Carnival Corp has warned of a possible looming impairment to one of its business units if Spain’s economy remains in the doldrums.
The Micky Arison-led cruiseship owner did, however, post a healthy rise in third-quarter profit as passenger capacity increased.
But the note of caution on Spanish offshoot Ibero Cruceros took some of the sheen off the glittering financial result.
In an announcement to the London Stock Exchange on Friday, the company wrote: “We believe the estimated fair value for each of our reporting units that carry goodwill significantly exceeds the carrying value of their allocated net assets, except for Ibero”.
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