CARNIVAL CORPORATION & PLC ACHIEVES ALL-TIME HIGH FINANCIAL RESULTS WITH NET INCOME OF $1.9 BILLION (ADJUSTED NET INCOME OF $2 BILLION)

About this update from Carnival Corporation Ltd.

[{"type":"text","content":"Exceeds guidance and raises full year 2025 outlook for the third time this year ","length":79,"tagName":"p","attribs":{}},{"type":"text","content":"MIAMI, Sept. 29, 2025 /PRNewswire/ -- Carnival Corporation & plc (NYSE/LSE: CCL; NYSE: CUK) announced financial results for the third quarter 2025 and provided an updated outlook for the full year and an outlook for the fourth quarter 2025.","length":244,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Achieved all-time high net income1 of $1.9 billion and adjusted net income1,2 of $2.0 billion.","length":94,"tagName":"p"}]},{"val":[{"type":"text","content":"Raised full year 2025 adjusted net income guidance for the third quarter in a row due to improved net yields2 and effective cost & balance sheet management; now expected to be up nearly 55 percent year over year.","length":216,"tagName":"p"}]},{"val":[{"type":"text","content":"Delivered record revenues1 of $8.2 billion, a record for the tenth consecutive quarter, and all-time high net yields1 (in constant currency) outperforming June guidance due to strong close-in demand.","length":199,"tagName":"p"}]},{"val":[{"type":"text","content":"Cumulative advanced booked position for 2026 remains strong, in line with 2025 record levels and at historical high prices (in constant currency).","length":146,"tagName":"p"}]},{"val":[{"type":"text","content":"Refinanced $4.5 billion of debt during the quarter, simplifying its capital structure and prepaid an additional $0.7 billion of debt.","length":133,"tagName":"p"}]}],"tagName":"ul","bulletedList":true,"length":788,"olType":false},{"type":"text","content":""This was a phenomenal quarter delivering all-time high net income and our tenth consecutive quarter of record revenues. Strong demand and onboard spending drove a 4.6% improvement in net yields (in constant currency), all of which was achieved on a same ship basis," commented Carnival Corporation & plc's Chief Executive Officer Josh Weinstein.","length":364,"tagName":"p"},{"type":"text","content":""Adjusted return on invested capital2,3 reached 13% for the first time in nearly 20 years, a clear testament to the continued improvement in our operational execution—driven not only by consistently strong performance from Carnival Cruise Line and AIDA, but also great advancement acros...

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