STOCKHOLM, Sweden, May 3, 2005 (PRIMEZONE) -- SAS:
First quarter of 2005 in brief
-- Operating revenue for the first quarter amounted to MSEK 13,016
(12,567), an increase of 3.6%.
-- Number of passengers in the first quarter increased by 0.8% to 7.3
million.
-- Income before depreciation and leasing costs for aircraft (EBITDAR)
amounted to MSEK 179 (-44) for the period.
-- Income before capital gains and nonrecurring items improved by MSEK
276 to MSEK --1,312 (-1,588). Earnings for the first quarter were
negatively affected by Easter being in March by approximately MSEK
200-250 compared with 2004.
-- Income after financial items amounted to MSEK -1,290 (-1,540).
-- Net income for the period amounted to MSEK -971 (-1,374).
-- CFROI for the 12-month period April 2004-March 2005 was 10% (7%).
-- Earnings per share for the SAS Group in the first quarter amounted
to SEK --5.86 (-8.26). Equity per share amounted SEK 72.44 (72.29).
-- Total unit cost decreased adjusted for currency effects and
increased fuel prices by 7.5% for Scandinavian Airlines Businesses
during the period January-March 2005.
-- Continued uncertainty regarding development in the airline industry
gives reason to be cautious, but subject to unchanged yield,
favorable traffic development and no significant changes in the
business environment, adopted business plans indicate positive
earnings for 2005.
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 be accessed and ordered via the Internet: www.sasgroup.net
The SAS Group's monthly traffic and capacity statistics are normally published on the fifth working day of each month. A financial calendar is available from: www.sasgroup.net
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