Interim Report November 2013 - July 2014

September 10, 2014 08:00

More passengers choose SAS in a challenging market

May-July 2014

Comparative figures for the corresponding year-earlier period include Widerøe.

Revenue: MSEK 10,697 (11,593)
Unit revenue (PASK) declined 7.1 %
Unit cost (CASK) decreased 5.6 %[1]
EBIT margin: 8.7 % (12.1 %)
Income before tax: MSEK 756 (1,176)
Net income for the period: MSEK 496 (886)
Earnings per common share: SEK 1.24 (2.69)
The outlook for the full year 2013/2014 stands firm, see page 7

November 2013-July 2014

Comparative figures for the corresponding year-earlier period include Widerøe.

Revenue: MSEK 27,040 (31,123)
Unit revenue (PASK) declined 7.9 %
Unit cost (CASK) decreased 4.9 %[2]
EBIT margin: 1.5 % (2.5 %)
Income before tax: MSEK -468 (80)
Net income for the period: MSEK -416 (-107)
Earnings per common share: SEK -1.83 (-0.33)

[1] Currency adjusted and excluding jet fuel.
[2] Currency adjusted, excluding jet fuel and amended pension terms totaling MSEK 450 in the Feb-Apr 2013 period.

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 10, 2014, at 8:00 a.m.