Air Berlin PLC 29 May 2013 Commerzbank Roadshow Hamburg
|
|
- Mark Baldwin
- 8 years ago
- Views:
Transcription
1 Air Berlin PLC 29 May 2013 Commerzbank Roadshow Hamburg
2 airberlin a strong European carrier Market position as of 31 December 2012 No. 2 in core market: Germany / Austria / Switzerland < No. 7 in Europe with 33.3 m guests in 2012 Network carrier focused on business & leisure travelers Group revenue of EUR 4.31 billion Positive operating result (EBIT) of EUR 70.2 million improvement of more than EUR 300 million over the previous year Net profit of EUR 6.8 million 2
3 Management Board Air Berlin PLC Wolfgang Prock-Schauer Chief Executive Officer (CEO) Paul Gregorowitsch Chief Commercial Officer (CCO) Ulf Hüttmeyer Chief Financial Officer (CFO) Helmut Himmelreich Chief Operating Officer (COO) Dr. Martina Niemann Chief Human Resources Officer (CHO) 3
4 Board of Directors Air Berlin PLC Dr Hans-Joachim Körber Chairman Board of Directors, Chairman Nominations Committee, Member Remuneration Committee, Finance Committee James Hogan CEO Etihad Airways, Vice Chairman Board of Directors, Member Nominations Committee Wolfgang Prock- Schauer Chief Executive Officer (CEO) Joachim Hunold Former CEO Air Berlin PLC, Member Board of Directors Austin Reid Member Board of Directors of Air Berlin PLC since 3 January 2013, Member Audit Committee James Rigney CFO Etihad Airways, Member Board of Directors, Member Finance Committee Ali Sabanci Member Board of ESAS Holding and Chairman Pegasus Airlines, Member Board of Directors, Finance Committee Heinz-Peter Schlüter Chairman Supervisory Board of Trimet Aluminium AG, Essen, Member Board of Directors, Chairman Audit and Remuneration Committee, Member Nominations Committee Nicholas Teller CEO E.R. Capital Holding GmbH & Cie. KG, Hamburg, Member Board of Directors, Chairman Finance Committee, Member Audit, Nominations and Remuneration Committee Johannes Zurnieden Managing Director Phoenix Reisen GmbH, Bonn, Former Chairman Board of Directors, Member Board of Directors, Nomination and Remuneration Committee 4
5 airberlin route network from Hamburg in summer connections via Dusseldorf Los Angeles Tenerife Gran Canaria New York Fort Myers Miami Varadero Cancun Puerto Plato Punta Cana Ponta Delgada Funchal Curacao Faro Malaga Lanzarote Fuerteventura Hamburg Direct destinations Connections via Dusseldorf Moscow London Dusseldorf Guernsey Jersey Nuremberg Stuttgart Vienna Munich Zurich Salzburg Milan Venice Nice Florence Alicante Rome Thessaloniki Palma Olbia Lamezia Terme Lesbos Cagliari Ibiza Corfu Samos Catania Kos Karpathos Heraklion Adana Antalya Hurghada Tel Aviv Abu Dhabi fourth-largest airberlin airport in Germany more than 3.1 Mio. guests in 2012 no. 2 in Hamburg 6 based aircraft 26 direct destinations 23% market share almost 300 employees in Hamburg *passenger share in Dusseldorf in 2012 **weeklyab-ab Connections <=180 Min. transfer time in S13 5
6 airberlin s lounge concept Hamburg 6
7 Key performance indicators FY 2012 Operational development 2012 vs % Guests [m] Capacity [m] Number of flights [#] Guests [m] Due to capacity reductions, number of guests declined % Capacity [m] Cancellation of unprofitable routes, hence number of offered seats reduced -7.4% 270, ,406 Flights Network adjustments result in fewer number of total flights 78.2 Seat load factor [%] +1.6%p Guests/capacity [%] Seat load factor improves in line with capacity adjustments % Yield [EUR] Yield [EUR] Due to cancellation of unprofitable routes and measures to increase yield, topline quality improved based on IFRS flight revenue including a/p tax revenue % ASK ASK [bn] Due to route adjustments available seat kilometer declined by -2.8%
8 Financial Performance FY 2012 Revenue EBITDAR EBIT Net result Despite a reduction of capacity, an increase in revenue is achieved from a slightly higher seat load factor and an increase in yield [EUR m] Revenue growth, volume related cost reductions and "topbonus" transaction helped to improve EBITDAR significantly Improvement in EBIT is following EBITDAR development Followed by a better financial result, the company returned to net profit and improved by more than EUR 270 m (before adjustment of deferred taxes in 2011) +2% 4, , % %
