SAS Group Year-end Report January-December 2010

February 9, 2011 08:00

January-December 2010

· Revenue: MSEK 40,723 (44,918)

· Earnings before nonrecurring items in continuing operations: MSEK -435 (-1,754). Adjusted for the effects of the ash cloud, earnings amounted to MSEK 265

· EBT margin before nonrecurring items in continuing operations: -1.1% (-3.9%)

· Cash flow from operating activities: MSEK -155 (‑3,414)

· Nonrecurring effects: MSEK 2,625, of which restructuring costs MSEK 1,053, legal disputes MSEK 991, impairment charges MSEK 229 and capital losses MSEK 352

· Income before tax: MSEK -3,060 (-3,423)

· Net income for the period: MSEK ‑2,218 (-2,947)

· Earnings per share: SEK -7.79 (-18.20)

October-December 2010

· Revenue: MSEK 10,559 (10,323)

· Earnings before nonrecurring items in continuing operations: MSEK 258 (-940)

· EBT margin before nonrecurring items in continuing operations: 2.4% (-9.1%)

· Cash flow from operating activities: MSEK -218 (‑1,066)

· Nonrecurring effects: MSEK 722, of which restructuring costs MSEK 434 and capital losses MSEK 279

· Income before tax: MSEK -464 (-1,519)

· Net income for the period: MSEK 47 (-1,304)

· Earnings per share: SEK 0.14 (-6.66)