NOBINA INTERIM REPORT MARCH - MAY, 2013

FINANCIAL HIGHLIGHTS OF THE FIRST QUARTER OF 2013/2014

  • Net sales amounted to SEK 1,846 million (1,838), an increase of 0,4 %.
  • Operating profit was SEK 65 million (65).
  • Earnings after tax amounted to SEK -4 million (-12), and earnings per share amounted to SEK -0,01 (-0.49).
  • Cash flow from the operations was SEK 162 million (124).
  • Investments, primarily for the purchase of buses, amounted to SEK 36 million (347).

BUSINESS HIGHLIGHTS OF THE FIRST QUARTER OF 2013/2014

  • Nobina Sweden won a tender for traffic in Malmö city, covering approximately 100 routed buses. The agreement is for three years, with the option for three additional years, and is expected to be worth around SEK 2.5 billion over the term of the agreement.
  • Nobina Finland won a tender for 31 buses in Helsinki, making Nobina the largest operator in Helsinki.
  • Nobina Sweden decided not to participate in the Dalarna tender, as the unbalanced contract terms would have involved very high risks.
  • Nobina Denmark was chosen as one of four nominees to be awarded the “Best place to work” for the Randers site by the Danish union 3F.
  • The whistleblower function, with the employee representative counsel MOM (medarbetarombudet), has now been operating for six successful months in Nobina Sweden and Swebus.

SIGNIFICANT EVENTS AFTER THE END OF THE QUARTER OF 2013/2014

  • Nobina Sweden won tenders for traffic contracts for Västtrafik, comprising around 250 buses and traffic for a period of eight years, with the option for additional two years. The estimated total value is close to SEK 4 billion over the contract period.
  • Nobina Sweden had a solid start of city traffic in Helsingborg. This is an important contract to Nobina, not least as it is incentive based to between 30-40 percent of the total contract value.  
  • Swebus has decided to discontinue its traffic with direct buses between Stockholm City and Arlanda airport, due to commercial reasons.

"The first quarter marks milestone contract wins in Sweden and Finland, as well as general operational improvements in Norway.”
Ragnar Norbäck, President and CEO

For further information please contact:
Ragnar Norbäck, President and CEO
+46 8-410 65 000

Per Skärgård, CFO
+46 8-410 65 056

Ingrid Håkanson, IR Manager
+46 8-410 65 051

Nobina AB
Armégatan 38
171 71 Solna, Sweden
www.nobina.com

Reg. no. 556576-4569

The Nobina group is the largest company in the Nordic region within the area of public transport by bus. The operations include contractual regional traffic in Sweden, Norway, Finland and Denmark as well as inter-regional traffic through the subsidiary Swebus. The Nobina Group has revenues in excess of SEK 7 billion, operates 3,500 buses and, with approximately 260 million passenger journeys per year, is one of the larger passenger transport companies in northern Europe. More information is avail­able on www.nobina.com

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