Carnival PLC (MEX:CCL)
MXN 478.02 0 (0%) Market Cap: 613.99 Bil Enterprise Value: 1.17 Til PE Ratio: 17.50 PB Ratio: 3.62 GF Score: 61/100
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Q1 2023 Carnival Corp and Carnival PLC Business Update Call Transcript

Mar 27, 2023 / 02:00PM GMT
Release Date Price: MXN182.7
Josh Weinstein
Carnival Corporation & plc - President, CEO, Chief Climate Officer & Director

Good morning. This is Josh Weinstein. Welcome to our first quarter 2023 business update conference call. I'm joined today by our Chair, Micky Arison; our Chief Financial Officer, David Bernstein; and our Senior Vice President of Investor Relations, Beth Roberts.

Before I begin, please note that some of our remarks on this call will be forward-looking. Therefore, I must refer you to the cautionary statement in today's press release.

Consistent with our last business update, we remain on an upward trajectory as we further closed the gap to 2019. We are still experiencing a record wave season, which started early, gained strength and has extended later into the year. We expect these favorable trends to continue based on the traction we're making to our ongoing effort to drive demand globally.

In the first quarter, we outperformed our guidance on all measures: Revenue, costs, adjusted EBITDA and earnings, while overcoming over $30 million in headwinds from fuel price and currency

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