Rare CCWineLover Posted August 22 #1 Share Posted August 22 https://cruiseindustrynews.com/cruise-news/2024/08/viking-reports-second-quarter-2024-financial-results/ Key Highlights Total revenue for the second quarter of 2024 increased 9.1%, or $132.5 million compared to the same period in 2023. Adjusted Gross Margin increased 9.5% compared to the same period in 2023, resulting in a Net Yield of $562. Adjusted EBITDA increased 11.6% compared to the same period in 2023. Net Leverage improved from 3.4x as of March 31, 2024 to 3.0x as of June 30, 2024. As of August 11, 2024, for the 2024 and 2025 seasons, Viking had sold 95% and 55%, respectively, of its Capacity Passenger Cruise Days for its Core Products. Viking’s stock moves lower as cruise operator’s earnings fall short of target https://www.marketwatch.com/story/vikings-stock-rises-as-cruise-operators-earnings-fall-short-63b14dc2?mod=mw_latestnews 1 Link to comment Share on other sites More sharing options...
Rare PasadenaDave Posted August 23 #2 Share Posted August 23 95% of booking capacity for 2024 is impressive Link to comment Share on other sites More sharing options...
Rare CCWineLover Posted August 23 Author #3 Share Posted August 23 18 hours ago, PasadenaDave said: 95% of booking capacity for 2024 is impressive Yes, and looking good in 2025 as well. https://cruiseindustrynews.com/cruise-news/2024/08/viking-55-percent-booked-for-2025/ 1 Link to comment Share on other sites More sharing options...
Mike07 Posted August 24 #4 Share Posted August 24 Meanwhile, CCL stock has basically done nothing. Not arguing for or against VIK, but I have picked, but generally no longer ever do single stock picks. Link to comment Share on other sites More sharing options...
TayanaLorna Posted August 25 #5 Share Posted August 25 Core products 95% and 55% respectively. Ocean and river or river and ocean - i couldn't fund which was what. Link to comment Share on other sites More sharing options...
lackcreativity Posted August 25 #6 Share Posted August 25 26 minutes ago, TayanaLorna said: Core products 95% and 55% respectively. Ocean and river or river and ocean - i couldn't fund which was what. I think those figures represent capacity by year: 95% for 2024 and 55% for 2025. My assumption would be that was for ocean and river combined. Link to comment Share on other sites More sharing options...
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