NORWEGIAN Cruise Line Holdings (NCLH) has announced its new Charting the Course strategy, which includes new 2026 financial targets, and affirms its commitment to reducing its greenhouse gas intensity.
Charting the Course, which was discussed at NCLH’s Investor Day earlier today at the New York Stock Exchange, aims to achieve an adjusted operational EBITDA margin of approximately 39% by the end of 2026, with an adjusted EPS of approximately US$2.45, representing a two-year CAGR from ’24-’26 of more than 30%.
NCLH is also renewing its commitment to a 10% greenhouse gas intensity reduction from 2019 base levels.
The company is also raising its guidance for the 2024 full year, in conjunction with the new three-year strategy, raising expectations for net yield growth from 6.4% to 7.2%, increasing adjusted EBITDA from US$2.25 billion to US$2.3 billion, and upping its adjusted EPS from US$1.32 to US$1.42.
“We are thrilled to begin charting our new course with a transformational strategy that will guide our plans for future growth,” President & Chief Executive Harry Sommer said.
“This strategy has already been set in motion with initiatives such as our recent announcement regarding eight transformational newbuilds for our three brands and infrastructure improvements for our private island in the Bahamas, Great Stirrup Cay.
“We will continue to innovate and build on our foundation of success – not just financially, but also sustainably.” MS