US cruise giant Royal Caribbean Cruises today reported a 5% leap in profits for the first quarter on the back of higher sales and stronger prices in the Caribbean.
Net income for the three-month period reached $128.7m, or $0.60 per share. This compares to earnings of $122.4m, or $0.57 per share, in the same quarter last year.
The company came in close to the middle of its stated price guidance of $0.58
