DirectorsTalk Interviews

Tag: CCL

  • Carnival Plc prices €1 billion 4.125% notes, due 2031

    Carnival Plc prices €1 billion 4.125% notes, due 2031

    Carnival Corporation & plc (NYSE:CUK) has announced that Carnival plc (LON:CCL) priced its private offering of €1.0 billion aggregate principal amount of 4.125% senior unsecured notes due 2031. The Company expects to use the proceeds from the Notes Offering to fully repay the borrowings under Carnival Corporation’s first-priority senior secured term loan facility maturing in 2027 and to repay a portion of the borrowings under Carnival Corporation’s first-priority senior secured term loan facility maturing in 2028. In conjunction with the Company’s prepayment of $450.0 million on June 27, 2025 towards the 2027 Term Loan Facility, this transaction builds on its continuing efforts to deleverage, reduce interest expense, simplify its capital structure and manage its maturity profile.

    The Notes Offering is expected to close on July 7, 2025, subject to customary closing conditions. The indenture that will govern the Notes will have investment grade-style covenants.

    The Notes will pay interest annually on July 15 of each year, beginning on July 15, 2026, at a rate of 4.125% per year. The Notes will be unsecured and will mature on July 15, 2031. The Notes will be fully and unconditionally guaranteed on an unsecured basis, jointly and severally, by Carnival Corporation and initially certain of the Company’s and Carnival Corporation’s subsidiaries that also guarantee our first-priority secured indebtedness, certain of our other unsecured notes and our convertible notes.

    The Notes are being offered only to persons reasonably believed to be qualified institutional buyers in reliance on Rule 144A under the Securities Act of 1933, as amended, and outside the United States, only to non-U.S. investors pursuant to Regulation S under the Securities Act.

    The Notes will not be registered under the Securities Act or any state securities laws and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the Securities Act and applicable state laws.

  • Carnival to host Q2 2025 results call on 24 June

    Carnival to host Q2 2025 results call on 24 June

    Carnival Corporation & Plc (NYSE/LON: CCL; NYSE: CUK) has scheduled a conference call with analysts for Tuesday, June 24, 2025, at 10 a.m. (EDT); 3 p.m. (BST) to discuss the company’s second quarter financial results which are expected to be released that morning.

    A simulcast of the call will be available via the company’s websites at www.carnivalcorp.com and www.carnivalplc.com.

  • Market Fallers: Associated British Foods, Burberry Group, Carnival

    The share price for Associated British Foods ticker code: LON:ABF has decreased -1.7% or -34 points throughout today’s trading session so far. Sellers aired on the negative side during this period. The high for the period has reached 2066 while the low for the session was 2019. The total volume traded so far comes to 370,853 while the daily average number of shares exchanged is 1,294,438. The 52 week high for the shares is 2528 which comes in at 470 points difference from the previous close and the 52 week low at 1719 which is a variance of 339 points. Associated British Foods has a 20 SMA of 1842.29 and now the 50 day simple moving average now of 1880.48. Market capitalisation for the company is £16,001.00m at the time of this report. The stock is traded in GBX. Mcap is measured in GBP. This article was written with the last trade for Associated British Foods being recorded at Thursday, November 11, 2021 at 11:51:32 AM GMT with the stock price trading at 2024.84 GBX.

    The stock price for Burberry Group with ticker code: LON:BRBY has dropped -5.96% or -124 points throughout today’s trading session so far. Traders have so far given a mostly negative outlook during this period. The periods high has already touched 1868 dropping as low as 1767.5. Volume total for shares traded during this period was 1,950,383 with the daily average traded share volume around 1,010,113. The 52 week high is 2267 about 300 points different to the previous business close and a 52 week low sitting at 1575 which is a difference of 392 points. Burberry Group now has a 20 simple moving average of 1933.22 with a 50 day moving average now at 1896.46. This puts the market cap at £7,499.81m at the time of this report. Share price is traded in GBX. Mcap is measured in GBP. This article was written with the last trade for Burberry Group being recorded at Thursday, November 11, 2021 at 11:57:33 AM GMT with the stock price trading at 1841.5 GBX.

    Shares in Carnival EPIC code: LON:CCL has decreased -2.41% or -40.71 points throughout today’s trading session so far. Investors were not positive throughout the trading session. The high for the period has reached 1611.14 and a low of 1571.2. The total volume of shares exchanged so far has reached 313,266 while the average shares exchanged is 1,206,668. The 52 week high is 1890.2 which is 274.6 points in difference on the previous days close and a 52 week low being 1024 a difference of some 591.6 points. Carnival has a 20 day moving average of 1562.2 and now a 50 day MA at 1604.62. The market capitalisation is now £19,462.46m at the time of this report. The currency for this stock is GBX. Market cap is measured in GBP. This article was written with the last trade for Carnival being recorded at Thursday, November 11, 2021 at 12:03:05 PM GMT with the stock price trading at 1575.8 GBX.

  • Market Risers: Carnival, Centrica, City of London Investment Group, Compass Group

    The share price for Carnival found using EPIC: LON:CCL has increased 2.18% or 36.76 points during today’s session so far. Market buyers have stayed positive during this period. The periods high has already touched 1739.2 and a low of 1650.4. Volume total for shares traded at this point reached 900,074 with the daily average traded share volume around 1,046,086. A 52 week share price high is 1890.2 which comes in at 207 points in difference to the previous days close of business and a 52 week low sitting at 803 a difference of some 880.2 points. Carnival now has a 20 SMA of 1570.91 and the 50 day simple moving average now of 1530.07. The market capitalisation currently stands at £21,523.46m at the time of this report. The share price is in GBX. Mcap is measured in GBP. This article was written with the last trade for Carnival being recorded at Monday, September 27, 2021 at 12:37:22 PM GMT with the stock price trading at 1719.96 GBX.

    Shares of Centrica EPIC code: LON:CNA has moved up 2.27% or 1.23 points during today’s session so far. Market buyers are a positive bunch throughout the session. The periods high figure was 55.58 while the low for the session was 54.27. The amount of shares exchanged has so far reached 6,801,552 with the daily average traded share volume around 20,816,876. A 52 week share price high is 59.32 which comes in at 5.3 points in difference to the previous days close of business and a 52 week low sitting at 35.69 which is a variance of 18.33 points. Centrica has a 20 SMA of 52.88 and the 50 day simple moving average now at 51.03. This puts the market capitalisation now at £3,248.81m at the time of this report. All share prices mentioned for this stock are traded in GBX. Mcap is measured in GBP. This article was written with the last trade for Centrica being recorded at Monday, September 27, 2021 at 12:36:14 PM GMT with the stock price trading at 55.25 GBX.

