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Viking Holdings posted solid revenue growth and improved EBITDA in Q1 2025, with continued high demand and strong booking trends for 2025, though it still reported a net loss.
Viking Holdings Ltd posted total revenue of $1.35 billion in Q4 2024, reflecting a 20.5% year-over-year increase driven by higher Capacity Passenger Cruise Days (PCDs) and increased revenue per PCD. The company achieved a net income of $104.2 million compared to a net loss in Q4 2023. Adjusted EBITDA surged 39.7% to $305.9 million, while diluted EPS stood at $0.24 and Adjusted EPS at $0.45. Viking also reported strong advance bookings for 2025, with 88% of Capacity PCDs already sold.