Royal Caribbean Cruises （Nor） ：Key Takeaways from Q2'24 Results

Deutsche Bank Research North America High Yield Corporates Consumer Services, Leisure & Gaming Company Royal Caribbean Cruises (Nor) Date 25 July 2024 Key Takeaways from Q2'24 Results Royal Caribbean reported Adjusted EBITDA of $1.55 billion (+32.4$1.17 billion in Q2'23) on revenue of $4.11 billion (+16.7$3.52 billion in Q2'23). We note that Adjusted EBITDA was ahead of consensus expectations (~$1.42 billion). Management noted RCL achieved all three Trifecta goals on a trailing 12- month b ...