Interim Report November 2013–April 2014
SAS takes decisive action in a challenging marketFebruary–April 2014 [1] · Revenue: MSEK 8,472 (9,933) · Unit revenue (PASK) declined 8.9% · Unit cost (CASK) decreased 5.3% [2] · EBIT margin: -7.8% (-1.1%) · Income before tax: MSEK -1,078 (-329) · Net income for the period: MSEK -800 (-405) · Earnings per common share: SEK -2.72 (-1.23) · Additional revenue and cost measures have been initiated. The cost measures are expected to have an earnings impact of SEK 1 billion in the 2014/2015 fiscal year. In addition, longer-term initiatives will be finalized in autumn