Alle Storys
Folgen
Keine Story von Austrian Airlines mehr verpassen.

Austrian Airlines

euro adhoc: Austrian Airlines AG
Quarterly or Semiannual Financial Statements
Repositioning as Eastern Europe Specialist with Pan-European Reach will bring 50% Increase in Passenger Volume from and to Eastern and Central Europe by 2008 (E)

Disclosure announcement transmitted by euro adhoc. The issuer is
responsible for the content of this announcement.
Results trend and balance sheet for first half-year of 2003
Prompt and comprehensive countermeasures partially offset negative
trend
Full year result to break-even at EBIT level or to be slightly
positive respectively
With the first half-year of 2003 characterised by negative trends
such as war in Iraq, the outbreak of SARS and continuing weakness in
the global economy, the Austrian Airlines Group generated Earnings
Before Interest and Taxes (EBIT) of EUR -23.3m. Profit before tax
(EGT) for the half-year was EUR -28.6m, compared to EUR 4.3m for the
comparison period the previous year. Based on the developments in the
first half-year, the full year result is forecast to break-even at
EBIT level or to be slightly positive respectively. Due to the
negative effects outlined above, the passenger volume of the Austrian
Airlines Group fell by 5.8 % in the first six months of the year to
3,847,698 million passengers carried.
The half-year result of the Austrian Airlines Group at a glance
~
                                            1-6/2003  1-6/2002  +/- %
Revenue                             EURm    941.3     1,030.9   -8.7
EBITDAR adjusted1                   EURm     85.1      156.9   -45.8
EBITDAR                             EURm    183.4      252.4   -27.3
EBIT adjusted2                      EURm    -52.5        7.0     -
EBIT                                EURm    -23.3       29.7     -
Profit before tax adjusted2         EURm    -60.0      -24.2     -
Profit before tax                   EURm    -28.6        4.3     -
Cash flows from operating           EURm    149.0      305.6   -51.2
activities
Passengers carried                      3,847,698  4,086,550    -5.8
Passenger load factor                  %     66.0       68.6   -2.6P.
(scheduled services)
~
1Adjusted for profits from the disposal of assets and for exchange
rate valuations at the reporting date.
2Adjusted for profits from the disposal of assets, exchange rate
valuations at the reporting date and revaluations of aircraft
end of announcement        euro adhoc 07.08.2003

Further inquiry note:

Konzernkommunikation:
Johannes Davoras
Johann Jurceka
Tel.: 051755-1231

Investor Relations
Karl Knezourek
Tel.: 051766 - 3328

Branche: Air Transport
ISIN: AT0000620158
WKN: 062015
Index: ATX, ATX Prime, WBI
Börsen: Wiener Börse AG / official dealing

Weitere Storys: Austrian Airlines
Weitere Storys: Austrian Airlines