Carnival sees FY24 net yields up 10.4% vs last year

For the full year 2024, the company expects: Net yields up approximately 10.4 percent compared to 2023, better than June guidance, based on continued strength in demand; Adjusted cruise costs excluding fuel per ALBD up approximately 3.5 percent compared to 2023, approximately 1 percentage point better than June guidance driven by cost saving opportunities, accelerated easing of inflationary pressures and benefits from one-time items; Adjusted EBITDA of approximately $6.0 billion, up over 40 percent compared to 2023 and better than June guidance by nearly $200 million; Adjusted return on invested capital of approximately 10.5 percent, an improvement of approximately 5.0 percentage points compared to 2023 and half a point better than June guidance