H Results Analyst and Investor Presentation. Tuesday 12 May 2015
|
|
- Bertram Holt
- 7 years ago
- Views:
Transcription
1 H Results Analyst and Investor Presentation Tuesday 12 May 2015
2 Introduction Carolyn McCall Chief Executive Officer
3 Loss or profit before tax Proven strategy, execution and returns Good revenue performance in the first half, benefitted from Easter in the second quarter Disciplined approach to capacity allocation Performance benefitted from fuel and foreign exchange Focus on building strong network positions with new base openings Continued improvement in winter performance % % -3.8% % % % 0.0% -2.0% -4.0% -6.0% -8.0% -10.0% -12.0% -14.0% PBT margin Improved winter performance 3 3
4 ROCE A business model which is hard to replicate Unique network Digital leadership 42% 50% 2011 market share 2015 H1 market share 32% 29% 27% 25% 21% 43% 36% 40% 47% 53% Gatwick No1 Edinburgh No1 Nice No1 Malpensa No1 Geneva No1 Basel No1 Cost advantage Financial strength 5.0% 4.0% 3.0% 2.0% 1.0% 0.0% 2.4% 4.9% 3.3% 4.5% 25% 20% 15% 10% 19.9% 21.6% Lufthansa 5% Group easyjet Ryanair Norwegian Vueling* Sector-length adjusted CASK incl-fuel (CAGR Sep ) * Vueling CASK CAGR is over the period Dec-10 to Dec-13 0% Ryanair easyjet 8.5% 12.0% Norwegian -0.7% AF-KLM 0.9% -1.4% Air Berlin 1-5% -5% 15% 35% 55% 75% 95% 115% Source: Airline Analyst / easyjet analysis Gearing IAG Source: Unique network data from OAG scheduled data, as at 6 April
5 Financial review Chris Kennedy Chief Financial Officer
6 Result before tax increased Profit/(loss) per seat bridge (1.70) H Fuel ex A320 mix 0.55 FX External factors Robust demand Increased capacity Fuel price Foreign exchange x Winter weather x Regulated airport charges x Disruption 1.07 Revenue ex Easter 0.34 Easter revenue 0.63 easyjet lean 0.17 A320 Mix Capital allocation Revenue management system Digital and data Allocated seating (0.61) Crew resilience, de-icing and disruption Management actions (1.28) Other costs easyjet lean initiatives Engine selection A320 mix Managing disruption Airport deals 0.21 H
7 Financial results: Result before tax increased m H H Change Change Total revenue 1,767 1, % Fuel (516) (537) % Operating costs excluding fuel (1,121) (1,101) (20) (1.8%) EBITDAR % Ownership costs (123) (117) (6) (5.5%) Profit/loss before tax 7 (53) 60 n/a EBITDAR Margin 7.3% 3.7% 3.6ppt Profit/(loss) before tax margin 0.4% (3.1%) 3.5ppt 7 7
8 Financial results: Increase in EPS m H H Change Profit/(loss) before tax 7 (53) 60 Tax credit/(charge) (2) 12 (14) Profit/(loss) after tax 5 (41) 46 Earnings/(loss) per share 1.3p (10.4p) 11.7p 8 8
9 Revenue per seat growth in the first half m H H Change Passengers (m) % Load factor (%) 89.7% 89.0% +0.7ppt Seats (m) % Average sector length (km) 1,072 1,074 (0.2%) Total revenue ( m) 1,767 1, % Total revenue per seat ( ) constant currency ( ) % 9 9
10 easyjet strategy delivers further revenue growth Year on year drivers of revenue per seat change ( /Seat) Yield management of bags Performance of allocated seating Disciplined management of capacity Digital and Revenue Management System developments Increased load factor H Underlying trading Easter Initiatives FX H
11 Growth in RPS vs. capacity per seat H H Change At constant currency Gross seat revenue % 2.7% Passenger taxes (7.07) (7.12) 0.7% (3.4%) Net seat revenue % 2.6% Non-seat revenue % (1.9%) Total revenue % 2.6% 3.7% 2.9% 4.3% 2.6% 3.6% 1.4% RPS growth at constant currency easyjet capacity growth Q1 Q2 H
12 Revenue per passenger increase per passenger H H Change At constant currency Gross seat revenue (0.6%) 1.9% Passenger taxes (7.88) (8.00) 1.4% (2.6%) Net seat revenue (0.5%) 1.8% Non-seat revenue (7.0%) (2.7%) Total revenue (0.6%) 1.8% 12 12
13 Currency impact Currency split total revenue Currency split total costs Euro, 31% Sterling, 46% Euro, 43% Sterling, 27% USD, 35% Other, 2% Swiss Franc, 8% USD, 1% Other, 1% Swiss Franc, 6% H currency impact favourable / (adverse) EUR CHF USD Other Total Revenue (35) (4) 1 (3) (41) Fuel (1) Costs excluding fuel Total 14 (4) 9 (1) 18 Average effective Euro rate for revenue for H1 15 was 1.24 (H1 14: 1.19) Average effective Euro rate for costs for H1 15 was 1.30 (H1 14: 1.20) 13 13
14 Weakening of the euro GBP: euro rates (spot) FY 2014 FY 2015 Key booking period Impact of / rate on P&L m Q1 Q2 H1 Revenue (22) (13) (35) Fuel 1 (2) (1) Costs excluding fuel Total (2) Oct Nov Dec Jan Feb March Continued weakening of the Euro versus Sterling during H with bookings posted at a lower rate than the cost incurred Table data as of 7 April
15 Impact of fuel H H Change B/(W) Fuel $ per metric tonne Market rate Effective price US dollar rate Market rate cents Effective price cents Actual cost of fuel per metric tonne Significant market fuel price reductions have not been fully reflected in the effective (post-hedge) price due to the operation of easyjet s hedging 15 15
16 Cost per seat excluding fuel - key drivers Cos t per s eat excluding fuel Airports and Ground handling Variance at Cons tant Currency Crew 7.40 (0.18) Variance at Cons tant Currency Weighting of variance % % Navigation 3.99 (0.11) (2.6%) (0.3%) Inflationary increases Maintenance % 3.7% Overhead 5.34 (0.19) (3.6%) (17.2%) Higher disruption costs Ownership 3.96 (0.07) (0.49) (3.2%) (1.2%) (2.4%) (1.8%) (3.3%) Charges at regulated airports increased as anticipated, primarily in Germany and Italy Increase in de-icing costs following the more adverse weather conditions compared to prior year Offset by savings of new airport and ground handling contracts and lean initiative savings Pay increase broadly in line with inflation Increase in salaries due to the early recruitment of crew to build a resilient operation ahead of the three new crew base openings Benefit of the revised engine contract Offset by increase in average age of the fleet, ahead of delivery of the new generation aircraft from 2017 Depreciation on new aircraft purchased Offset against decreasing lease costs Net Exchange gains/(losses) (0.13) (0.16) (100.0%) (0.4%) The effect of movements in foreign exchange rates on Balance sheet revaluation Total CP S excluding fuel (1.13) (2.9%) (2.9%) Total CP S including fuel (0.04) (0.1%) (0.1%) (0.4%) D rivers NB: This year s net exchange gain/loss at constant currency is, by definition, always zero. Therefore, the variance at constant currency represents the 16 prior year exchange gain/loss, and the percentage variance will always be 100%. 16
