I am downgrading VIK to a hold rating due to a less favorable demand outlook and increased competition. VIK's 4Q24 earnings were strong, with 20.5% y/y revenue growth and a 40% y/y increase in adj. EBITDA. FY25 bookings show solid momentum, but lack of FY26 booking visibility raises demand concerns amid a weakening macroeconomic environment.
LOS ANGELES--(BUSINESS WIRE)--Viking® (www.viking.com) (NYSE: VIK) today announced it has taken delivery of the Viking Nerthus, the company's newest Viking Longship®. The delivery took place this morning when the ship was presented at Meyer's Neptun Werft shipyard in Rockstock-Warnemuende, Germany. The 168-guest Viking Nerthus joins the company's growing fleet of state-of-the-art sister ships o...
Viking Holdings Ltd (NYSE:VIK ) Q4 2024 Earnings Conference Call March 11, 2025 8:00 AM ET Company Participants Carola Mengolini - Vice President of Investor Relations Tor Hagen - Chairman and Chief Executive Officer Leah Talactac - President and Chief Financial Officer Linh Banh - EVP of Finance Conference Call Participants Steve Wieczynski - Stifel Matthew Boss - JPMorgan Robin Farley - UBS A...
LOS ANGELES--(BUSINESS WIRE)--Viking Holdings Ltd (“Viking” or the “Company”) (NYSE: VIK) has scheduled a conference call for 8:00 a.m. Eastern Time, Tuesday, March 11, 2025, to discuss the Company's fourth quarter and full year 2024 financial results which will be released before the stock market opens. The call will be simultaneously webcast on Viking's investor relations website, https://ir....
In December 2024, the travel industry hit an important milestone, at least in terms of air travel. That is, traffic in many continents exceeded 2019 levels for the first time since the 2020 pandemic.
LOS ANGELES--(BUSINESS WIRE)--Viking® (www.viking.com) (NYSE: VIK) has been named the 2024 North America IPO of the Year by International Financing Review (IFR) in the publication's prestigious annual awards. The honor highlights Viking's successful initial public offering (IPO) that closed on May 3, 2024. Viking's IPO was the largest IPO of the year on the NYSE and the second largest in the U....
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