SIGNIFICANT NEGATIVE RESULTS DUE TO COVID-19
FEBRUARY 2020–APRIL 2020 · Revenue: MSEK 5,264 (9,871) · Income before tax (EBT): MSEK -3,722 (-1,216) · Income before tax and items affecting comparability:MSEK -3,714 (-1,211) · Net income for the period: MSEK -3,470 (-933) · Earnings per common share: SEK -9.15 (-2.44) SIGNIFICANT EVENTS DURING THE QUARTER · SAS temporarily halts most of its traffic due to effects of COVID-19 · SAS initiates processes to reduce future workforce by up to 5,000 full-time positions · Ongoing and constructive discussions with largest owners on a recapitalization plan to secure