17 Management actions taken to control costs Cost per seat bridge Including: Airports 0.36 Maintenance initiatives H Regulated airports Inflation Fuel De-icing FX Before easyjet A320 Mix Crew Load factor Other H and management lean resilience disruption action External factors Management action 17 17
18 Increasing proportion of A320 s H H Change A319 (operating lease) (4) A319 (owned / finance lease) A319 Total (4) A320 (operating lease) A320 (owned / finance lease) A320 Total Total fleet Unencumbered Operating lease 30% 33% (3ppt) Percentage of A320s in fleet 35% 30% 5ppt 18 18
19 Flexibility in fleet planning Maximum, minimum and base case fleet size under agreement Contracted Max Contracted Min 226 Base Case FY14 Footer FY15 box on intersect FY16of lines line FY17 h= and FY18 v=8.75 with font FY19 10pt Arial not FY20 bold FY21 FY22 Flexible fleet arrangements to respond appropriately to market conditions 1. At the end of the relevant Financial Year 2. Based on fleet plan base case Maximum fleet does not include the purchase rights 19
20 Strong balance sheet m H H Property, plant and equipment 2,720 2,416 Goodwill and other intangible assets Other assets Liabilities (excluding debt) (2,475) (2,080) 1,323 1,212 Debt Cash and money market deposits (976) (1,069) Net cash (416) (449) Shareholders' equity 1,739 1,661 Capital employed 1,323 1,212 Gearing 20% 18% *Gearing defined as net debt (adjusted by adding seven times aircraft dry leasing costs for 20 a rolling 12 months) divided by the sum of shareholders equity and adjusted net debt. 20
21 Cashflow m * * 1 October 2014 Operating Footer Depreciation box on intersect Net working of lines line Tax, h=8.03 net 9 and Ordinary v=8.75 with Capex font 10pt Borrowings Arial not bold profit and capital interest dividend amortisation and other Other FX 31 March 2015 * Includes money market deposits but excludes restricted cash 21 21
22 Fleet expenditure Additional aircraft 49% 52% 64% 29% Replacement aircraft 42% 28% 12% 44% Maintenance 9% 20% 24% 27% Total 100% 100% 100% 100% Total expected fleet acquisition and overhaul expenditure as a % of easyjet revenue 18% 9% 11% 10% Fleet acquisition and overhauls will be funded through a combination of easyjet s internal resources, cashflow, sale and leaseback transactions and debt 22 22
23 Fuel and foreign exchange hedging Fuel requirement US dollar requirement Euro surplus CHF surplus Six months ending 30 September 2015 Full year ending 30 September 2015 Full year ending 30 September 2016 Sensitivities 84% at $905 / metric tonne 87% at $927 / metric tonne 79% at $862 / metric tonne 83% at $1.58/ 82% at 1.18/ 93% at CHF1.47/ 84% at $1.59/ 85% at 1.18/ 99% at CHF1.47/ 73% at $1.63/ 67% at 1.23/ 61% at CHF1.46/ $10 per tonne change in fuel price will impact the full year pre-tax result by +/- $1.9 million One cent movement in the /$ will impact the full year pre-tax result by +/- 0.9 million One cent movement in the / will impact the full year pre-tax result by +/- 0.3 million As at 8 May
24 Business review Carolyn McCall Chief Executive Officer
25 easyjet well placed to win in competitive market Compelling network Affordable fares Customer Cost advantage Digital leadership Strong balance sheet Proven strategy, execution and returns 25 25
26 Impact of lower fuel environment Short term Hedging levels mean that it has taken time for the lower oil price to feed into fares Consumers benefit through lower fares Legacy airlines continue to transfer capacity to their low cost carriers Opportunity to add extra capacity above what has already been announced is limited Medium term Inefficient capacity is likely to stay in the market longer Fares likely to fall as a result of lower oil Long term A low cost base, structural advantage and strong balance sheet will win 26 26
27 Competitive capacity environment Summer 14 Summer 15 Transavia Germanwings Other easyjet 6.8% 6.7% 6.6% Vueling 5.9% 5.5% 6.2% BA Ryanair 5.0% 4.1% BA at Heathrow Ryanair at Stansted Capacity change total total SH easyjet capacity change Competitors on easyjet Capacity change easyjet short Market haul market markets markets Short-haul market easyjet city to city pairs Source: Market capacity data from OAG scheduled data, as at 6 April2015 easyjet markets based on internal easyjet definition
28 Disciplined investment over summer 1. Network Overall c. 6.2% capacity growth over summer Market growth easyjet growth in the market United Kingdom +3.3% 5.4% 3.3% Netherlands +20.4% 5.4% 20.4% France +6.9 % 3.8% 6.9% Germany % 4.3% 15.0% Spain +3.5% 4.6% 3.5% Switzerland +11.3% 10.4% 11.3% Portugal +13.8% 9.7% 13.8% Italy +9.6 % 3.3% 9.6% Source : OAG, scheduled data and Internal easyjet projection May Country capacity growth is based on network touching seats
29 A unique network which is hard to replicate 1. Network Leading presence on top 100 routes Market leading route frequencies Number of market pairs operated between top 100 primary airports Average route frequencies per week easyjet Ryanair Vueling Norwegian Wizz No.1 & 2 positions at slot constrained airports Strong market share built over time 42% 50% 25% 29% 21% 2011 market share 2015 H1 market share 43% 40% 36% 32% 27% 47% 53% easyjet No.1 or No.2 position Slot constrained during peak times Gatwick No1 Edinburgh No1 Nice No1 Malpensa No1 Geneva No1 Basel No1 Source: OAG 29 29
30 Continuing to invest in the network 1. Network Amsterdam New base at Schiphol Airport Three based aircraft Fourth aircraft from October 2015 Increasing capacity in Summer 2015 by over 20% Porto Second Portuguese base Two based aircraft Manchester, Bristol and London Luton routes to be launched in Summer 2015 Increasing capacity for Summer 2015 by 20% Porto base will provide additional network flexibility Naples Base opened in spring 2014 with 2 based aircraft Will increase to 3 based aircraft for Summer 2015 Capacity will increase by over 7% this Summer 30 30
31 Proven yield model 2. Demand Digital and Brand Revenue Management System Customer Relationship Management Product Strong and improving brand positions Mobile app Flight tracker Mobile host Push notifications Demand based system Dynamic continuous pricing Yield management of allocated seating and bags Extensive data Historic picture of customer s experience Personalised communications Loyalty trial Business passenger initiative Allocated seating easyjet Holidays Inflight and ancillary revenue HOW WE SELL 31 31
32 Digital leadership 2. Demand Inspire me s targeted and personalised New flight tracker Personalised and live updates direct from Operations Control Centre Proactive push notifications Apple Watch app Open and upfront Passport scanning save/retrieve Touch ID 32 32
