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You are here: Home Archive 2009 December Weekly Edition 23rd December 2009 Carnival predicts a flat year

Carnival predicts a flat year

by Rajesh Joshi, New York last modified Dec 24, 2009 11:56 AM

CARNIVAL was projecting flat profit trends for fiscal 2010, after reporting a halving of fourth-quarter profits for this year amid what chairman and chief executive Micky Arison described as the “most challenging economic environment in the company’s history”.

Carnival chief operating officer Howard Frank promised an analyst conference call last Friday that the “dividend issue” is on the agenda for the January board meeting and an announcement would be forthcoming thereafter.
However, senior executives including Mr Arison...

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