Overskudd for Finnair

[CK]

http://www.travelnews.no/nyheter.asp?version=39364

http://www.finnairgroup.com/linked/nostot/OVK_Q107EN.pdf

An encouraging start to the year
Summary of the first quarter’s key figures
– Turnover rose 10.0% to 528.5 million euros
– Passenger traffic grew 9.3% from the previous year, passenger load factor rose
1.2 percentage points to 75.8%
– Unit revenues from flight operations rose by 1.8%, unit costs fell by 2.1%
– Operating profit was 13.7 million euros (operating loss 5.2 million euros).
– Operational result ie. EBIT, excluding capital gains, changes in the fair value of
derivatives, was 5.8 million euros (5.1 million loss)
– Profit before taxes was 13.4 million euros (5.2 million loss)
– Gearing at the end of the quarter was 16.6% (-10.6%) and gearing adjusted for
leasing liabilities was 116.5% (85.0%)
– Balance sheet cash and cash equivalents totalled 221.5 million euros
(306.7 million)
– Equity ratio 36.9% (40.7%)
– Equity per share 6.93 euros (7.39)
– Earnings per share 0.11 euros (-0.05)
– Return on capital employed -0.1% (8.3%)
Comparisons made to Q1 in 2006