    Shares of City of London Investment Group ticker code: LON:CLIG has climbed 3.53% or 19 points during today’s session so far. Market buyers seem confident during the session. Range high for the period so far is 567.91 dropping as low as 534.94. The number of shares traded by this point in time totalled 17,408 whilst the daily average number of shares exchanged is just 15,652. The stock 52 week high is 567.91 around 28.91 points in difference on the previous days close and a 52 week low being 381 a difference of some 158 points. City of London Investment Group now has a 20 simple moving average of 532.39 and now a 50 day moving average now of 530.62. The market capitalisation is now £282.79m at the time of this report. The stock is traded in GBX. Mcap is measured in GBP. This article was written with the last trade for City of London Investment Group being recorded at Monday, September 27, 2021 at 12:23:51 PM GMT with the stock price trading at 558 GBX.

    Shares of Compass Group company symbol: LON:CPG has moved up 3.64% or 54 points throughout today’s trading session so far. Investors have remained optimistic during the trading session. Range high for the period so far is 1545 while the low for the session was 1474.75. The total volume of shares exchanged through this period comes to 856,554 with the daily average number around 3,046,695. The 52 week high for the share price is 1657.03 some 174.03 points difference from the previous days close and putting the 52 week low at 1029 which is a variance of 454 points. Compass Group has a 20 day moving average of 1491.44 and also a 50 day SMA of 1501.53. The market cap now stands at £27,420.57m at the time of this report. The share price is in GBX. Mcap is measured in GBP. This article was written with the last trade for Compass Group being recorded at Monday, September 27, 2021 at 12:37:07 PM GMT with the stock price trading at 1537 GBX.

  • Carnival Cruise Line Notifies Guests Of Cruise Cancellations

    Carnival Cruise Line Notifies Guests Of Cruise Cancellations

    Carnival plc (LON:CCL) have announced today that Carnival Cruise Line is notifying guests of additional cruise cancellations and the extension of its pause in all operations from U.S. ports through June 30, 2021.

    Booked guests and travel advisors are being notified directly of the cancellations and the options for a future cruise credit plus onboard credit package, or a full refund. To provide flexibility for guests booked on July itineraries that remain in the schedule, Carnival is extending final payment deadlines for all July sailings to May 31, 2021, with the ability to cancel without penalty.

    “We know that this is very disappointing to our guests who continue to be eager to sail, and we remain committed to working with the Administration and the CDC to find a workable solution that best serves the interest of public health. We are asking that the cruise industry be treated on par with the approach being taken with other travel and tourism sectors, as well as U.S. society at large,” said Christine Duffy, president of Carnival Cruise Line.

    “While we have not made plans to move Carnival Cruise Line ships outside of our U.S. homeports, we may have no choice but to do so in order to resume our operations which have been on ‘pause’ for over a year. We appreciate the continued patience and support from our loyal guests, travel advisors and business partners as we work on a return-to-service solution.”

  • Market Risers: Barclays, Cambria Automobiles, Carnival, DWF Group

    Shares in Barclays with EPIC code: LON:BARC has moved up 2.61% or 4.48 points during the course of today’s session so far. Buyers have so far held a positive outlook throughout the session. The period high was 177.46 dropping as low as 173.11. The volume total for shares traded up to this point was 30,364,402 whilst the average number of shares exchanged is 52,345,535. A 52 week high for the stock is 177.46 about 5.88 points difference from the previous days close and the 52 week low at 73.04 which is a difference of 98.54 points. Barclays now has a 20 moving average of 158.84 and the 50 day moving average now at 152.95. The market capitalisation currently stands at £30,563.19m at the time of this report. The share price is in Great British pence. Mcap is measured in GBP. This article was written with the last trade for Barclays being recorded at Monday, March 8, 2021 at 12:31:52 PM GMT with the stock price trading at 176.06 GBX.

    Shares of Cambria Automobiles EPIC code: LON:CAMB has increased 5% or 3 points in today’s trading session so far. Investors seem confident during the trading session. The high for the period has reached 64 meanwhile the session low reached 62.5. The total volume of shares exchanged through this period comes to 196,754 with the daily average at 42,084. The 52 week high for the share price is 68 some 8 points difference from the previous days close and putting the 52 week low at 32 a difference of some 28 points. Cambria Automobiles has a 20 SMA of 64.16 with a 50 day moving average at 61.63. The market capitalisation is now £63.00m at the time of this report. The stock is traded in GBX. Mcap is measured in GBP. This article was written with the last trade for Cambria Automobiles being recorded at Monday, March 8, 2021 at 11:06:26 AM GMT with the stock price trading at 63 GBX.

    The trading price for Carnival EPIC code: LON:CCL has stepped up 7.33% or 112.28 points during the course of today’s session so far. Buyers are a positive bunch during the session. The period high has peaked at 1644.5 dropping as low as 1576. The total volume of shares traded by this point was 737,840 with the daily average at 1,910,987. The 52 week high is 2129 amounting to 598 points difference from the previous days close and putting the 52 week low at 581 a difference of some 950 points. Carnival has a 20 day moving average of 1527.08 and now a 50 day MA at 1406.33. This puts the market capitalisation now at £23,123.21m at the time of this report. The stock is traded in GBX. Mcap is measured in GBP. This article was written with the last trade for Carnival being recorded at Monday, March 8, 2021 at 12:31:55 PM GMT with the stock price trading at 1643.28 GBX.

    Shares of DWF Group EPIC code: LON:DWF has increased 6.15% or 4.8 points in today’s trading session so far. Traders seem confident during the session. The high for the period has peaked at 82.8 meanwhile the session low reached 78.2. The number of shares traded by this point in time totalled 34,828 while the average shares exchanged is 123,056. A 52 week share price high is 140 equating to 62 points difference from the previous days close and the 52 week low at 45 which is a difference of 33 points. DWF Group now has a 20 SMA at 84.09 with a 50 day simple moving average now at 84.54. The market cap now stands at £268.73m at the time of this report. The share price is in Great British pence. Mcap is measured in GBP. This article was written with the last trade for DWF Group being recorded at Monday, March 8, 2021 at 12:23:13 PM GMT with the stock price trading at 82.8 GBX.