33 Digital leadership Mobile Host at Gatwick 2. Demand 3% Provides guidance and next step instructions to passengers during their day of travel 33 33
34 Driving serious consideration to purchase across Europe 2. Demand easyjet has increased the level of serious consideration to purchase in key markets +6% +6% +8% 59% 61% 65% 59% 61% 65% 29% 34% 37% H1 '13 H1 '14 H1 '15 H1 '13 H1 '14 H1 '15 H1 '13 H1 '14 H1 '15 Note: NL tracking data only available from H2, 2013 Growth of consideration levels in markets with dominant legacy carriers 15% 3% +6% +3% Direct spend opportunity Managed 69% 70% 72% 85% 29% 26% spend 23% opportunity 97% 54% 10% 65% 64% H1 '13 H1 '14 H1 '15 H1 '13 H1 '14 H1 '15 H1 '13 H1 '14 H1 '15 Source: Millward Brown Note: Netherlands tracking data only available from H2,
35 RMS and CRM development 2. Demand Revenue management system Bespoke and proprietary revenue management system Demand based system which maximises the revenue from a flight Customer relationship management Customer data at the heart of easyjet Leverage data, insight and technology to personalise every customer touch point Continuous development Able to predict and duplicate decisions made by pricing managers Customer profile Assigning sales profile curves to each individual flight Continuous dynamic price setting Channel data Travel history Yield management of allocated seating and bags Footer box on intersect of lines line h= and v=8.75 with font 10pt Contact Arial not bold details / history Transaction history 35 35
36 Continuing to drive business passenger initiative 2. Demand Addressable market European short-haul market estimated to be c.165 million seats Managed Business sector presents biggest opportunity Progress in the half Growth in passengers in line with expectations with strong growth in Inclusive fares 59% increase in GDS utilisation easyjet market share across the direct segment is 15% 15% 3% easyjet market share across the managed segment is 3% Second bag across Business fares and easyjet Plus card holders Fast track security for easyjet plus card holders at 35 airports Direct spend opportunity 85% Managed spend opportunity 97% Strengthening sales teams in Germany, France and the Netherlands BCG analysis
37 Future sustainable cost savings 3. Cost Advantage Maintenance cost savings easyjet lean Gatwick single terminal consolidation Covers the total cost base Governance and milestones Ground handling initiatives Lifestyle option programs for crew Long and short term savings Embedded throughout easyjet culture Fuel efficient engines CFM International Regulated and unregulated airport deals easyjet lean will deliver 30 million - 40 million in sustainable savings per annum over the next 5 years 37 37
38 Fleet up-gauging and 186 seat option on A320 s 3. Cost Advantage Fleet up-gauging A320 s replacing A319 s in the fleet 20 A320 s will enter the fleet in 2015 A320 neo aircraft to enter fleet in 2017 Maintaining our cost advantage 2% 4-5% 186 seat option for A320 aircraft A320 aircraft delivered from May 2016 to have 186 seats Retrofit of existing fleet to start in Winter 2016 Retrofit complete by summer % cost per seat saving vs. 180 seat A320 Current generation A320 Current generation A320 New generation A320neo 180 seats 186 seats 186 seats 38 38
39 Progress against financial policies and metrics 4. Capital Discipline Capital discipline + Capital structure + Objectives High asset efficiency Maintain high level of fleet flexibility Ensure robust capital structure Retain ability to invest in profitable growth opportunities Metric Fleet size flexibility of between 204 and 316 aircraft by 2019 Gearing: 15% to 30% Moving to 80:20 ratio on owned vs. leased aircraft Progress 230 aircraft with 9.7 hours asset utilisation in six months to 31 March 2015 Gearing: 20% 31 March % leased 31 March 2015 Liquidity = Maintain sufficient liquidity to manage through industry shocks 4 million cash per aircraft 4.2 million cash per aircraft 31 March 2015 Returns + Dividend policy Maintain industry leading returns Top quartile ROCE Target consistent and continuous payments Return excess capital to shareholders 40% ordinary dividend payout ratio ROCE of 20.5% in the year ended 30 September 2014 Ordinary dividend payment increased by 11.9 pence or 35.5% to 45.4 pence per share Gearing defined as net debt (adjusted by adding seven times aircraft dry leasing payments for a rolling 12 months) divided by the sum of shareholders equity and adjusted net debt 39 39
40 H2 forward bookings H2 bookings in line with prior year % seats sold * 89.8% 91.2% Summer '14 Summer ' % 50.8% Apr May Jun Jul Aug Sep H2 H2 (April 2015 to September 2015) as at 08 May
41 Outlook Capacity (seats flown) H2 c.+6.2% (before disruption) FY c.+5% (before disruption) Revenue per seat (constant currency) Q3: down around 4 percentage points H2: decrease by low single digit percentage points Cost per seat ex fuel (constant currency) FY c.+2.5% (assuming normal disruption levels) Cost per seat including fuel (constant currency) FX FY c.-1.0% (assuming normal disruption levels) H2: c. 40 million adverse movement from foreign exchange rates FY: c. 20 million adverse movement from foreign exchange rates Fuel H2: unit fuel costs 60 million to 85 million favourable FY: unit fuel costs 95 million to 120 million favourable easyjet continues to be well placed to grow revenue and profit this year, delivering sustainable returns to shareholders due to its compelling network, low cost base and strong balance sheet Rates at 8 May 2015 /USD: /EUR: Unit fuel guidance based on Jet fuel trading range of $550/ metric tonne to $750 / metric tonne 41 41
42 Summary easyjet has built the leading business model in short-haul European aviation Continuing to build strong number one and number two positions Pipeline of initiatives to maintain cost advantage Transforming customer experience through digital leadership Sustainable returns through disciplined use of capital Proven strategy, execution and returns 42 42
43 Q & A
44 appendix
45 Aircraft cashflows including overhauls Aircraft FY 2015 FY 2014 Number of aircraft deliveries 20 9 Cashflows (GBP) m FY 2015 FY 2014 Final delivery payments Pre delivery payments Heavy maintenance - owned fleet Total Heavy maintenance - leased fleet Total cash flows (GBP) 560m 418m Figures based on contracted fleet commitments. USD/GBP $1.50, EUR/GBP 1.30Euro 45 45
