CLEAR STRATEGY GENERATES HIGHER REVENUE MAY 2016 – JULY 2016 · Income before tax: MSEK 1,036 (1,031) · Income before tax and nonrecurring items: MSEK 1,003 (996) · Revenue: MSEK 11,133 (10,973) · Unit revenue (PASK) declined 3.5%[1] · Unit cost (CASK) decreased 0.3%[2] · EBIT margin: 10.4% (10.4%) · Net income for the period: MSEK 805 (800) · Earnings per common share: SEK 2.17 (2.16) · The outlook for the full year 2015/2016 is retained, see page 8. NOVEMBER 2015 – JULY 2016 · Income before tax: MSEK 854 (550) · Income before tax and nonrecurring items: MSEK -2 (-164) · Revenue: MSEK 28,324 (28,747) · Unit revenue (PASK) declined 8.1%[1] · Unit cost (CASK) decreased 2.6%[2] · EBIT margin: 4.3% (3.3%) · Net income for the period: MSEK 730 (439) · Earnings per common share: SEK 1.42 (0.54) [1] Currency adjusted. [2] Currency adjusted and excluding jet fuel. COMMENTS BY THE PRESIDENT AND CEO OF SAS: “Income before tax amounted to MSEK 1,036 for SAS in the third quarter. Excluding the effects of the June strike in Sweden, earnings were up slightly more than MSEK 140 year-on-year, which was mainly attributable to increased revenue from more travelers choosing SAS. Earnings were also positively impacted by lower jet-fuel costs, which were largely counteracted by negative currency effects and higher technical maintenance costs. The quarter’s results showed that our strategy of focusing on frequent travelers is working. During the quarter, 226,000 more travelers flew with us and the number of EuroBonus members rose by 120,000 to a total of 4.5 million. Members have also increased their travel by 5.5%, which is more than SAS’s other customers and this demonstrates increased customer loyalty. Our expanded offering and enhanced products to summer destinations have resulted in more people also choosing SAS for weekend and leisure travel. Competition remains intense, which has led to continued pressure on yields and, at the same time, uncertainty in the macro environment has increased. Together with future financing needs for aircraft and maturing loans, this underlines the importance for us to continue to work intensively with streamlining operations, strengthening our financial position and leveraging our customer investments. Ahead of the autumn, we are looking forward to launching the new Miami route and to welcoming our travelers on board our first brand new and fuel-efficient Airbus A320neo,” says Rickard Gustafson, SAS President and CEO. This information is information that SAS AB is obliged to disclose pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, at 8.00 a.m. CET on September 8, 2016.
SAS Interim Report November 2015 – July 2016 CLEAR
Top 10 Most Recent News Articles
Dr. Anke Otto-Wolf's BEFORE Framework Revolutionizes SEL
Teaching Kids to Catch Themselves: Introducing BEFORE Calling October Bullying Prevention Month seems quaint when you consider how often kids get shoved around, physically or emotionally. What’s surprising is how one simple word, ‘BEFORE,’ might just be the game-changer. Dr. Anke Otto-Wolf is betting big on it by unveiling the BEFORE Framework™. Imagine kids...
Continue Reading
Mixed Wage Growth: Gains for Some, Challenges Persist
A Closer Look at Q3 Earnings I tell you, these numbers from the Ludwig Institute make for a pretty mixed bag. Sure, we got a slight nudge upwards in those median weekly earnings for the third quarter, like from $1,035 to $1,041. It’s a pinch of positive news, but hang on a sec before you start celebrating. The reality ain't shifting for a lot of folks, especially if...
Continue Reading
Hard Rock Casino Tejon Commences $725M Expansion Project
Ground Broken for Hard Rock Casino Tejon's Ambitious Expansion Who’s got a shovel ready? Hard Rock Casino Tejon does, kicking off a $725 million expansion that's turning heads all the way from Bakersfield to Los Angeles. Let's get something straight: this ain’t just another face-lift. We’re talking about a full-on transformation of the place into a plush resort...
Continue Reading
Orical's Big Win in Regulatory Reporting at US Awards
Orical Takes Home Prestigious Honor In the world of hedge funds, getting things straight with the regulators is as crucial as breathing. So, when Orical LLC snagged the "Regulatory Reporting Solution of the Year" at the Hedgeweek® US Awards 2026, it wasn't just a pat on the back. It screamed, "We've nailed this!" For a sector where compliance can feel like stepping...