  • Market Fallers: Anglo American, Antofagasta, BAE Systems, Carnival

    The share price for Anglo American found using EPIC: LON:AAL has declined -4.02% or -113 points during the course of today’s session so far. Sellers have so far given a mostly negative outlook throughout the session. The period high has peaked at 2784.5 and a low of 2692. The number of shares traded by this point in time totalled 1,308,885 with the daily average traded share volume around 3,306,995. A 52 week share price high is 2846.5 which is 33.5 points in difference to the previous days close of business and a 52 week low sitting at 1018.2 is a variance of 1794.8 points. Anglo American has a 20 SMA of 2626.74 and now the 50 day moving average at 2427.27. Market capitalisation is now £36,669.67m at the time of this report. Share price is traded in GBX. Mcap is measured in GBP. This article was written with the last trade for Anglo American being recorded at Friday, January 15, 2021 at 12:40:07 PM GMT with the stock price trading at 2700 GBX.

    The share price for Antofagasta company symbol: LON:ANTO has dropped -2.32% or -36.5 points throughout today’s trading session so far. Traders have so far given a mostly negative outlook during the session. Range high for the period so far is 1572.5 dropping as low as 1532. The amount of shares exchanged has so far reached 245,804 with the daily average traded share volume around 1,467,869. A 52 week share price high is 1616.5 amounting to 44.5 points difference from the previous days close and putting the 52 week low at 575 a difference of some 997 points. Antofagasta now has a 20 moving average of 1512.22 and the 50 day moving average of 1361.67. The market capitalisation is now £15,089.28m at the time of this report. The currency for this stock is GBX. Market cap is measured in GBP. This article was written with the last trade for Antofagasta being recorded at Friday, January 15, 2021 at 12:40:00 PM GMT with the stock price trading at 1535.5 GBX.

    Shares in BAE Systems with EPIC code: LON:BA has declined -2.2% or -11.05 points in today’s trading session so far. Traders have so far given a mostly negative outlook throughout the session. The high for the period has peaked at 499 and hitting a low of 487.3. The total volume of shares traded by this point was 2,198,341 with the daily average at 7,624,489. A 52 week high for the stock is 672.8 around 171.2 points in difference on the previous days close and a 52 week low being 395.9 which is a variance of 105.7 points. BAE Systems now has a 20 moving average of 503.76 and the 50 day SMA of 506.01. The market cap now stands at £15,786.47m at the time of this report. The share price is in GBX. Mcap is measured in GBP. This article was written with the last trade for BAE Systems being recorded at Friday, January 15, 2021 at 12:39:59 PM GMT with the stock price trading at 490.55 GBX.

    Stock in Carnival company symbol: LON:CCL has stepped down -2.59% or -34.5 points throughout today’s trading session so far. Traders were not positive throughout the trading session. Range high for the period has seen 1317 meanwhile the session low reached 1277. The amount of shares exchanged has so far reached 382,659 with the average number of shares traded daily being 1,368,995. The stock 52 week high is 3728 some 2394 points in difference to the previous days close of business and a 52 week low sitting at 581 which is a difference of 753 points. Carnival now has a 20 SMA of 1367.51 and now its 50 day simple moving average now of 1354.88. This puts the market capitalisation now at £15,719.13m at the time of this report. The share price is in Great British pence. Mcap is measured in GBP. This article was written with the last trade for Carnival being recorded at Friday, January 15, 2021 at 12:40:12 PM GMT with the stock price trading at 1299.5 GBX.

  • Market Risers: Carnival, DWF Group, easyJet, Ilika

    Shares of Carnival with ticker code: LON:CCL has stepped up 3.71% or 48 points throughout the session so far. Traders have remained positive throughout the session. Range high for the period has seen 1354.08 and hitting a low of 1299.24. The volume total for shares traded up to this point was 297,581 with the average number of shares traded daily being 2,268,115. The 52 week high for the shares is 3732 which comes in at 2437 points different to the previous business close and a 52 week low sitting at 581 a difference of some 714 points. Carnival has a 20 SMA of 1443.19 and also a 50 day MA at 1203.46. This puts the market capitalisation now at £17,042.00m at the time of this report. The currency for this stock is GBX. Market cap is measured in GBP. This article was written with the last trade for Carnival being recorded at Tuesday, December 22, 2020 at 12:43:04 PM GMT with the stock price trading at 1343 GBX.

    The share price for DWF Group found using EPIC: LON:DWF has risen 5.53% or 4.2 points during the course of today’s session so far. Market buyers have so far held a positive outlook during the trading session. The period high was 84.14 and a low of 76. Volume total for shares traded during this period was 2,138,001 whilst the average number of shares exchanged is 284,774. The 52 week high for the share price is 143 around 67 points in difference on the previous days close and a 52 week low being 45 a difference of some 31 points. DWF Group now has a 20 SMA of 86.33 and also a 50 day simple moving average now at 83.57. The market capitalisation currently stands at £260.29m at the time of this report. The currency for this stock is Great British pence.Market cap is measured in GBP. This article was written with the last trade for DWF Group being recorded at Tuesday, December 22, 2020 at 12:14:24 PM GMT with the stock price trading at 80.2 GBX.

    The stock price for easyJet found using EPIC: LON:EZJ has gained 4.55% or 34.42 points throughout the session so far. Market buyers have remained positive throughout the session. Range high for the period so far is 803 and a low of 760. Volume total for shares traded during this period was 1,457,081 with the daily average traded share volume around 5,697,296. The 52 week high for the share price is 1570 equating to 812.8 points in difference to the previous days close of business and a 52 week low sitting at 410 is a variance of 347.2 points. easyJet now has a 20 simple moving average of 870.03 with a 50 day simple moving average now at 715.78. Market capitalisation is now £3,615.72m at the time of this report. The currency for this stock is GBX. Market cap is measured in GBP. This article was written with the last trade for easyJet being recorded at Tuesday, December 22, 2020 at 12:43:12 PM GMT with the stock price trading at 791.62 GBX.

    The share price for Ilika company symbol: LON:IKA has stepped up 3.55% or 3.5 points throughout the session so far. Market buyers seem confident during the trading session. The periods high figure was 102 dipping to 97. Volume total for shares traded at this point reached 189,800 with the average number of shares traded daily being 314,159. The 52 week high for the share price is 110 some 11.5 points in difference to the previous days close of business and a 52 week low sitting at 24.1 which is a difference of 74.4 points. Ilika now has a 20 SMA of 102.79 and also a 50 day SMA of 98.1. Market capitalisation for the company is £141.37m at the time of this report. All share prices mentioned for this stock are traded in GBX. Mcap is measured in GBP. This article was written with the last trade for Ilika being recorded at Tuesday, December 22, 2020 at 12:39:03 PM GMT with the stock price trading at 102 GBX.

