1% change in net yields (impact to adjusted … for FY2025
“$104”
1% change in adjusted cruise costs excluding… for FY2025
“$27”
10% change in fuel cost per metric ton (excl… for FY2025
“$44”
100 basis point change in variable rate debt… for FY2025
“$24”
1% change in currency exchange rates (impact… for FY2025
“$10”
Newbuild capital expenditures for FY2025
“$1.1 billion”
Non-newbuild capital expenditures for FY2025
“$1.2 billion”
Exhibit 99.1 · the passage around this item
… earlier in the release
As of May 31, 2025, the company’s debt maturities for the remainder of 2025 and full year 2026 are $0.7 billion and $1.4 billion. The company achieved a 3.7x net debt to adjusted EBITDA 1 ratio as of May 31, 2025, an improvement from 4.1x as of February 28, 2025. Other Recent Highlights • Ordered two newbuilds for AIDA Cruises, scheduled to be delivered in fiscal years 2030 and 2032, introducing a new mid-size class ship and bringing its newbuild pipeline to eight ships through 2033 (learn more here). • Carnival Cruise Line announced it will launch “Carnival Rewards,” a new loyalty program, in June 2026. The program will be a cruise-industry first by tying status, benefits and rewards to spending on cruise fares and onboard activities. It will also add new features, new ways to earn status and new reward categories (learn more here). • Introduced the Paradise Collection by Carnival, which will include the following (learn more here): ◦ Celebration Key, its new exclusive destination on Grand Bahama Island, opening in July 2025, which will feature five portals built for fun offering an abundance of features and amenities for guests. ◦ RelaxAway, Half Moon Cay, its highly rated and award-winning exclusive destination in the Bahamas, which will be enhanced and expanded to feature a newly constructed pier in the summer of 2026. ◦ Mahogany Bay, its port destination in Roatan, Honduras, will be renamed to Isla Tropicale in 2026 and expanded to include a pool with a swim up bar and cabanas, bea
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.