46 Disclaimer Certain statements in this presentation constitute or may constitute forward-looking statements. Any statement in this presentation that is not a statement of historical fact including, without limitation, those regarding the Company s future expectations, operations, financial performance, financial condition and business is or may be a forward-looking statement. These forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially from those projected or implied in any forwardlooking statement. These risks and uncertainties include, among other factors, changing economic, financial, business or other market conditions. These and other factors could adversely affect the outcome and financial effects of the plans and events described in this presentation. As a result, you are cautioned not to place any reliance on such forward-looking statements. The forward-looking statements reflect knowledge and information available at the date of this presentation and the Company undertakes no obligation to update its view of such risks and uncertainties or to update the forward-looking statements contained herein. Nothing in this presentation should be construed as a profit forecast or profit estimate and no statement in this presentation should be interpreted to mean that the future earnings per share of the Company for current or future financial years will necessarily match or exceed the historical or published earnings per share of the Company. This communication is directed only at (i) persons having professional experience in matters relating to investments who fall within the definition of investment professionals in Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2001; or (ii) high net worth bodies corporate, unincorporated associations and partnerships and trustees of high value trusts as described in Article 49(2) of the Financial Services and Markets Act 2000 (Financial Promotion) Order Persons within the United Kingdom who receive this communication (other than those falling within (i) and (ii) above) should not rely on or act upon the contents of this communication. Nothing in this presentation is intended to constitute an invitation or inducement to engage in investment activity for the purposes of the prohibition on financial promotion contained in the Financial Services and Markets Act This presentation has been furnished to you solely for information and may not be reproduced, redistributed or passed on to any other person, nor may it be published in whole or in part, for any other purpose. This presentation does not constitute or form part of, and should not be construed as, an offer for sale or subscription of, or solicitation of any offer to buy or subscribe for, any securities of easyjet plc ( easyjet ) in any jurisdiction nor should it or any part of it form the basis of, or be relied on in connection with, any contract or commitment whatsoever. This presentation does not constitute a recommendation regarding the securities of easyjet. Without limitation to the foregoing, these materials do not constitute an offer of securities for sale in the United States. Securities may not be offered or sold into the United States absent registration under the US Securities Act of 1933 or an exemption there from. easyjet has not verified any of the information set out in this presentation. Without prejudice to the foregoing, neither easyjet nor its associates nor any officer, director, employee or representative of any of them accepts any liability whatsoever for any loss however arising, directly or indirectly, Footer from box on any intersect reliance of lines on this line presentation h= and v=8.75 or its contents. with font 10pt Arial not bold This presentation is not being issued, and is not for distribution in, the United States (with certain limited exceptions in accordance with the US Securities Act of 1933) or in any jurisdiction where such distribution is unlawful and is not for distribution to publications with a general circulation in the United States. By attending or reading this presentation you agree to be bound by the foregoing limitations
Q1 2016 analyst and investor presentation. Tuesday 26 January 2016
Q1 2016 analyst and investor presentation Tuesday 26 January 2016 Q1 performance Overview 1. Resilient commercial performance Robust demand environment drives strong start to the quarter Impact of Sharm
More informationFull Year Results Analyst and Investor Presentation. Tuesday 18 November 2014
Full Year Results Analyst and Investor Presentation Tuesday 18 November 2014 Introduction Carolyn McCall Chief Executive Officer PBT / seat Continued execution of the strategy Strong revenue performance
More informationH1 2016 Analyst & investor presentation. Tuesday 10 May 2016
H1 2016 Analyst & investor presentation Tuesday 10 May 2016 Introduction Carolyn McCall Chief Executive Officer easyjet s resilient model continues to deliver Robust performance despite the impact from
More informationFull Year Results Analyst and Investor Presentation. Tuesday 19 November 2013
Full Year Results Analyst and Investor Presentation Tuesday 19 November 2013 Introduction Carolyn McCall Chief Executive Officer Continued strong performance Strong performance 17% ROCE 17.4% Platform
More informationEASYJET TRADING STATEMENT FOR THE QUARTER ENDED 30 JUNE 2015
22 July 2015 easyjet Trading Statement Page 1 of 6 A. HIGHLIGHTS: EASYJET TRADING STATEMENT FOR THE QUARTER ENDED 30 JUNE 2015 easyjet performance in the quarter Good commercial performance with revenue
More informationEASYJET TRADING STATEMENT FOR THE QUARTER ENDED 31 DECEMBER 2015
26 January 2016 easyjet Trading Statement Page 1 of 6 EASYJET TRADING STATEMENT FOR THE QUARTER ENDED 31 DECEMBER 2015 Continued robust commercial performance and strong management action on cost delivers
More informationeasyjet plc Year to 30 September 2011 Pre-close statement presentation
EZYRIDER\Presentations\20110901 - Mgmt Strategy Presentation\Optimise returns MAIN - 190811 v 42.pptx easyjet plc Year to 30 September 2011 Pre-close statement presentation 1 EZYRIDER\Presentations\20110901
More informationFull year results analyst and investor presentation. Tuesday 17 November 2015
Full year results analyst and investor presentation Tuesday 17 November 2015 Introduction Carolyn McCall Chief Executive Officer easyjet strategy delivers record results Profit before tax has increased
More informationEASYJET TRADING STATEMENT FOR THE QUARTER ENDED 31 DECEMBER 2014
27 January 2015 easyjet Trading Statement Page 1 of 7 A. HIGHLIGHTS: EASYJET TRADING STATEMENT FOR THE QUARTER ENDED 31 DECEMBER 2014 Drive demand, conversion and yields across Europe Seats flown grew