  • Market Fallers: Carnival, easyJet, Informa, Rolls-Royce Holding

    Stock in Carnival with company EPIC: LON:CCL has slid -2.61% or -36.5 points throughout today’s trading session so far. Sellers were far from a positive bunch during the trading session. Range high for the period has seen 1391 and a low of 1353. The total volume traded so far comes to 407,026 whilst the daily average number of shares exchanged is just 2,425,861. The 52 week high for the shares is 3732 equating to 2333 points difference from the previous days close and the 52 week low at 581 making a difference of 818 points. Carnival now has a 20 moving average of 1394.7 and now a 50 day moving average at 1169.28. The market capitalisation currently stands at £16,187.82m at the time of this report. The currency for this stock is GBX. Market cap is measured in GBP. This article was written with the last trade for Carnival being recorded at Tuesday, December 15, 2020 at 1:03:41 PM GMT with the stock price trading at 1362.5 GBX.

    The trading price for easyJet company symbol: LON:EZJ has moved down -2.85% or -23.53 points in today’s trading session so far. Market sellers aired on the negative side during the session. Range high for the period so far is 825 dropping as low as 782.8. The volume total for shares traded up to this point was 1,223,882 whilst the daily average number of shares exchanged is just 5,906,423. The stock 52 week high is 1570 amounting to 745 points in difference to the previous days close of business and a 52 week low sitting at 410 a difference of some 415 points. easyJet has a 20 SMA of 851.45 and now the 50 day moving average now of 684.92. This puts the market cap at £3,660.70m at the time of this report. All share prices mentioned for this stock are traded in GBX. Mcap is measured in GBP. This article was written with the last trade for easyJet being recorded at Tuesday, December 15, 2020 at 1:03:42 PM GMT with the stock price trading at 801.47 GBX.

    Shares of Informa ticker code: LON:INF has slid -2.78% or -15.4 points throughout the session so far. Traders did not seem confident while the stock has been in play. The periods high has already touched 555.4 and hitting a low of 538.6. The amount of shares exchanged has so far reached 749,151 with the daily average number around 4,591,303. The 52 week high for the shares is 875.4 which is 321 points difference from the previous days close and putting the 52 week low at 326.7 a difference of some 227.7 points. Informa now has a 20 SMA of 568.53 and also a 50 day simple moving average now of 505.15. The market capitalisation is now £8,093.52m at the time of this report. The currency for this stock is Great British pence.Market cap is measured in GBP. This article was written with the last trade for Informa being recorded at Tuesday, December 15, 2020 at 1:03:23 PM GMT with the stock price trading at 539 GBX.

    Stock in Rolls-Royce Holding EPIC code: LON:RR has dropped -4.38% or -5.2 points during the course of today’s session so far. Investors were far from a positive bunch during the session. Range high for the period has seen 117.3 dipping to 113.1. The amount of shares exchanged has so far reached 25,360,276 with the average number of shares traded daily being 92,384,089. The 52 week high price for the shares is 243.99 some 125.24 points in difference on the previous days close and a 52 week low being 34.59 is a variance of 84.16 points. Rolls-Royce Holding now has a 20 simple moving average of 118.68 and now the 50 day MA at 98.31. This puts the market cap at £9,501.59m at the time of this report. The stock is traded in GBX. Mcap is measured in GBP. This article was written with the last trade for Rolls-Royce Holding being recorded at Tuesday, December 15, 2020 at 1:03:50 PM GMT with the stock price trading at 113.55 GBX.

  • Market Risers: Capital Ltd, Carnival, Croda International, easyJet

    The trading price for Capital Ltd with ticker code: LON:CAPD has increased 3.58% or 2.2 points in today’s trading session so far. Buyers have so far held a positive outlook while the stock has been in play. The period high has peaked at 63.7 and hitting a low of 59. The total volume of shares exchanged through this period comes to 40,309 with the average number of shares traded daily being 122,554. A 52 week share price high is 80 amounting to 18.5 points in difference on the previous days close and a 52 week low being 26 which is a variance of 35.5 points. Capital Ltd now has a 20 simple moving average of 64.46 and the 50 day MA at 70.76. Market capitalisation is now £87.26m at the time of this report. The share price is in GBX. Mcap is measured in GBP. This article was written with the last trade for Capital Ltd being recorded at Tuesday, November 10, 2020 at 12:06:19 PM GMT with the stock price trading at 63.7 GBX.

    Stock in Carnival found using EPIC: LON:CCL has climbed 6.47% or 79.5 points during today’s session so far. Traders have remained optimistic during the trading session. The periods high has already touched 1424 dipping to 1232. The number of shares traded by this point in time totalled 3,062,211 with the average number of shares traded daily being 1,881,640. The stock 52 week high is 3732 amounting to 2502.5 points in difference to the previous days close of business and a 52 week low sitting at 581 making a difference of 648.5 points. Carnival has a 20 day moving average of 959.31 and now a 50 day simple moving average now of 1015.78. The market capitalisation currently stands at £13,258.18m at the time of this report. All share prices mentioned for this stock are traded in GBX. Mcap is measured in GBP. This article was written with the last trade for Carnival being recorded at Tuesday, November 10, 2020 at 1:55:04 PM GMT with the stock price trading at 1309 GBX.

    The trading price for Croda International ticker code: LON:CRDA has stepped up 9.19% or 572 points during the course of today’s session so far. Buyers have stayed positive during this period. The periods high has already touched 6794 dipping to 6112. The total volume of shares exchanged through this period comes to 265,414 with the daily average traded share volume around 349,167. The stock 52 week high is 6794 which comes in at 572 points in difference on the previous days close and a 52 week low being 3814 a difference of some 2408 points. Croda International now has a 20 SMA of 6371.09 and now its 50 day moving average now at 6274.42. The current market cap is £8,872.69m at the time of this report. The share price is in GBX. Mcap is measured in GBP. This article was written with the last trade for Croda International being recorded at Tuesday, November 10, 2020 at 1:52:50 PM GMT with the stock price trading at 6794 GBX.

    Stock in easyJet with company EPIC: LON:EZJ has climbed 5.48% or 39.6 points throughout the session so far. Buyers have so far held a positive outlook throughout the trading session. The high for the period has reached 781.6 dropping as low as 721.8. The total volume of shares exchanged so far has reached 6,432,036 while the daily average number of shares exchanged is 4,584,140. The stock 52 week high is 1570 equating to 848 points in difference to the previous days close of business and a 52 week low sitting at 410 which is a difference of 312 points. easyJet has a 20 day moving average of 533.68 and also a 50 day moving average now at 552.02. This puts the market capitalisation now at £3,476.78m at the time of this report. All share prices mentioned for this stock are traded in GBX. Mcap is measured in GBP. This article was written with the last trade for easyJet being recorded at Tuesday, November 10, 2020 at 1:54:59 PM GMT with the stock price trading at 761.6 GBX.

