Viking Holdings reports Q4 EPS 45c, consensus 36c

Reports Q4 revenue $ $1.34B, consensus $1.34B…”2024 was an exceptional year for Viking, with Net Yields increasing 7.4% and Adjusted Gross Margin increasing by 14.0% year-over-year, driven by our growth in capacity and the strength in demand from our loyal and expanding customer base. Our strong top-line results, coupled with our disciplined expense management, enabled us to achieve Adjusted EBITDA growth of 23.7% in 2024,” said Torstein Hagen, Chairman and CEO of Viking. “Looking ahead to 2025, we are growing our capacity for our Core Products by 12% with the delivery of 11 new ships during the year and are pleased to report that our Core Products are already 88% booked for the 2025 season. As always, we will maintain a clear focus on delivering an exceptional service and experience to our guests through our one Viking brand.”