Norwegian Cruise Line Holdings – which owns both NCL and Oceania Cruises – has maintained its full year profit figures following a solid first quarter performance.
The group lowered its first quarter net loss by nearly $58m, to just over $40m and saw adjusted earnings of $453m beat its own expectations.
Total revenue for the first three months of the year totalled $2.1bn; down 3% due to a lower number of capacity days.
“We kicked off 2025 with solid first quarter results, demonstrating the continued momentum of our Charting the Course strategy in building a strong foundation for long-term success and delivering on our vision for guests to Vacation Better | Experience More,” said Harry Sommer, president and chief executive officer of Norwegian Cruise Line Holdings Ltd. “We welcomed Norwegian Aqua—NCL’s first Prima Plus Class vessel and completed impactful refurbishments on Norwegian Bliss and Norwegian Breakaway. In addition, our recently announced new amenities at Great Stirrup Cay will further enhance the guest experience on our Caribbean voyages, which continue to grow as we expand our fleet.”
“Looking ahead, our proven track record of long-term Net Yield growth, strong cost control, continued record guest satisfaction scores and guest repeat rates give us confidence about our future. Thus, as we remain mindful of the evolving macroeconomic environment and despite recent volatility, we are maintaining our full year 2025 Adjusted EBITDA and Adjusted EPS guidance. While we recognize there may be potential pressures on the top line, we believe these can be effectively offset by the continued execution of our cost savings initiatives. Our focus remains on managing the business for the long term – balancing disciplined pricing and cost control with guest experience and strategic investments for the future.”