  • Carnival Seabourn will cancel upcoming voyages for three cruise ships

    Carnival Seabourn will cancel upcoming voyages for three cruise ships

    Carnival plc (LON:CCL) Seabourn, the ultra-luxury travel experience, has announced that it will cancel upcoming voyages for three cruise ships in its fleet as a part of its pause in global ship operations.  

    The announcement applies to Seabourn Encore, Seabourn Ovation, and Seabourn Sojourn with each ship having a different “effective through” date. Specific details are as follows:

    • Seabourn Encore: with its operations pause effective through November 25, 2020.
    • Seabourn Ovation: with its operations pause effective through December 20, 2020.
    • Seabourn Sojourn: paused through World Cruise 2021, with its operations pause effective through May 24, 2021.

    The brand had previously announced a pause in its global ship operations from March 14 to November 20, 2020, depending on the ship, effectively cancelling all voyages scheduled to operate during that timeframe. The decision to cancel additional voyages is a proactive action to deal with the circumstances continuing to evolve from the global response to the COVID-19 situation.

    “We’ve been saying for some time that our resumption of service will come gradually, and this action reflects that discussion. The health, safety and well-being of our guests, crew and the people in destinations we visit remain a top priority,” said Josh Leibowitz, president of Seabourn. “Like many who watch the travel industry, we are encouraged by the signs emerging around the world that point to travel’s progress toward return. When our expert science and medical advisors and our destinations support the ability to resume travel on Seabourn, we’ll be ready.”

    Seabourn will be communicating changes for voyages scheduled to depart in the extension timeframe with all booked guests and their travel advisors.

    Guests currently confirmed on Seabourn Sojourn’s 2021 World Cruise will be automatically re-accommodated in the same suite on Seabourn Sojourn’s 2022 World Cruise, at rate paid, within 30 days.

    Guests with impacted cruises (except World Cruise 2021) will automatically be cancelled and all guests will receive Bonus Future Cruise Credits. They can also request a full refund of monies paid to Seabourn. Specific details are as follows:

    • Paid in Full: those guests paid in full will receive 125% Future Cruise Credit of the base cruise fare paid to Seabourn. Guests can also request a full refund of the monies paid to Seabourn.  
    • Under Deposit: those guests with bookings under deposit will receive a Future Cruise Credit valued at 125% of the deposit amount paid. Guests can also request a full refund of the monies paid to Seabourn.   

    The Future Cruise Credit is valid for 12 months from the date of issue and may be used to book sailings departing through Dec. 31, 2022. The amount of non-cruise fare purchases may be transferred to a new booking. Alternatively, guests may request a refund of the monies paid to Seabourn, which will be reimbursed to the original form of payment.  

    Guests and their travel advisors will be sent specific details applicable to their booking. Seabourn asks guests and travel advisors to use the online resources available on its website first rather than calling the Reservation Call Center for information about the cancellations due to the possibility of high call volumes and the potential of long on-hold wait times.

    For reservations or more information about Seabourn, please contact Seabourn at 1-800-929-9391 or visit www.seabourn.com.

    About Seabourn:

    Ultra-luxury Seabourn currently operates a fleet of five modern ships and is a proud member of World’s Leading Cruise Lines. The exclusive alliance also includes Carnival Cruise Lines, Holland America Line, Princess Cruises, Cunard Line, Costa Cruises, AIDA, P&O Cruises UK, and P&O Cruises Australia. Seabourn is a brand of Carnival Corporation and plc (NYSE/LSE: CCL and NYSE: CUK). Seabourn is the official cruise partner of UNESCO World Heritage under a multi-year agreement to help promote sustainable tourism at World Heritage sites around the world.

  • Carnival’s Holland America Line extends its pause of cruise operations

    Carnival’s Holland America Line extends its pause of cruise operations

    With travel and port restrictions continuing for the near future due to global health concerns, Carnival plc (LON:CCL) has announced its Holland America Line is extending its pause of cruise operations and cancelling additional departures from the port of Vancouver, British Columbia, Canada, in 2020, as well as select Hawaii itineraries for early 2021.

    The following cruises are affected:

    Eurodam:

    • Sept. 26, 2020, 22-day Panama Canal cruise from Vancouver to Fort Lauderdale, Florida.

    Koningsdam:

    • Sept. 26, 2020, seven-day Pacific Northwest cruise from Vancouver to San Diego, California.
    • Jan. 16 and Feb. 2, 2021, Circle Hawaii Voyages roundtrip from San Diego.

    Maasdam:

    • Sept. 21, 2020, 16-day Mexico and Sea of Cortez itinerary from Vancouver to San Diego.

    Noordam:

    • Sept. 27, 2020, 14-day North Pacific Crossing from Vancouver to Yokohama, Japan.

    Volendam:

    • Sept. 30, Oct. 3 and Oct. 10, 2020, three- and seven-day Pacific Northwest and coastal cruises from Vancouver.

    Westerdam:

    • Sept. 20, 2020, 17-day Circle Hawaii cruise roundtrip from Vancouver.
    • Oct. 7, 2020, 23-day Inca Discovery voyage from Vancouver to San Antonio (Santiago), Chile.

    All shorter segments within the above cruise departures are cancelled. Collectors’ Voyages that combine back-to-back cruises including the above departure dates are also cancelled.

    Guests Automatically Receive Future Cruise Credit

    Those with impacted cruises automatically will be cancelled, and no action is needed for guests opting for the Future Cruise Credit (FCC). All guests will receive an FCC per person as follows:

    • Paid in Full: Those who had paid in full will receive 125% FCC of the base cruise fare paid to Holland America Line.
    • Not Paid in Full: Those with bookings not paid in full will receive an FCC of double the amount of the deposit paid for the cruise. The minimum FCC is $100 and the maximum will be an amount up to the base cruise fare paid.

    The FCC is valid for 12 months from the date of issue and may be used to book sailings departing through Dec. 31, 2022. All other funds paid to Holland America Line may be transferred to a new booking or will automatically be refunded via the method of payment used to purchase the services.

    Full Refund Option Also Available

    Guests who prefer a 100% refund of monies paid to Holland America Line can visit the Cancellation Preferences form to indicate this preference no later than July 15, 2020.

    The above options are not applicable to guests booked on a charter sailing. Other booking and cancellation conditions and policies may?apply if the cruise was not booked through Holland America Line. See the terms and conditions in the Cancellation Preferences form for all details.