More informationFull year results Analyst & Investor presentation Tuesday 15 15 November November 2011 1 1
Full year results Analyst & Investor presentation Tuesday 15 November 2011 1 1 Introduction Carolyn McCall Chief Executive 2 Agenda 1. Review of F 11 2. Financial review 3. Looking forward 3 Operational
More information2007 Interim Results. 09 May 2007
2007 Interim Results 09 May 2007 1 Highlights Margin improved by 4.0pp as loss before tax reduced from 40m to 17m Total revenue grew by 14% to 719m Passenger revenues up 0.8% or 0.26 to 31.70 per seat
More informationeasyjet plc Results for the six months ended 31 March 2015
12 May 2015 easyjet plc Results for the six months ended 31 March 2015 Proven strategy delivers profitable first half result 2015 2014 Change Total revenue ( million) 1,767 1,702 3.8 % Profit / (loss)
More informationMaking a strong business stronger. 18 June 2013
Making a strong business stronger 18 June 2013 1 Introduction John Barton Chairman 2 2 Fleet order Carolyn McCall Chief Executive Officer 3 3 Continuation of strategy to drive growth and returns Leverage
More informationeasyjet plc Results for the twelve months ended 30 September 2015 easyjet delivers record profits and returns
17 November 2015 easyjet plc Results for the twelve months ended 30 September 2015 easyjet delivers record profits and returns 2015 2014 Change Total revenue ( million) 4,686 4,527 3.5 % Profit before
More informationAnalysts and Investors conference call Q1 2014 results 15 May 2014
Analysts and Investors conference call Q1 2014 results 15 May 2014 DISCLAIMER This presentation has been prepared by Air Berlin PLC. No representation, warranty or undertaking, express or implied, is made
More informationMarch 2015 Debt Investor Update
March 2015 Debt Investor Update E u r o p e s O n l y U l t r a L o w C o s t C a r r i e r Proven, resilient business model Europe s lowest fares/lowest unit costs Europe s No 1, Traffic Europe s No 1,
More informationFlybe - 2012/13 Half-year Results. Analyst and Investor Presentation
Flybe - 2012/13 Half-year Results Analyst and Investor Presentation 8 November 2012 Agenda 2 Introduction Jim French, Chairman & CEO Financial Review Strategy Strategic Update Review & Business Review
More informationStrong performance driven by firm control of costs, the strength of the easyjet network and focus on customers
15 November 2011 easyjet plc Results for the year ended 30 September 2011 Strong performance driven by firm control of costs, the strength of the easyjet network and focus on customers Results at a glance
More information2014 FULL YEAR RESULTS
2014 FULL YEAR RESULTS -3% -8% Financial and Operational Highlights Operational Revenue mntl (1) Ancillary Revenue/Pax Load Factor 29% 16% 13% 22% TRY mn 2.38 4,7 TRY mn 3.08 1,7 TRYm n 569,3 TRYm n 661,9
More informationMaking travel easy and affordable
Making travel easy and affordable Annual report and accounts 2014 See all of the investor information online at http://corporate.easyjet.com/ investors Strategic report Our business model 2 easyjet at
More informationAnalysts and Investors conference call Q2 2014 results 21 August 2014
Analysts and Investors conference call Q2 2014 results 21 August 2014 DISCLAIMER This presentation has been prepared by Air Berlin PLC. No representation, warranty or undertaking, express or implied, is
More informationeasyjet plc Results for the six months ended 31 March 2016
10 May 2016 easyjet plc Results for the six months ended 31 March 2016 Resilient business model delivers robust performance and increased dividend payout Resilient performance easyjet delivered a robust
More informationResults for the six months ended 31 March 2010. easyjet performance continues to strengthen
Results for the six months ended 31 March 2010 easyjet plc easyjet performance continues to strengthen Results at a glance 2010 2009 Change Total revenue ( million) 1,170.7 1,032.8 13.3 % Loss before tax
More information19 November 2013 easyjet plc Results for the year ended 30 September 2013. 51% rise in full year profits; 17.4% return on capital employed
19 November 2013 easyjet plc Results for the year ended 30 September 2013 51% rise in full year profits; 17.4% return on capital employed 2013 2012 Change Total revenue ( million) 4,258 3,854 +10.5% Profit
More informationAnalysts and Investors conference call Q3 2013 results. 14 November 2013
Analysts and Investors conference call Q3 2013 results 14 November 2013 Management summary Key highlights in Q3 2013 Topline development was satisfactory: Capacity is down by 5.8% (seats) and 3.9% (ASK)
More informationAegean Airlines 2007 Review & Business Outlook. Analysts Conference Call February 20, 2008
Aegean Airlines 2007 Review & Business Outlook Analysts Conference Call February 20, 2008 Agenda 2007 Review Business Outlook Key highlights Domestic network International network Activity Our fleet Financials
More informationRYANAIR DELIVERS RECORD Q3 PROFITS, TRAFFIC GROWS BY 54%, PROFITS RISE BY 10%
RYANAIR DELIVERS RECORD Q3 PROFITS, TRAFFIC GROWS BY 54%, PROFITS RISE BY 10% Ryanair, Europe s No.1 low fares airline today (Wed 28 Jan 2004) released financial results for the quarter ended 31 Dec 03
More informationSTRATEGIC REPORT GOVERNANCE ACCOUNTS & OTHER INFORMATION. See all of the investor information online at http://corporate. easyjet.
Annual report and accounts 2013 STRATEGIC REPORT Our business model 2 easyjet at a glance 4 Our journey so far 6 Chairman s statement 8 Chief Executive s review 9 Financial performance 9 Market overview
More informationNORWEGIAN AIR SHUTTLE ASA QUARTERLY REPORT THIRD QUARTER 2005 [This document is a translation from the original Norwegian version]
NORWEGIAN AIR SHUTTLE ASA QUARTERLY REPORT THIRD QUARTER 2005 THIRD QUARTER IN BRIEF The operating revenue has increased by 78 % to MNOK 589,9 compared to MNOK 331,7 in the same period last year. The total
More informationAegean Airlines Nine Month 2008 Results. Analysts Conference Call November 12, 2008
Aegean Airlines Nine Month 2008 Results Analysts Conference Call November 12, 2008 Key Highlights Turnover increased 26% to 468.2m from 370.5m Total passengers served reached 4.6m, +13% above 2007 (+23%
More informationNorwegian Air Shuttle ASA
Norwegian Air Shuttle ASA Q4 2015 Presentation 11 February 2016 Highlights Launched routes in Q4 to the Caribbean (Puerto Rico, St Croix, Martinique, Guadeloupe) and domestic Spain. New base in Italy in
More informationThe company increased its revenues by 8.4% to reach 863 million Euros in 2011. The operating profit (EBIT) amounted to 11.4 million Euros.
