Carnival Corp. - Ordinary Shares (Paired Stock)

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Other Pre-Announcement

Carnival Corporation & PLC Provides Second Quarter 2021 Business Update

Published: 06/24/2021 13:35 GMT
Carnival Corp. - Ordinary Shares (Paired Stock) (CCL) - Carnival Corporation & Plc Provides Second Quarter 2021 Business Update.
Carnival Corp - Customer Deposits Increased in Q2 of 2021 Compared to Previous Quarter.
Carnival Corp - Cumulative Advanced Bookings for Full Year 2022 Are Ahead of a Very Strong 2019, Despite Minimal Advertising Or Marketing.
Carnival Corp - Company Expects a Net Loss on Both a U.S. GAAP and Adjusted Basis for Q3 2021 and Full Year Ending November 30, 2021.
Carnival Corp - Booking Volumes for All Future Cruises During Q2 of 2021 Were 45% Higher Than Booking Volumes During Q1 of 2021.
Carnival Corp - U.S. GAAP Net Loss of $2.1 Billion and Adjusted Net Loss of $2.0 Billion for Q2 of 2021.
Carnival - Cash Burn Rate in H1 2021 Was Better Than Forecasted Primarily Due to Timing of Proceeds From Ship Sales and Working Capital Changes.
Carnival - Q2 Ended With $9.3 Billion of Cash and Short-term Investments, Which Co Believes is Sufficient Liquidity to Return to Full Cruise Operations.
Carnival - Consistent With Planned Phased Resumption of Guest Cruise Operations, Expects to Have Its Full Fleet Back in Operation in Spring of 2022.
Carnival Corp - Company's Monthly Average Cash Burn Rate for First Half of 2021 Was $500 Million.