SAS Group Interim Report January-March 2007

[sail4fun]

SAS Group Interim Report January-March 2007

Improved earnings during first quarter of 2007

· Operating revenue for the first quarter amounted to MSEK 13,839 (12,976), an
increase of 6.7%.

· Number of passengers rose by 6.3% to 9.1 million.

· Nonrecurring items totaling MSEK 368 (-68) are included in results for the
quarter. Profit from the sale of Flight Academy amounted to MSEK 370.

· Income before capital gains and nonrecurring items amounted to MSEK -469
(-1,319) for the period, an improvement of MSEK 850. This improvement in income
is due to a combination of healthy market growth, higher yield, effective
capacity and cost controls, and new business models.

· Net income for the quarter amounted to MSEK -47 (-1,064), an improvement of
MSEK 1,017.

· Equity/assets ratio amounted to 32% (19%) at March 31, 2007.

· CFROI for the twelve-month period April 2006-March 2007 was 17% (13%).

· Earnings per share for continuing and discontinued operations for the SAS
Group amounted to SEK -0.11 (-6.29). Earnings per share for continuing
operations amounted to SEK -2.39 (-6.16) for the quarter. Equity per share
amounted to SEK 98.69 (64.54).

· Cost savings corresponding to SEK 2.5 billion are currently being
implemented. In March, 85% of the savings had been put into effect.

· There are currently no indications of a slowdown in the economy or the
airline market. However, uncertainty remains regarding the strength of growth,
the future competitive situation and the trend for jet fuel prices. The trend in
the first quarter was in a positive direction and continued favorable passenger
growth is expected in most of the SAS Group's markets for the full-year 2007.
Competition is expected to remain intense in the markets in which the SAS Group
is active.



All reports are available in English and Swedish and can be ordered from SAS,
SE-195 87 Stockholm, telephone +46 8 797 00 00,
fax +46 8 797 51 10. The reports can also be accessed and ordered via the
Internet: www.sasgroup.net

The SAS Group's monthly traffic and production data are normally published on
the fifth business day of the following month. A financial calendar can be found
at: www.sasgroup.net

Direct questions to: SAS Group Investor Relations: Vice President Sture Stølen
+46 8 797 14 51, e-mail: investor.relations@sas.se

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http://wpy.waymaker.net/client/waymaker1/WOLReleaseFile.aspx?id=440890&fn=wkr0001.pdf The full report

[Someone]

Dette er bra tall og langt over hva analytikerene hadde foventet.:clap

Driftsresultatet ble -327MSEK mot forventet -521MSEK (dvs nesten 40% bedre enn forventet). Tilsammenligning var det ifjor -1,1mrd SEK.

Resultat før skatt men før engengsposter ble -469MSEK mot forventet -653MSEK (-1,3mrd ifjor) og etter engangsposter kom det på -47MSEK

Ellers er resultatet (net income before tax) per selskap følgene(Q1 2006 i parentes):
SASBraathens 198 (-230)
SAS DK 3 (-189)
SAS SE 161 (-84)
SAS IC -197 (-234)
Spanair -327 (-235)
Wideroe 39 (-2)
Blue1 1 (-26)
airBaltic -19 (-18)

[fokkeren]

Hvor mte utgjorde gevinsten av Radisons hotels aksjene

[Someone]

Originally posted by fokkeren

Hvor mte utgjorde gevinsten av Radisons hotels aksjene

0 da dette var i 2006.

Men salget av Flight Academy utgjorde ca 370MSEK av bunnlinjen (-47MSEK)

[OJB]

Ja, det var rimelig bra dette her i forhold til forventningene. Interessant å lese siste avsnitt i pressemeldingen. Det er tydelig at konsernet er usikker på fremtiden , mer enn før.

[MD11]

Legger merke til at WF har klart snuoperasjonen og nå kan vise til gode tall 1 kvartal.

[Someone]

Ellers er det offentligjort at offentligjøring av strategiplanen er utsatt til Juni pga streiken i DK

[MD11]

Originally posted by Someone

Ellers er det offentligjort at offentligjøring av strategiplanen er utsatt til Juni pga streiken i DK

Last minute change i strategiplanen montro

[Someone]

Originally posted by MD11

Last minute change i strategiplanen montro

Muligens. Ifølge en på FT skal Mats ha sagt at det muligens blir forandringer i structuren av selskapet, hva nå det kan tolkes som

[EB]

Hyggelige tall...

[FBU 4EVER]

Og Lars Lindgren på et møte forleden sa at trenden for IC er meget positiv.Første kvartal 2007 var MYE bedre enn vanlig.Lover bra!