Continue Reading
ESENTIA Sets Stage for Q3 2026 Earnings Insights
A Snapshot of What's Coming You know the drill, folks—when the calendar flips close to earnings season, the scramble starts for details that make or break the quarter. ESENTIA Energy Development, the big dog in the Mexican natural gas scene, is poised to drop its third-quarter 2026 numbers right after the market bell sounds on October 28th. They've been flexing their...
Continue Reading
Bambu Lab Shakes Up 3D Printing with Massive Discounts
Price Cuts Bring 3D Printing Mainstream Here's the deal—3D printing used to be the domain of the tech-savvy elite, akin to those early computer geeks holed up in garages. But now? Bambu Lab is throwing open those doors with its Black Friday and Cyber Monday specials, slashing prices like a man on a mission. They're bringing an entire technological leap into our hands,...
Continue Reading
Tajín's Chamoy Twist: Spice Up Everyday Treats
A New Flavor Adventure Lands on Aisles Alright, folks, nothing quite spices up a mundane snack session like a new sauce from a brand with serious street cred. Tajín's latest brainchild, the Twist Chamoy Sauce, just hit a retailer near you. It's promising to take your tastebuds on a rollercoaster ride—no ticket needed, just a generous pour over whatever munchies you're...
Continue ReadingCasio Unveils Analog G-SHOCKs with Iconic Style
Blending the Old with the New Here's an interesting tidbit for all you watch aficionados and investors: Casio is set to drop the GMC-2500 and GAC-2500, a new wave of G-SHOCK watches that are marrying that vintage cool with today's swagger. Straight out of Tokyo, these timepieces are taking a page from the 1983 DW-5000C playbook, but the twist? They're going analog. It's a...
Continue Reading
Carrier Drops $600M on U.S. Manufacturing Boost
A Mighty Move in Manufacturing Carrier Global Corporation's recent muscle-flexing is something rarer than a golden goose in today's market—a $600 million thrust into beefing up U.S. manufacturing and engineering. You can't help but wonder if this is overzealous optimism or a meticulously calculated power play. Clocks don't tick this loudly without good reason, of...
Continue Reading
LogiSense Secures Top Spot in 2026 Billing Solutions Guide
LogiSense Gets High Marks in MGI Research Guide Well, here we go. LogiSense is making waves in the enterprise billing scene, snagging a top-five spot in MGI Research's 2026 Agile Billing Top 50 Buyer's Guide. The Kitchener-based outfit has been recognized not just for its strength in handling billing volumes, but for its top-notch capability in solution strength. Their...
Continue ReadingTop 5 Most Recently Viewed Articles
Lennar's Exchange Offer Results Show Strong Investor Participation
Overview of Lennar's Exchange Offer Lennar Corporation (NYSE: LEN) recently shared its preliminary results regarding an offer to exchange shares of Millrose Properties, Inc. (NYSE: MRP) for its Class A common stock. The offer allowed Lennar to exchange up to 33,298,764 shares of Millrose Class A stock, which represents about 20% of the total outstanding shares. The...
Continue Reading
Refresco Teamsters Achieve Historic Contractual Victory
Historic Contract Ratified by Teamsters Local 767 Members of Teamsters Local 767 have made headlines with their recent contract ratification that promises significant improvements for the workers of Refresco. An overwhelming majority of 93 percent voted in favor of this new agreement, showcasing the unity and commitment of the union members. Support for Employees The...
Continue Reading
Revitalizing Campus Retail for Student Success at RWU
Follett Higher Education Transforms Campus Retail Experience Follett Higher Education is proud to announce an exciting partnership with Roger Williams University (RWU) that aims to elevate the campus retail experience for students. By collaborating with RWU, Follett focuses on providing students with affordable course materials and supplies that are essential for thriving...
Continue Reading
ZenaTech's IQ Square Drone Enters Manufacturing for Diverse Uses
ZenaTech Moves IQ Square Drone to Manufacturing Stage Vancouver, British Columbia - ZenaTech, Inc. (NASDAQ: ZENA), a technology company that specializes in artificial intelligence drones and various service solutions, has announced that its subsidiary, ZenaDrone, has reached a significant milestone. The first batch of IQ Square multifaceted drones has commenced the...
Continue Reading
Texaf's Latest Quarterly Report Shows Prominent Growth Trends
Texaf's Recent Quarterly Performance Insights Texaf has made significant strides in its quarterly performance, showcasing a robust growth trajectory that reflects the company's commitment to excellence and innovation. These results are crucial for investors and stakeholders who are keen on understanding the company's operational health and strategic direction. Key...
Continue Reading