Viking Holdings is sailing into success! Their 2024 financial results showcase a year of impressive growth and strong performance. With a significant increase in revenue, gross margins, and Adjusted EBITDA, Viking has proven its ability to captivate its loyal customer base and attract new travelers. The company’s strategic expansion, including the addition of new ships and the extension of their river cruise offerings, sets the stage for even greater achievements in 2025.

Looking ahead, Viking’s future is bright! Their 2025 bookings are already soaring, with a substantial percentage of their capacity pre-sold. The company’s focus on delivering exceptional experiences and maintaining a “one Viking brand” approach is clearly resonating with travelers. With record-breaking booking days and months, Viking is demonstrating its robust demand generation strategies and solidifying its position as a leader in the cruise industry.

Viking is not just about financial success; they’re also investing in their future. With a healthy balance sheet, significant cash reserves, and a strong order book for new ships, they’re poised for continued growth.

The positive upgrade from Moody’s further validates Viking’s financial strength and stability. All aboard for a thrilling voyage into the future with Viking!

Some Interesting Facts From The Earnings Call

• Viking sold 88% of their 2025 core product capacity as of February 23, 2025.
• January 31st, 2025 was their highest revenue booking day ever.
• January 2025 was their highest revenue booking month ever.
• They are adding 11 new ships in 2025.
• Moody’s upgraded Viking Cruises Ltd’s corporate rating to Ba3.