CARNIVAL enjoyed a record quarter to the end of February thanks to higher prices and increased onboard sales. However, the world”s biggest cruise operator tempered the good news with a warning that higher fuel prices could hit profits this year. Net profit of $345m (”182m) for the three months to end-Feb was a record for the quarter, the company said. Revenues grew by 21% year-on-year to $2.04bn, driven by a 15% increase in capacity and continued demand, which helped it achieve higher pricing than in the corresponding period of last year.
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