    Recognizing the vital role travel advisors play in the success of the cruise industry, Holland America Line will protect travel advisor commissions on bookings for cancelled cruises that were paid in full and for the total amount of the FCC when rebooked.

    As previously announced, Holland America Line extended its pause of global cruise operations and cancelled all Alaska, Europe and Canada/New England cruises for 2020. In addition, Amsterdam will not operate the 79-day Grand Africa Voyage.

  • Carnival Princess Cruises extends pause in cruise operations

    Carnival Princess Cruises extends pause in cruise operations

    Due to extension of the closure of cruise ports in regions around the world and other factors impacting international travel, Carnival PLC (LON:CCL) Princess Cruises is extending its pause in cruise operations with respect to the following voyages:

    All cruises sailing in and out of Australia through mid-September on Sea Princess, Majestic Princess, Sun Princess and Sapphire Princess

    All cruises in and out of Vancouver and Seattle in September and October on Coral Princess, Emerald Princess, Grand Princess, Royal Princess, Ruby Princess and Star Princess

    Pacific and California Coast 7-day roundtrip cruises from San Francisco departing in September and October 2020 on Star Princess

    All roundtrip cruises from Keelung, Taiwan, departing August 2020 on Majestic Princess

    Guests currently booked on these canceled voyages, who have paid Princess in full, will have the option to receive a refundable Future Cruise Credit (FCC) equivalent to 100% of the cruise fare paid plus an additional non-refundable bonus FCC equal to 25% of the cruise fare (not applicable on charter voyages).

    For guests who have not paid in full, Princess will Double the Deposit, providing a refundable FCC for the money currently on deposit plus a matching bonus FCC that can be used on any voyage through May 1, 2022. The matching bonus FCC is non-refundable, will not exceed the base cruise fare amount of the currently booked cruise and will have a minimum value of $100 per person.

    For Sea Princess, Sun Princess, and Sapphire Princess May and June sailings a different offer was provided.

    In order to receive the above FCC no action is required.

    Alternatively, guests can request a full refund for all monies paid on their booking through this online form. Requests must be received by June 30, 2020, or guest will be registered for the Future Cruise Credit option.

    Princess will protect travel advisor commissions on bookings for cancelled cruises that were paid in full, in recognition of the critical role they play in the cruise line’s business and success.

    The most current information and instructions for booked guests affected by these cancellations, and more information on FCCs and refunds, can be found online at Information on Impacted & Cancelled Cruises.

    About Princess Cruises:

    One of the best-known names in cruising, Princess Cruises is an the fastest growing international premium cruise line and tour company operating a fleet of 18 modern cruise ships, carrying two million guests each year to 380 destinations around the globe, including the Caribbean, Alaska, Panama Canal, Mexican Riviera, Europe, South America, Australia/New Zealand, the South Pacific, Hawaii, Asia, Canada/New England, Antarctica and World Cruises. The company is part of Carnival Corporation & Carnival plc.  

  • Carnival Princess Cruises extends pause of global ship operations through the end of the 2020 summer season

    Carnival Princess Cruises extends pause of global ship operations through the end of the 2020 summer season

    Due to reduced air flight availability, the closure of cruise ports in regions around the world and other factors impacting international travel, Carnival plc (LON:CCL) has announced that Princess Cruises is extending its pause of global ship operations and has therefore made the extremely difficult decision to cancel select cruises through the end of the 2020 summer season, including the following cruises and associated cruisetours:

    • All remaining Alaska cruises on Emerald Princess and Ruby Princess
    • All remaining Europe and Transatlantic cruises on Enchanted Princess, Regal Princess, Sky Princess, Crown Princess and Island Princess
    • Summer Caribbean cruises and all Canada & New England cruises on Caribbean Princess and Sky Princess
    • Summer to Fall cruises departing from Japan on Diamond Princess
    • Australia-based cruises on Sapphire Princess and Sea Princess through August 
    • July cruises sailing from Taiwan on Majestic Princess
    • Fall cruises sailing to Hawaii and French Polynesia on Pacific Princess through November

    “As the world is still preparing to resume travel, it is with much disappointment that we announce an extension of our pause of global ship operations and the cancellation of cruise vacations for our loyal guests,” said Jan Swartz, president of Princess Cruises. “Among other disruptions, airlines have limited their flight availability and many popular cruise ports are closed. It saddens us to think about the impact on the livelihood of our teammates, business partners and the communities we visit.”

    Guests currently booked on these canceled voyages, who have paid Princess in full, will have the option to receive a Future Cruise Credit (FCC) equivalent to 100% of the cruise fare paid plus an additional bonus FCC equal to 25% of the cruise fare.

    For guests who have not paid in full, Princess will Double the Deposit, providing a refundable FCC for the money currently on deposit plus a matching bonus FCC that can be used on any voyage through May 1, 2022. The matching bonus FCC will not exceed the base cruise fare amount of the currently booked cruise and will have a minimum value of $100 per person.

    In order to receive the above FCC no action is required.

    Alternatively, guests can request a full refund for all monies paid on their booking through this online form. Requests must be received by June 15, 2020, or they will receive the refundable Future Cruise Credit option.

    Princess will protect travel advisor commissions on bookings for cancelled cruises that were paid in full, in recognition of the critical role they play in the cruise line’s business and success.

    The most current information and instructions for booked guests affected by these cancellations, and more information on FCCs and refunds, can be found online at Information on Impacted & Cancelled Cruises.

    About Princess Cruises:

    One of the best-known names in cruising, Princess Cruises is an the fastest growing international premium cruise line and tour company operating a fleet of 18 modern cruise ships, carrying two million guests each year to 380 destinations around the globe, including the Caribbean, Alaska, Panama Canal, Mexican Riviera, Europe, South America, Australia/New Zealand, the South Pacific, Hawaii, Asia, Canada/New England, Antarctica and World Cruises. The company is part of Carnival Corporation & plc.

  • Carnival P&O Cruises extends its voluntary pause in operations in Australia and New Zealand

    Carnival P&O Cruises extends its voluntary pause in operations in Australia and New Zealand

    Carnival plc (LON:CCL) P&O Cruises today announced it has extended its voluntary pause in operations in Australia and New Zealand to August 31, 2020, in response to continuing travel restrictions due to the impact of COVID-19.

    P&O Cruises President Sture Myrmell said everyone at P&O looked forward to resuming cruise operations as soon as it was safe to do so but it was clear an extension to the pause was necessary while Australia and New Zealand continue to make progress in combating coronavirus.

    “Australia and New Zealand have led the world in flattening the COVID-19 curve, which adds to our optimism for the future. However, we also recognise that a further extension is the prudent and responsible course,” Mr Myrmell said.

