Royal Caribbean Cruises Ltd. (RCCL), the world’s second largest cruise shipping group, announced first quarter 2013 net income of $76.2 million, or $0.35 per share, versus net income of $47.0 million, or $0.21 per share, in the first quarter of 2012.
The fresh figure is much higher than the average forecast of $0.21 of cruise industry analysts.
“Both onboard revenue and ticket pricing improved, contributing to a Net Yield increase of 3.6% on a Constant-Currency basis. NCC (net cruise costs) excluding fuel were also better than anticipated, primarily due to timing, and declined 0.5% on a Constant-Currency basis,” the company said
Bunker pricing net of hedging for the first quarter was $699 per metric ton and consumption was 5,000 metric tons lower than expected at 345,900 metric tons. Versus the first quarter of 2012, fuel consumption per APCD was 1.2% lower
