Q1 2025 Carnival Corp and Carnival PLC Earnings Call Transcript

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Mar 21, 2025

Mar 21, 2025 / 02:00PM GMT
Operator

Greetings, and welcome to the Carnival Corporation & plc's conference call. (Operator Instructions) As a reminder, this conference is being recorded.

It's now my pleasure to introduce your host, Beth Roberts, Senior Vice President, Investor Relations. Thank you, Beth. You may begin.

Beth Roberts - Carnival Corporation & plc - Senior Vice President, Invest Relations

Thank you. Good morning, and welcome to our first-quarter 2025 earnings conference call. I'm joined today by our CEO, Josh Weinstein; our Chief Financial Officer, David Bernstein; and our Chair, Micky Arison.

Before we begin, please note that some of our remarks on this call will be forward-looking. Therefore, I will refer you to the forward-looking statement in today's press release. All references to ticket prices, yields, and cruise costs without fuel will be in constant currency unless otherwise stated. References to yields will be on a net basis. References to cruise costs without fuel, EBITDA, net income, and ROIC will be on an adjusted basis, unless otherwise stated.

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