Royal Caribbean records best Q3 re­sults

Cruise Weekly - - NEWS -

ROYAL Caribbean Cruises has recorded the strong­est third quar­ter fi­nan­cial re­sults in the com­pany’s 20-year his­tory.

US GAAP and Ad­justed Net In­come for Q3 came in at US$752.8m, up by US$59.5m on the same pe­riod last year.

As­sist­ing the bot­tom line was a re­duc­tion in op­er­at­ing costs for the quar­ter, most no­tably a de­crease in fuel costs.

RCL were happy with the re­sults, es­pe­cially in light of the quar­ter hav­ing been ad­versely af­fected by the re­cent spate of hur­ri­canes that saw trips can­celled, cost­ing the com­pany an es­ti­mated US$55m.

“De­liv­er­ing record earn­ings dur­ing a pe­riod of such un­prece­dented dis­rup­tion is a tes­ta­ment to the strength of our brands,” said Ja­son T. Lib­erty, ex­ec­u­tive vice pres­i­dent and chief fi­nan­cial of­fi­cer.

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