sector: Cyclical Consumer Goods & Services ·
industry: Hotels, Motels & Cruise Lines ·
As of
25 Nov 2009
33.03USD
Carnival Corporation is a cruise and vacation company. The Company has a portfolio of cruise brands and is a provider of cruises to all vacation destinations. The cruise brands of the Company includes Carnival Cruise Lines, Princess Cruises (Princess), Costa Cruises (Costa), Holland America Line, P&O Cruises, AIDA Cruises (AIDA), Cunard Line (Cunard), Ibero Cruises (Ibero), Ocean Village, P&O Cruises Australia and The Yachts of Seabourn (Seabourn). In addition to the cruise operations, the Company owns Holland America Tours and Princess Tours, the cruise/tour operators in the State of Alaska and the Yukon Territory of Canada.
BRIEF: For the nine months ended 31 August 2009, Carnival Corporation's revenues decreased 12% to $9.95B. Net income decreased 18% to $1.60B. Revenues reflect lower income from Cruise segment and decreased other revenue segment. Net income also reflects an increase in other ship operating expenses, lower operating income, an increase in depreciation & amortization expenses and lower interest income.
Carnival Corporation
3655 N.W. 87th Avenue
Miami FL 33178
P: +1305.5992600
F: +1305.4714700