Revenue boost for Royal Caribbean
A SURPRISE revival in the fourth quarter was unable to prevent Royal Caribbean from returning a 72% decline in full-year net profit for 2009, as a weak market got the better of the company’s attempts to shore up its bottom line.
“We are happy to say goodbye to 2009 and pleased to embark on 2010 with an outlook of solid yield improvement, strong cost controls and improving returns to our shareholders,” Royal Caribbean chief executive Richard Fain said.
Royal Caribbean returned...
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