Carnival PLC (MEX:CCL)
MXN 471.65 0 (0%) Market Cap: 611.29 Bil Enterprise Value: 1.20 Til PE Ratio: 21.68 PB Ratio: 3.56 GF Score: 64/100
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Q2 2023 Carnival Corp and Carnival PLC Earnings Call Transcript

Jun 26, 2023 / 02:00PM GMT
Release Date Price: MXN217 (-20.51%)
Josh Weinstein
Carnival Corporation & plc - President, CEO, Chief Climate Officer & Director

Good morning. This is Josh Weinstein. Welcome to our second quarter 2023 earnings call. I'm joined today by our Chair, Micky Arison; our Chief Financial Officer, David Bernstein; and our Senior Vice President of Investor Relations, Beth Roberts.

Before I begin, please note that some of our remarks on this call will be forward-looking. Therefore, I'll refer you to the cautionary statement in today's press release.

There are many milestones we've hit over the last 2 years, and this past quarter is no exception. In fact, there was much to celebrate in the second quarter. We reached a meaningful inflection point for revenue with net yield surpassing 2019 strong level. And on top of that, operating income, cash from operations and adjusted free cash flow were all positive.

Adding to those achievements, we just hit all-time highs for bookings and customer deposits. And remarkably, we are still experiencing a phenomenal (inaudible), which started early, gained strength and is still

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