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.
Q4 revenue grew 20.5% to $1.35 billion, supported by increased capacity and pricing strength.
Net income reached $104.2 million, reversing a loss of $593.8 million in Q4 2023.
Adjusted EBITDA rose 39.7% to $305.9 million, driven by cost efficiencies and higher demand.
Advance bookings for 2025 season reached $5.3 billion, up 26% year-over-year.
Viking Holdings expects continued revenue and profitability growth in 2025, supported by fleet expansion and high advance bookings.
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