2011 results Vueling achieves a net profit of 10.4 million Euros in 2011, despite the increase in fuel prices The company increased its revenues by 8.4% to reach 863 million Euros in 2011. The operating
More informationPhoto: Bjørn Morgan / August 2014
Norwegian Air Shuttle ASA Q3 2014 Presentation Photo: Bjørn Morgan / August 2014 Double digit revenue growth in Q3 driven by International Group revenues of MNOK 6,337 in Q3 2014 +30 % 6 000 5 000 4 000
More informationRECORD PRE-TAX PROFIT UP 56% TO 202 MILLION
easyjet plc Preliminary results for the 12 months to 30 September 2007 20 November 2007 RECORD PRE-TAX PROFIT UP 56% TO 202 MILLION Record pre-tax profit of 201.9m, including a 10.6m one-off benefit of
More informationSBERBANK GROUP S IFRS RESULTS. March 2015
SBERBANK GROUP S IFRS RESULTS 2014 March 2015 SUMMARY OF PERFORMANCE FOR 2014 STATEMENT OF PROFIT OR LOSS Net profit reached RUB 290.3bn (or RUB 13.45 per ordinary share), compared to RUB 362.0bn (or RUB
More informationDriving returns and profitable growth in European aviation. 10 September 2013
Driving returns and profitable growth in European aviation 10 September 2013 1 Agenda Introduction Build No.1 and No.2 network positions Maintain cost advantage Drive demand, conversion and yield Capital
More informationYear ended 31 Dec 2009
PACE PLC CHANGE OF FUNCTIONAL AND PRESENTATIONAL CURRENCY AND COMPARATIVES RE-PRESENTED IN US DOLLARS Introduction Pace announced at the time of its preliminary results announcement that the Board had
More informationFleet and funding strategy Solid foundation for growth
Fleet and funding strategy Solid foundation for growth Erno Hildén, CFO Finnair Capital Markets Day, 22 May 2014 1 Disclaimer This document includes forward-looking statements. These forward-looking statements
More informationQ4 2014 Highlights. 22% revenue growth y.o.y. Unit cost (CASK) increased by 3% y.o.y to NOK 0.43. NOK 0.5 bn loss related to hedges for 2015
Norwegian Air Shuttle ASA Q4 2014 Presentation Q4 2014 Highlights 22% revenue growth y.o.y Driven by long-haul expansion Received three new 737-800 s in Q4 replacing older aircraft 45% growth in ancillary
More information2015 Half-Year Results
2015 Half-Year Results 26 August 2015 Copyright Copyright 2015 2015 APR Energy. APR Energy. All Rights All Rights Reserved. Reserved. APR Energy, APR Energy, its logo, its logo, and Powering and Powering
More informationGATWICK AIRPORT* RESULTS FOR THE PERIOD ENDED 30 SEPTEMBER 2015
GATWICK AIRPORT* RESULTS FOR THE PERIOD ENDED 30 SEPTEMBER 2015 * Consolidated results for Ivy Holdco Limited, the parent of Gatwick Airport Limited, representing the performance of the Gatwick Airport
More informationHow To Sell An Investment Bank
RESULTS PRESENTATION Half year ended 30 November 2013 IG H1 FY14 RESULTS PRESENTATION P1 DISCLAIMER This presentation, prepared by IG Group Holdings plc (the Company ), may contain forward-looking statements
More informationIntroduction. Strong growth continues. Implementing the strategy - 3 - H2 Group revenue H1 Group revenue
!" #$% $ Disclaimer This presentation, prepared by IG Group Holdings plc (the Company ), contains forward-looking statements about the IG Group. By their very nature, forward-looking statements involve
More informationGjensidige Insurance Group Q4 2008 and preliminary 2008
Gjensidige Insurance Group Q4 2008 and preliminary 2008 Disclaimer The information contained herein has been prepared by and is the sole responsibility of Gjensidige Forsikring BA ( the Company ). Such
More informationGATWICK AIRPORT LIMITED RESULTS FOR THE YEAR ENDED 31 MARCH 2015
GATWICK AIRPORT LIMITED RESULTS FOR THE YEAR ENDED 31 MARCH 2015 OPERATIONAL AND FINANCIAL PERFORMANCE HIGHLIGHTS TRAFFIC GROWTH EBITDA GROWTH PROFIT FOR THE YEAR CAPITAL EXPENDITURE SENIOR NET DEBT *
More informationFITCH RATES RYANAIR HOLDING PLC 'BBB+'; OUTLOOK STABLE
FITCH RATES RYANAIR HOLDING PLC 'BBB+'; OUTLOOK STABLE Fitch Ratings-New York/London-16 May 2014: Fitch Ratings has assigned Ryanair Holdings plc (RYA) a 'BBB+' Long-term Issuer Default Rating (IDR). The
More informationWE ARE. SHOWROOMPRIVE.com FY2015 RESULTS February, 16 th 2016
WE ARE SHOWROOMPRIVE.com FY2015 RESULTS February, 16 th 2016 I BUSINESS UPDATE AND 2015 RESULTS HIGHLIGHTS 2015: A YEAR FULL OF ACHIEVEMENTS A STRONG AND PROFITABLE GROWTH 443m net sales and 24m EBITDA
More informationNumbers, Business, Market Update Scott Barnett, US Divisional Chief Financial Officer
James Hardie US Investor/Analyst Tour 14-17 September 2008 Denver, Colorado Numbers, Business, Market Update Scott Barnett, US Divisional Chief Financial Officer In this Management Presentation, James
More informationNORWEGIAN AIR SHUTTLE ASA
NORWEGIAN AIR SHUTTLE ASA FIRST QUARTER REPORT 2013 HIGHLIGHTS First quarter revenue up by 23% to MNOK 2,904 (2,360). RASK up 2% to 0.39, where yield was up 4% to 0.51 and load factor was down 1% to 76%.
More informationSoftware AG Results 1 st Quarter 2015 (IFRS, unaudited)
Software AG Results 1 st Quarter (IFRS, unaudited) April 29, 1 Safe Harbor This presentation includes forward-looking statements based on the beliefs of Software AG management. Such statements reflect
More informationFinnair Q1 result info
Finnair Q1 result info 7 May 2014 CEO Pekka Vauramo CFO Erno Hildén 1 Updated mission and strategic targets 2 Our Mission Offer the smoothest connections in the northern hemisphere via Helsinki, and the
More informationThird quarter results as of December 31, 2014. Investor presentation
Third quarter results as of December 31, 2014 Investor presentation February, 26 th 2015 Disclaimer Certain statements included or incorporated by reference within this presentation may constitute forwardlooking
More information2016 Interim Results Presentation 24 November 2015
2016 Interim Results Presentation 24 November 2015 Disclaimer This presentation includes statements that are, or may be deemed to be, forward-looking statements. These forward-looking statements can be
More informationMMS Group FY15 Results Presentation. August 2015
August 2015 Group Overview 2 Overview MMS generated a record financial result in FY15 o EBITDA up 20%, NPAT up 23%, EPS up 18% MMS has entered a new stage in its evolution o Step change in scale, competitiveness
More information-9% Interim report Q22013. Norwegian Air Shuttle ASA second quarter and first half. Unit cost: Unit cost NOK 0.42
Interim report Norwegian Air Shuttle ASA second quarter and first half Unit cost: -9% Unit cost NOK 0.42 Pre-tax profit of MNOK 277 and margin improvement of 3 p.p. International expansion contributes
More informationNN GROUP FINANCIAL SUPPLEMENT 4Q2014
NN GROUP FINANCIAL SUPPLEMENT 4Q2014 NN GROUP FINANCIAL SUPPLEMENT 4Q2014 INTRODUCTION The Financial Supplement includes quarterly financial trend data and is published on a quarterly basis. Rounding could
More informationChief Financial Officer s report
12 / British Airways 2008/09 Annual Report and Accounts Chief Financial Officer s report Last year we said that record profitability had put us in a good position to weather economic slowdown. That has
More informationSingapore Airlines Group Analyst/Media Briefing FY2012-13 13 RESULTS 17 MAY 2013 THE PARENT AIRLINE FY2012/13 RESULTS
Singapore Airlines Group Analyst/Media Briefing FY2012-13 13 RESULTS 17 MAY 2013 THE PARENT AIRLINE FY2012/13 RESULTS THE PARENT AIRLINE COMPANY RESULTS FY2012/13 4Q/12 $million Better/ (Worse) $million
More informationRYANAIR REPORTS RECORD PROFITS OF 481M UP 20%, FARES FALL 1%, TRAFFIC GROWS 20% TO 51M.
