LSE:CCL 19 December 2025 - 7 February 2026

Carnival Corporation & plc is back in the market spotlight after a dense cluster of headlines that hit right before the weekend of 20 December 2025: a sharp stock move, a dividend reinstatement, record full‑year performance, and a forward-looking 2026 outlook that tries to answer the cruise industry’s biggest question right now—can pricing hold up as capacity shifts toward the Caribbean? Reuters+2PR Newswire+2

Carnival Corporation & plc put a lot of catalysts on the table on December 19, 2025: record full-year performance, a return of the dividend for the first time since the pandemic-era suspension, upbeat 2026 earnings expectations, and a proposal to simplify its dual-listed corporate structure.