Viking reports first quarter 2024 financial results

Los angeles--(business wire)--viking holdings ltd (the “company” or “viking”) (nyse: vik) today reported financial results for the first quarter ended march 31, 2024. key highlights adjusted gross margin for the first quarter of 2024 increased 19.1% compared to the same period in 2023, resulting in a net yield of $508. adjusted ebitda increased by $46.1 million compared to the first quarter of 2023. net leverage declined from 3.8x as of december 31, 2023 to 3.4x as of march 31, 2024. as of may.
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