RYANAIR REPORTS RECORD PROFITS OF 481M UP 20%, FARES FALL 1%, TRAFFIC GROWS 20% TO 51M. Ryanair, Europe s biggest low fares airline, today (3 June) announced a 20% increase in full year net profits after
More informationIAG results presentation. Quarter Four 2014 27 th February 2015
IAG results presentation Quarter Four 2014 27 th February 2015 2014 full year financial summary OPERATING PROFIT 1,249m (pre-vueling, pre-exceptional items) 1,390m (reported, pre-exceptional items) + 620m
More informationGrandVision reports Revenue growth of 13.8% and EPS growth of 31.7%
GrandVision reports Revenue of 13.8% and EPS of 31.7% Schiphol, the Netherlands 16 March 2015. GrandVision NV (EURONEXT: GVNV) publishes Full Year and Fourth Quarter 2015 results. 2015 Highlights Revenue
More informationPreliminary Results. 3 March 2015
Preliminary Results 3 March 2015 Matthew Price Chief Financial Officer Trading strongly & investing in technology Revenue EBITDA (adjusted) EPS (adjusted) 248M 95M 12.3p 10% 13% 14% Capital Investment
More informationSAS Q4 2013/2014 December, 2014
SAS Q4 2013/20 December, 20 SAS delivers in line with guidance and introduces further efficiency measures Q4 EBT Full year EBT SEK 789* million SEK 347** million SAS EBT* SEK millions +188 789 Commercial
More informationRYANAIR Q1 REVENUES GROW 11%, TRAFFIC GROWS 6% TO 22.5M PROFIT S DECLINE 29% TO 99M - FULL YEAR GUIDANCE UNCHANGED.
On June 19 th Ryanair announced an all cash offer for Aer Lingus at 1.30 per share. Ryanair believes that its offer, if approved by the EU Commission, will be good for Aer Lingus traffic growth, jobs and
More informationFinnair Q3 Result 2012. 26 October 2012
Finnair Q3 Result 2012 26 October 2012 1 Content Market environment in Q3 Business performance and strategy execution Outlook Financials 2 Finnair Q3 Result, 26 October 2012 Market Environment The global
More informationNOMAD FOODS LIMITED ANNOUNCES FINANCIAL RESULTS FOR THE THREE MONTHS ENDED MARCH 31, 2016
NOMAD FOODS LIMITED ANNOUNCES FINANCIAL RESULTS FOR THE THREE MONTHS ENDED MARCH 31, 2016 FELTHAM, United Kingdom, May 25, 2016 /PRNewswire/ Nomad Foods Limited ( Nomad or the Company ) (NYSE: NOMD), today
More informationKuehne + Nagel International AG Analyst Conference Call Full-year 2015 results. March 2, 2016 (CET 14.00) Schindellegi, Switzerland
Kuehne + Nagel International AG Analyst Conference Call Full-year results March 2, 2016 (CET 14.00) Schindellegi, Switzerland Forward-looking statements This presentation contains forward-looking statements.
More informationInvestor conferences Asia, United Kingdom and United States September and October 2015
MARKET ANNOUNCEMENT Computershare Limited ABN 71 005 485 825 Yarra Falls, 452 Johnston Street Abbotsford Victoria 3067 Australia PO Box 103 Abbotsford Victoria 3067 Australia Telephone 61 3 9415 5000 Facsimile
More informationExecution of strategy
Execution of strategy Alex Wynaendts CEO AEGON Jan Nooitgedagt CFO AEGON Analyst & Investor Conference New York City, 6 & 7 December, 2011 Key messages Strong capital position driven by improved risk profile
More informationQ1 2010 Results Analyst Presentation Henk van Dalen, CFO 3 May 2010
Q1 2010 Results Analyst Presentation Henk van Dalen, CFO 3 May 2010 Overall trading conditions continue to improve GROUP Operating income 251 million ( 163 million in Q1 20); quarter benefited from four
More informationCROSS RELEASE PXUPA ASX RELEASE
CROSS RELEASE PXUPA ASX RELEASE 19 August 2010 PaperlinX Limited ABN 70 005 146 350 307 Ferntree Gully Road Mt Waverley Victoria 3149 Australia Tel: +61 3 8540 2211 Fax: +61 3 8540 2255 PAPERLINX 2010
More informationAn income statement and statement of comprehensive income (continued)
FIRST RESOURCES LIMITED Unaudited Financial Statements for the Third Quarter ( 3Q ) and Nine Months ( 9M ) Ended 30 September 2015 1(a) An income statement and statement of comprehensive income or a statement
More informationRYANAIR ANNOUNCE RECORD Q.1 RESULTS NET PROFIT RISES 80% TO 116m - TRAFFIC GROWS 25% TO 10.7m
RYANAIR ANNOUNCE RECORD Q.1 RESULTS NET PROFIT RISES 80% TO 116m - TRAFFIC GROWS 25% TO 10.7m Ryanair, Europe s No.1 low fares airline, today (August 1, 2006) announced record profits of 115.7m for its
More informationNN GROUP FINANCIAL SUPPLEMENT 1Q2016
NN GROUP FINANCIAL SUPPLEMENT 1Q2016 NN GROUP FINANCIAL SUPPLEMENT 1Q2016 INTRODUCTION The Financial Supplement includes quarterly financial trend data and is published on a quarterly basis. Figures are
More informationThe Merchant Securities FTSE 100. Hindsight II Note PRIVATE CLIENT ADVISORY
The Merchant Securities FTSE 100 Hindsight II Note Our first FTSE-100 Hindsight Note is now fully subscribed; however, as a result of exceptional investor demand we are launching the FTSE- 100 Hindsight
More informationAgenda. Update on Transform 2015. 2012: first effects of plan. Reinforcement of our competitive advantages. Conclusions. Information meeting
Agenda Update on Transform 2015 2012: first effects of plan Reinforcement of our competitive advantages Conclusions 2 Transform 2015 Transform 2015: Levers and objectives 1 2 Limited capacity growth Investment
More informationCompany and its 12. Page IN EQUITY T OF CASH FLOWS AUDIT REVIEW OUTLOOK DIVIDEND
TIGER AIRWAYS HOLDINGS LIMITED Co. Reg. No. 200701866W (Incorporated in the Republic of Singapore) THIRD QUARTER AND NINE MONTHS FINANCIAL STATEMENTS The Board of Directors (the Board ) of Tiger Airways
More informationPerformance Food Group Company Reports First-Quarter Fiscal 2016 Earnings
NEWS RELEASE For Immediate Release November 4, 2015 Investors: Michael D. Neese VP, Investor Relations (804) 287-8126 michael.neese@pfgc.com Media: Joe Vagi Manager, Corporate Communications (804) 484-7737
More informationSberbank Group s IFRS Results for 6 Months 2013. August 2013
