Economic Observation Network Viking Holdings Ltd has released information on executive appointments and dismissals, as well as disclosed its operating and financial situation for the first quarter of 2026.

Executive Changes
On May 14, 2026, the company announced the appointment of former President and Chief Financial Officer Leah Talactac as the new CEO. Former Chairman and CEO Torstein Hagen has been transferred to Executive Chairman. Meanwhile, Linh Banh, Executive Vice President of Finance, has been appointed as the new Chief Financial Officer 。

Performance and business situation
The company announced its Q1 2026 performance on May 14th. The total revenue was 1.0537 billion US dollars, a year-on-year increase of 17.5%; Adjusted EBITDA was $104.8 million, a year-on-year increase of 43.9%. The net loss was 54.237 million US dollars, a year-on-year decrease of 48.57%. Diluted earnings per share of -0.12 USD 。

Booking Status
As of May 3, 2026, 92% of the core product passenger cruise days for the 2026 season have been sold, and 38% for the 2027 season have been sold 。

Financial Status
As of March 31, 2026, the company holds $4 billion in cash and cash equivalents, and its net leverage ratio has improved from 1.1 times at the end of 2025 to 1.0 times 。

The above content is based on publicly available information and does not constitute investment advice.