SAS Interim Report November 2014 – July 2015 Commercial success improves earnings May 2015 – July 2015 Income before tax: MSEK 1,031 (756) Income before tax and nonrecurring items: MSEK 996 (759) Revenue: MSEK 10,973 (10,697) Unit revenue (PASK) increased 3.6%[1] Unit cost (CASK) increased 3.4%[2] EBIT margin: 10.4% (8.7) Net income for the period: MSEK 800 (496) Earnings per common share: SEK 2.16 (1.24) The outlook for the full year 2014/2015 remains firm, see page 8 November 2014 – July 2015 Income before tax: MSEK 550 (-468) Income before tax and nonrecurring items: MSEK -164 (-1,486) Revenue: MSEK 28,747 (27,040) Unit revenue (PASK) increased 5.5%1 Unit cost (CASK) increased 3.3%2 EBIT margin: 3.3% (1.5) Net income for the period: MSEK 439 (-416) Earnings per common share: SEK 0.54 (-1.83)A [1] Currency adjusted. [2] Currency adjusted and excluding jet fuel. Comments by the President and CEO of SAS: “SAS posted a positive income before tax and nonrecurring items for the third quarter of MSEK 996, up 30% year-on-year. The improvement was primarily driven by our commercial success and the continued effects from our systematic efficiency initiatives. “SAS’s clear focus on Scandinavia’s frequent travelers is generating results and we now have more than four million EuroBonus members. We have noted substantial demand from our frequent travelers for flights to the US and in 2016 we are expanding with three new routes: Los Angeles – Stockholm, Miami – Oslo and Miami – Copenhagen. At the beginning of September, we are also opening the new direct route between Stockholm and Hong Kong, which will be operated with SAS’s first new Airbus A330E. In parallel with advancing our positions in our target group, we are continuing the implementation of the cost measures that will generate an overall earnings impact of SEK 2.1 billion with full effect in 2017. “We are looking forward to an exciting fall with preparations for our expansion of the intercontinental routes and a continued high pace of improvement to secure long-term competitiveness and profitability at SAS,” says Rickard Gustafson, SAS President and CEO. SAS discloses this information pursuant to the Swedish Securities Market Act and/or the Swedish Financial Instruments Trading Act. The information was provided for publication on September 8, 2015, at 8:00 a.m. This release was sent by Cision http://news.cision.com/sas/r/sas-interim-report-november-2014---july-2015,c9826640 The full report This mail has been generated by your subscriber profile. If you want to change your profile or unregister please navigate to : http://publish.ne.cision.com/Subscriber/Index/F4278CBA941F2F17DFCF6224CFD44718
Smukt - så må vi håbe der kommer kunder til de nye ruter, så vi kan få et yderligere styrket SAS i 2016
Ja, det ser bestemt ikke så galt ud som tidligere. Dog ikke så meget load som DY havde på deres langruter gætter jeg på.
Det er vel også klart med disse udmeldinger: Begge fra dagens www.borsen.dk Så selvom det er godt, så er der et godt stykke vej endnu...
Så kom Bonusfeber.dk lige et smut forbi Børsen i dag og Flemming kloger sig lidt på SAS... Se videoen her: http://play.borsen.dk/share/55eeb895ac79c95260fa36bb
Udover alle ovennævnte roser, som jeg kun kan tilslutte mig, vil jeg tilføje, at det er befriende at høre et velafbalanceret indlæg om SAS. - En tiltrængt afveksling fra dommedagsprofeten fra Sydbank og A.K. fra check-in...!