NCL reports whole 2011 results and fourth results

by Alister POOLE on February 15, 2012

Norwegian Cruise Line was pleased to post another year of record-breaking results in 2011. 

Its growth in the top line, which was coupled with operating enhancements, did well to improve bottom line results. The company’s operating income increased 37.1 per cent when measured against the prior year with Adjusted EBITDA reaching a record $506.0 million.

Kevin Sheehan, NCL’s President and Chief Executive Officer, extended the company’s prayers to anyone involved or affected by the recent Costa Concordia tragedy in Italy before commenting that 2011 was a great financial year that brought great results. Sheehan added that impressive financial results were matched by guest satisfaction scores reaching new highs, which confirms the NCL’s initiatives to make sure that the holiday experience is improved for all valued customers.

Great Stirrup Cay, which is NCL’s private island, was the recipient of major enhancements that saw it having a new marina built in addition to a welcome pavilion. The beach area had bar facilities added to it and larger dining areas were also installed.

Last April, Norwegian Cruise Line unveiled Partners First - a fresh initiative designed to boost the company’s relationships with the travel agents it works alongside. The initiative is inclusive of a number of programmes that it is hoped will make Norwegian Cruise Line the world’s easiest cruise line for doing business with. 

During the year, Norwegian Cruise Line named the two new 4,000-capacity ships that are currently under construction. They will be known as Norwegian Breakaway and Norwegian Getaway. 

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