NCL saw net income dip year on year from $73.2 million to $61.9 million in the first three months of the year despite a 6.8% increase in revenue to a record $1.2 billion.
NCL said the increase in income was “primarily attributed to the addition of Oceania Cruises’ Sirena and Regent’s Seven Seas Explorer to the fleet”. However this was partially offset by five dry-docks during the period.
Wendy Beck, executive vice president and chief financial officer of Norwegian Cruise Line Holdings Ltd, said the outlook was positive: “A strong end to the most successful Wave season in recent history resulted in a meaningful improvement in our full year booked position, with both occupancy and pricing now well ahead of prior year,” she said.
Last month NCL took delivery of Norwegian Joy, a ship custom-designed for the Chinese market. The vessel will be christened in Shanghai on June 27.
Beck added that the current positive momentum “has been partially offset by recent uncertainties in Norwegian Joy’s Chinese source market caused by the South Korea travel restriction”, but concluded: “Taking all factors into account, we are on track to deliver another year of solid financial performance and double-digit adjusted EPS growth.”