Sberbank Group s IFRS Results for 6 Months 2013 August 2013 Summary of 6 Months 2013 performance: Income Statement Net profit reached RUB 174.5 bn (or RUB 7.95 per ordinary share), a 0.5% decrease on RUB
More informationSAS Q1 2015/2016 TELECONFERENCE
SAS Q1 2015/2016 TELECONFERENCE 08.03.2016 Significantly improved earnings in Q1 Financials EBT improved MSEK 527 Passenger up 1% currency adjusted Jet fuel costs down SEK 0.8 billion Market Intensified
More informationDouble digit revenue growth in Q4
Double digit revenue growth in Q4 Group revenues of MNOK 2,145 in Q4 2010, 23 % growth since last year Domestic revenue: MNOK 848 (+5%) International revenue: MNOK 1,297 (+37%) Revenues 1,145 1,615 1,750
More informationUNAUDITED CONDENSED CONSOLIDATED INCOME STATEMENT
ANNOUNCEMENT The Board of Directors of AirAsia Berhad ( AirAsia or the Company ) is pleased to announce the following unaudited consolidated results of AirAsia and its subsidiaries (collectively known
More informationMeasuring performance Update to Insurance Key Performance Indicators
Measuring performance Update to Insurance Key Performance Indicators John Hele Member of Executive Board and CFO of ING Group Madrid 19 September 2008 www.ing.com Agenda Performance Indicators: Background
More informationFor personal use only
GROUP HIGHLIGHTS 1H12 1H11 % Premium revenue $554.4m $495.0m 12.0 Total policyholders 457,768 430,582 6.3 Net underwriting profit $42.7m $40.9m 4.5 Net investment income $12.4m $18.6m (33.2) Net profit
More informationInterim Results 2015 12 March 2015
Interim Results 2015 12 March 2015 2015 Interim Highlights Adjusted diluted EPS of 5.80c underlying increase of 7.1% Group Revenue Agri-Services Operating Profit Share of Profit of Associates and JV Adjusted
More informationVOLEX INTERIM RESULTS TO OCTOBER 5 2014. Christoph Eisenhardt, CEO Nick Parker, CFO November 2014
VOLEX INTERIM RESULTS TO OCTOBER 5 2014 Christoph Eisenhardt, CEO Nick Parker, CFO November 2014 Disclaimer This Presentation has been prepared by Volex PLC (the Company ) in connection with the publication
More informationFinancial Outlook: Prepared for all demand scenarios Investor Day 2011
Financial Outlook: Prepared for all demand scenarios Investor Day 2011 Stephan Gemkow Member of the Executive Board and CFO Zurich, September 21 st, 2011 0 Growth expectations have been revised downwards
More informationKuehne + Nagel International AG Analyst Conference Call Q1 results 2015. April 14, 2015 (CET 14.00) Schindellegi, Switzerland
Kuehne + Nagel International AG Analyst Conference Call Q1 results 2015 (CET 14.00) Schindellegi, Switzerland Forward-looking statements This presentation contains forward-looking statements. Such statements
More information2015 Annual Results 26 August 2015 Christopher Luxon CEO Rob McDonald CFO
2015 Annual Results 26 August 2015 Christopher Luxon CEO Rob McDonald CFO 1 The year in review Another year of earnings growth: Normalised earnings* before taxation $496 million, up 49.4% Statutory net
More informationResults PostNL Q3 2014
Results PostNL Q3 2014 The Hague, 3 November 2014 PostNL reports solid Q3 2014 results Financial highlights Q3 2014 Revenue increased to 988 million (Q3 2013: 969 million) Underlying cash operating income
More informationTomTom Q4 2012 results. Harold Goddijn CEO Marina Wyatt CFO 12 February 2013
TomTom Q4 2012 results Harold Goddijn CEO Marina Wyatt CFO 12 February 2013 Summary of results Revenue of 1,057 million and adjusted EPS of 0.40 PND market performed as expected Automotive affected by
More informationFocus on fleet customers SAF-HOLLAND Annual Financial Statements 2013
Focus on fleet customers SAF-HOLLAND Annual Financial Statements 213 Detlef Borghardt, CEO Wilfried Trepels, CFO March 13, 214 Agenda 1 Financials 3 2 Appendix 21 2 Executive Summary 1 2 3 Group sales
More informationLondon Stock Exchange Symbol: PLUS
London Stock Exchange Symbol: PLUS 1 Disclaimer The Presentation does not constitute or form part of any offer or invitation to sell or issue, or any solicitation of any offer to purchase or subscribe
More informationFull Year Report 2005. 26 January 2006
Full Year Report 2005 26 January 2006 Important Notice This Presentation has been produced by TradeDoubler AB (the Company ) and is furnished to you solely for your information. This document contains
More informationLOGO BUSINESS SOLUTIONS
LOGO BUSINESS SOLUTIONS Analyst Presentation for FY 2014 Gülnur Anlaş Chief Financial Officer February 16, 2015 12 1 Disclaimer This presentation contains information and analysis on financial statements
More informationFY15 Results, Strategy Update and Refinancing. 25 March 2015
FY15 Results, Strategy Update and Refinancing 25 March 2015 Important notice 2 This document does not constitute or form part of any offer or invitation to sell or issue, or any solicitation of any offer
More informationConfirmation Code: 2977298
DATE: 26 February 2014 Attached is the Presentation regarding Pact s Interim Financial Results for the half-year ended 31 December 2013. The Presentation will occur at 10am (Melbourne time) today. Dial
More informationDisclaimer. This document has been prepared by Tele Columbus AG (the "Company") solely for informational purposes.
Disclaimer This document has been prepared by Tele Columbus AG (the "Company") solely for informational purposes. This presentation may contain forward-looking statements. These statements are based on
More informationAgenda. Conclusion of Transform 2015. Key Perform 2020 initiatives. Perform 2020 financial framework. Information meeting
Information meeting Agenda Conclusion of Transform 2015 Key Perform 2020 initiatives Perform 2020 financial framework 2 Transform 2015: first phase of group turnaround accomplished Strict capacity discipline
More information