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New figures show how things are turning around for SAS

Wednesday, 04 September 2013
Airliner, SAS reported increased profits in the recent quarter. Profit before tax was Skr 1.1 billion, Skr 300 million better than analysts had expected and also a big improvement over a year ago.

The unexpectedly high earnings is primarily due to non-recurring items which was higher than expected.

SAS repeats its earlier forecast that the company will go to plus numbers in the full fiscal year.

Sales amounted to Skr 11.5 billion and was however worse than expected.

by Scancomark.com Team

 

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