Norwegian Cruise Line published the financial results for the end of September 30, 2012.
Operating income increased by 8, 8% to $ 174.1 million compared to U.S. $ 160.0 million dollars in 2011, an improvement in the operating margin, which increased to 25.8% compared to 24.0%. The adjusted EBITDA showed an increase of 7.2%, from 208.6000000 to 223.6000000 dollars, an increase of adjusted EBITDA margin from 31.3% to 33.2%. The net yield is increased by 1, 8%, hitting 498.4 million dollars, mainly due to the increase in Net Yield. With increases in revenue on tickets, shopping on board and various other revenue, the net yield has increased by 1, 0% or 2.6% on a constant-currency.
During the period the cost of equity for cruise business day decreased by 3.3% or 2.1% on a constant currency basis. This decrease has been possible thanks to the reduction in operating costs of ships, the best timing of ship repair and reduction of maintenance costs, as well as the efficiency of business improvement initiatives, partially offset by a 13.5% fuel prices per metric ton, to $ 679. Excluding fuel, net cruise costs per operating day decreased by 7.7% or 6.2% on a constant-currency basis.