OSLO: Norwegian Cruise Line Holdings posted stronger revenue with increased growth of 21.6 percent to $3.1 billion, boosted by ticket sales.
The Miami-based cruise operator generated net income of $338 million, or $1.62 per share, last year, compared with $102 million, or 49 cents a share, in the prior year.
Frank Del Rio, president/CEO of Miami-based Norwegian Cruise Line Holdings, parent company of Norwegian Cruise Line, Oceania Cruises and Regent Seven Seas Cruises. (Norwegian Cruise Line Holdings)Looking back at our accomplishments over the past year, it is clear that 2014 will be remembered as one of solid growth and game-changing expansion for the company,” Frank Del Rio, company president and chief executive officer, said in a statement.
Fourth-quarter earnings, however, suffered because of Norwegian’s $3 billion acquisition of Prestige Cruise Holdings in November, which resulted in a net loss of $25.6 million, or 12 cents a share. That compared with $36 million, or 17 cents a share, the year before.