secwatch.observer — SEC 8-K summary
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Issuer:     Norwegian Cruise Line Holdings Ltd. (NCLH)
CIK:        0001513761
Form:       8-K
Filed at:   2025-02-27T23:59:59+00:00
Accession:  0001171843-25-001101
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

NCLH posts record FY2024 revenue $9.5B, adj EBITDA $2.45B; guides 2025 adj EPS ~$2.05
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- Full-year 2024 total revenue $9.5B, up ~11% YoY; GAAP net income $910.3M (EPS $1.89) vs $166M in 2023.
- Adjusted EBITDA record $2.45B, +32% YoY; Adjusted EPS $1.82; net leverage reduced to 5.3x from 7.3x.
- 2025 guidance: Adj EBITDA ~$2.72B (+11% YoY), Adj Net Income ~$1.07B, Adj EPS ~$2.05, including FX and fuel headwinds.
- Announced newbuild program of 8 vessels (~25,000 berths) and pier construction at Great Stirrup Cay under Charting the Course strategy.
- Adjusted ROIC improved 320bps to 10.9%; Adjusted Net Cruise Cost ex Fuel per Capacity Day up ~3.9% as reported.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1513761/000117184325001101/0001171843-25-001101-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1513761/000117184325001101/f8k_022725.htm
  HTML page:      https://secwatch.observer/filing/0001171843-25-001101

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