    “In the confident knowledge that cruising will be back, this is an opportunity to update our guests on the latest itinerary plans and to thank them for their understanding and support during this period of uncertainty.

    We look forward to welcoming them back onboard our ships when it is safe to do so.”

    The changes in operations are:

    Australia

    The extended pause in operations will affect sailings on Pacific Dawn scheduled to depart Brisbane between June 16 – August 26, 2020. These itineraries are: W031N, W032N, W033, W034, W035, W036, W037, W038, W039, W040, W041, W042 and W043.

    Pacific Explorer’s cruises from Sydney will now be paused between June 24 – August 24, 2020 and this affects: X027, X028, X029, X030, X031, X032, X033, X034, X035 and X036.

    New Zealand

    Pacific Aria’s scheduled cruises from Auckland will be postponed from July 4 – August 23, 2020:  A036, A037, A038, A039, A040 and A041.

    Compensation for cancelled cruises from May 5, 2020

    Guests whose cruises have been impacted by the extended pause in operations are eligible for a full refund or a future cruise credit equal to the cost of their original cruise plus an onboard credit offer.

    P&O will make direct contact with guests whose cruises have been affected to let them know of this development and apologise for the disruption to future holiday plans.

    Travel agent commission will be fully protected for bookings paid in full as at May 4, 2020 and those cancellations that occurred within the final payment date.

    Carnival plc is a British-American cruise operator, currently the world’s largest travel leisure company, with a combined fleet of over 100 vessels across 10 cruise line brands

  • Carnival PLC ongoing effects of COVID-19 will have a material negative impact on financial results and liquidity

    Carnival PLC ongoing effects of COVID-19 will have a material negative impact on financial results and liquidity

    Carnival PLC (LON:CCL) has today disclosed summary financial information for the quarter ended February 29, 2020, in connection with previously disclosed financing activities to improve its liquidity position.

    First Quarter 2020 Summary Information

    • U.S. GAAP net loss of $(781) million, or $(1.14) diluted EPS, for the first quarter of 2020, compared to U.S. GAAP net income for the first quarter of 2019 of $336 million, or $0.48 diluted EPS. First quarter 2020 net loss includes $932 million of goodwill and ship impairment charges, reduced by net gains on ship sales.
    • First quarter 2020 adjusted net income of $150 million, or $0.22 adjusted EPS, compared to adjusted net income of $338 million, or $0.49 adjusted EPS, for the first quarter of 2019. First quarter 2020 adjusted net income excludes net charges of $932 million for the first quarter of 2020 and net charges of $2 million for the first quarter of 2019.
    • The impact of COVID-19 on the first quarter 2020 net loss is approximately $0.23 per share, which includes cancelled voyages and other voyage disruptions, and excludes the impairment charges described above. Other previously disclosed voyage disruptions, noted during the Corporation’s December earnings conference call, also impacted first quarter 2020 results by approximately $0.12 per share.
    • Total revenues for the first quarter of 2020 were $4.8 billion, higher than $4.7 billion in the prior year.

    Outlook 

    For the first half of 2021, booking volumes since the Corporation’s last conference call in mid-December through March 1, 2020, have been running slightly higher than the prior year. Also for the first half of 2021 and during the two weeks ended March 15, 2020, the Corporation booked 546,000 Occupied Lower Berth Days (“OLBD”), albeit considerably behind the prior year pace.  As of March 15, 2020, cumulative advanced bookings for the first half of 2021, are slightly lower than the prior year.

    Wave season started strong with booking volumes for the three weeks ending January 26, 2020, running higher than the prior year for the remaining three quarters of the year on a comparable basis. For the seven week period beginning January 26, 2020 and ending March 15, 2020, booking volumes for the remainder of the year were meaningfully behind the prior year on a comparable basis as a result of the effects of COVID-19. As of March 15, 2020, cumulative advanced bookings for the remainder of 2020, are meaningfully lower than the prior year at prices that are considerably lower than the prior year on a comparable basis, reflecting the impact of COVID-19.

    The Corporation previously announced a voluntary, temporary pause of its global fleet operations across all brands. The Corporation believes the ongoing effects of COVID-19 on its operations and global bookings will have a material negative impact on its financial results and liquidity. The Corporation also believes the effects of COVID-19 on the shipyards where its ships are under construction, will result in a delay in ship deliveries. The Corporation is taking additional actions to improve its liquidity, including capital expenditure and expense reductions, and pursuing additional financing. Given the uncertainty of the situation, the Corporation is currently unable to provide an earnings forecast, however it expects a net loss on both a U.S. GAAP and adjusted basis for the fiscal year ending November 30, 2020.

    Capital Resources

    As of February 29, 2020, the Corporation had a total of $11.7 billion of liquidity. This included $3.0 billion of immediate liquidity plus $2.8 billion from four committed export credit facilities that are available to fund the originally planned ship deliveries for the remainder of this year and $5.9 billion from committed export credit facilities that are available to fund ship deliveries originally planned  in 2021 and beyond. On March 13, 2020, the Corporation fully drew down its $3.0 billion multi-currency revolving credit agreement (“Facility Agreement”). The Corporation borrowed under the Facility Agreement in order to increase its cash position and preserve financial flexibility in light of current uncertainty in the global markets resulting from the COVID-19 outbreak.

    Substantially all of the Corporation’s assets, with the exception of certain ships with a net book value of approximately $6 billion as of February 29, 2020, are currently available to be pledged as collateral.

    Explanations of Non-GAAP Financial Measures

    We believe that gains and losses on ship sales, impairment charges, restructuring costs and other gains and expenses are not part of our core operating business and are not an indication of our future earnings performance. Therefore, we believe it is more meaningful for these items to be excluded from our net income (loss) and earnings per share and, accordingly, we present adjusted net income and adjusted earnings per share excluding these items.

    Definitions

    OLBDs represent the quantity of available lower berth days (“ALBD”) that are booked for sailing.

    ALBD is a standard measure of passenger capacity for the period that is used to approximate rate and capacity variances, based on consistently applied formulas used to perform analyses to determine the main non-capacity driven factors that cause cruise revenues and expenses to vary. ALBDs assume that each cabin offered for sale accommodates two passengers and is computed by multiplying passenger capacity by revenue-producing ship operating days in the period.

