ROYAL Caribbean Cruises achieved a 25% rise in earnings for the full year 2016 & is predicting a fifth successive year of double digit earnings growth in 2017. The company reported its US GAAP net income of $1.28 billion, versus $665.8 million in 2015. Constant-currency and as-reported net yields are...
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ROYAL Caribbean Cruises achieved a 25% rise in earnings for the full year 2016 & is predicting a fifth successive year of double digit earnings growth in 2017.
The company reported its US GAAP net income of $1.28 billion, versus $665.8 million in 2015.
Constant-currency and as-reported net yields are expected to be up 4.5% to 5.0% and approximately 5.0%, respectively, in the first quarter of 2017 from demand in Australia for Oviation of the Seas and in the Caribbean for Harmony of the Seas.
Meanwhile, in Feb Royal Caribbean Int’l & Celebrity Cruises settled all claims related to alleged violations of the Alaska Marine Visible Emission Standards that occurred over the previous 5 years on certain vessels.
The company agreed to pay an undisclosed amount and to perform certain remedial actions.
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