Scandinavian Airlines still in turbulence but hope is in the air
Published:
13 February 2004 y., Friday
2003 report highlights:
Operating revenue for the full year amounted to MSEK 57,754 (64,944), a decrease of 11.1%. Operating revenue for the fourth quarter amounted to MSEK 13,824 (16,709). For comparable units and adjusted for currency effects, operating revenue for the period decreased by 8.7% or MSEK 5,639 and by 11.7% in the fourth quarter.
Income before tax amounted to MSEK -1,470 (-450) and MSEK -245 (-683) for the fourth quarter and Income after tax amounted to MSEK -1,415 (-132) and MSEK -581 (- 284) for the fourth quarter.
The SAS Group's board and management's primary aim is to ensure that the SAS Group attains positive earnings before tax , capital gains and nonrecurring items for the full-year 2004.
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