    Cautionary Note Concerning Factors That May Affect Future Results

    Carnival Corporation and Carnival plc and their respective subsidiaries are referred to collectively in this document as “Carnival Corporation & plc,” “our,” “us” and “we.” Some of the statements, estimates or projections contained in this document are “forward-looking statements” that involve risks, uncertainties and assumptions with respect to us, including some statements concerning future results, outlooks, plans, goals and other events which have not yet occurred. These statements are intended to qualify for the safe harbors from liability provided by Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. All statements other than statements of historical facts are statements that could be deemed forward-looking. These statements are based on current expectations, estimates, forecasts and projections about our business and the industry in which we operate and the beliefs and assumptions of our management. We have tried, whenever possible, to identify these statements by using words like “will,” “may,” “could,” “should,” “would,” “believe,” “depends,” “expect,” “goal,” “anticipate,” “forecast,” “project,” “future,” “intend,” “plan,” “estimate,” “target,” “indicate,” “outlook,” and similar expressions of future intent or the negative of such terms.

    Forward-looking statements include those statements that relate to our outlook and financial position including, but not limited to, statements regarding:

    •Net revenue yields•Net cruise costs, excluding fuel per available lower berth day
    •Booking levels•Estimates of ship depreciable lives and residual values
    •Pricing and occupancy•Goodwill, ship and trademark fair values
    •Interest, tax and fuel expenses•Liquidity
    •Currency exchange rates•Adjusted earnings per share

    Because forward-looking statements involve risks and uncertainties, there are many factors that could cause our actual results, performance or achievements to differ materially from those expressed or implied by our forward-looking statements. This note contains important cautionary statements of the known factors that we consider could materially affect the accuracy of our forward looking statements and adversely affect our business, results of operations and financial position. It is not possible to predict or identify all such risks. There may be additional risks that we consider immaterial or which are unknown. These factors include, but are not limited to, the following:

    • COVID-19 has negatively impacted and may continue to impact the ability or desire of people to travel, including on cruises, and may impact our ability to obtain acceptable financing to fund any resulting shortfalls in cash from operations.
    • World events impacting the ability or desire of people to travel may lead to a decline in demand for cruises 
    • Incidents concerning our ships, guests or the cruise vacation industry as well as adverse weather conditions and other natural disasters may impact the satisfaction of our guests and crew and lead to reputational damage
    • Changes in and non-compliance with laws and regulations under which we operate, such as those relating to health, environment, safety and security, data privacy and protection, anti-corruption, economic sanctions, trade protection and tax may lead to litigation, enforcement actions, fines, penalties, and reputational damage
    • Breaches in data security and lapses in data privacy as well as disruptions and other damages to our principal offices, information technology operations and system networks and failure to keep pace with developments in technology may adversely impact our business operations, the satisfaction of our guests and crew and lead to reputational damage   
    • Ability to recruit, develop and retain qualified shipboard personnel who live away from home for extended periods of time may adversely impact our business operations, guest services and satisfaction
    • Increases in fuel prices, changes in the types of fuel consumed and availability of fuel supply may adversely impact our scheduled itineraries and costs
    • Fluctuations in foreign currency exchange rates may adversely impact our financial results
    • Overcapacity and competition in the cruise and land-based vacation industry may lead to a decline in our cruise sales, pricing and destination options
    • Geographic regions in which we try to expand our business may be slow to develop or ultimately not develop how we expect
    • Inability to implement our shipbuilding programs and ship repairs, maintenance and refurbishments may adversely impact our business operations and the satisfaction of our guests

    The ordering of the risk factors set forth above is not intended to reflect our indication of priority or likelihood.

    Forward-looking statements should not be relied upon as a prediction of actual results. Subject to any continuing obligations under applicable law or any relevant stock exchange rules, Carnival expressly disclaim any obligation to disseminate, after the date of this document, any updates or revisions to any such forward-looking statements to reflect any change in expectations or events, conditions or circumstances on which any such statements are based.

  • Carnival announce four additional North American cruise line brands to take voluntary month-long pause

    Carnival announce four additional North American cruise line brands to take voluntary month-long pause

    Carnival PLC (LON:CCL), the world’s largest leisure travel company, today announced that four additional North American cruise line brands will take a voluntary month-long pause, suspending new cruise voyages.

    The brands include Carnival Cruise Line, Cunard North America, Holland America Line and Seabourn. The company’s Princess Cruises brand previously announced it is pausing operations for 60 Days

    The pause in cruise operations is being made out of an abundance of caution to support the global effort to contain the spread of the COVID-19 coronavirus.

    Individually, each brand is communicating with guests to provide direction regarding the disruption to their cruise vacations.

    Date of resumed cruise operations also will be communicated by each respective brand and available on their websites.

    The company and its brands are also notifying crew members, travel professionals, suppliers and other stakeholders.

    “Through serving our many guests who still wanted to travel, we’ve stood with all the people in the port communities here in the U.S., and in the other places we sail, who are dependent on us for their livelihood,” said Arnold Donald, CEO of Carnival Corporation. “And today we stand with the nation as we together seek to mitigate the spread.”

  • Carnival PLC Half-year Report

    Carnival PLC Half-year Report

    Carnival plc (LON:CCL) today announced it has filed its joint Quarterly Report on Form 10-Q with the U.S. Securities and Exchange Commission containing the Carnival Corporation & plc 2019 three and six months unaudited consolidated financial statements, which reported results are unchanged from those previously announced on June 20, 2019.

    The information included in the attached Schedules A, B and C is extracted from the Form 10-Q and has been prepared in accordance with SEC rules and regulations. The Carnival Corporation & plc unaudited consolidated financial statements contained in the Form 10-Q have been prepared in accordance with generally accepted accounting principles in the United States of America (“U.S. GAAP”).

    •       Schedule A contains the Carnival Corporation & plc unaudited consolidated financial statements as of and for the three and six months ended May 31, 2019

    •       Schedule B contains management’s discussion and analysis (“MD&A”) of financial conditions and results of operations

    •       Schedule C contains information on Carnival Corporation and Carnival plc’s sales and purchases of their equity securities and use of proceeds from such sales

    In addition, the Directors are today presenting in the attached Schedule D, the unaudited interim condensed financial statements for the Carnival plc Group (“Interim Financial Statements”) as of and for the six months ended May 31, 2019. The Interim Financial Statements exclude the consolidated results of Carnival Corporation and are prepared under International Financial Reporting Standards as adopted by the European Union.

    The Directors consider that within the Carnival Corporation and Carnival plc dual listed company (“DLC”) arrangement, the most appropriate presentation of Carnival plc’s results and financial position is by reference to the Carnival Corporation & plc U.S. GAAP unaudited consolidated financial statements (“DLC Financial Statements”).

    All these schedules (A, B, C & D) are presented together as Carnival plc’s Group half-yearly financial report in accordance with the requirements of the UK Disclosure Guidance and Transparency Rules.