9 Financial Performance [EURm] Q compared to Q Revenue EBIT Net result Despite 11% decline in available seat kilometers, revenue only declined by 3% due to better yield and load performance % EBIT in Q was EUR 188.4m after EUR 149.3m Taking into account the non-recurring effects from asset sales in Q1 2012, EBIT would have been EUR 173.1m Taking into account non-recurring effects in Q1 2013, turnaround charges and other extraordinary items such as the strike of security personnel at several airports, EBIT in Q was 171.2m Thus, adjusted EBIT came in on previous year s level Due to weaker non-cash financial result, net result is weaker than previous year -20% Q1/12 Q1/13 ACTUAL excl. other operating income & turnaround charges 9
10 Balance sheet structure [EUR m] B/S as of Dec 31, 2012 B/S as of Mar 31, ,218 2,473 6% Equity Fixed assets 53% Fixed assets 48% Other current assets 32% 94% Debt Other current assets 33% 102% Debt Liquid assets 15% Liquid assets 19% -2% Equity Net debt: 770 Net debt:
11 Dollar hedging Hedging profile [%] FX rate development [USD/EUR] 1) Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec 1.26 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Hedging rate 2013 (as of 07 May 2013) Hedging rate 2012 (as of 11 May 2012) Current hedge rate Market / Forward rate Hedge rate ) as of 07 May 2013 / 11 May
12 Fuel hedging Hedging profile [%] Price development [USD/t] 1) , , , Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec 550 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Hedging rate 2013 (as of 07 May 2013) Hedging rate 2012 (as of 11 May 2012) Current hedge price Market / Forward price Hedge price ) as of 07 May 2013 / 11 May 2012; excl. differentials 12
13 airberlin well positioned in core market Europe 150 destinations in 40 countries (incl. codeshare partners: 260 destinations) Second largest airline in DACH region and seventh largest in Europe >80% of passengers in short / medium haul segment Well-known European brand Network carrier that serves business and leisure guests Leveraging global connectivity through Etihad Airways and oneworld Destinations Codeshare destinations 13
14 Optionality and network breadth is further extended by code sharing with numerous airlines airberlin codeshares with 14 codeshare partners Etihad Airways is No.1 airline partner of airberlin More than 300,000 guests on codeshare routes in 2012 New codeshare agreement with EY partner Air Seychelles Virgin Australia: Codesharing planned for 2013 * End of March airberlin will celebrate 1-year partnership in oneworld alliance Codeshare agreements with seven oneworld partners More than 100 codeshare destinations with oneworld partners Other partners Codesharing with five non-aligned carriers Extension of the airberlin network *Planned to be implemented in
15 Strategic partnership with Etihad Airways continues to grow impressively the development promises to significantly exceed 2012 Codeshare performance Etihad Airways Common Guests development 2012 Q [ 000] Etihad Airways is codeshare partner No.1 for airberlin Portfolio of nearly 100 codeshare routes Further extensions intended, implementation upon approval of traffic rights Utilization of growing opportunities resulting from hub improvement (i.e. Vietnam) Adding codeshare agreements with more Etihad Airways partner airlines in 2013 (i.e. Virgin Australia, JAT) Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
16 oneworld presents further opportunities for growth by providing airberlin with access to new destinations and additional passengers Codeshare performance oneworld Common Guests development 2012 Q [ 000] More than 300,000 guests on joint codeshare routes in 2012 Extended codeshare network with oneworld partners cause strong increase of booking intakes demand exceeded 100,000 already in first quarter Alliance of service-orientated quality airlines Highest quality and safety standards News: American Airlines Expansion of cooperation, now including AA s hub in Chicago Planned merger with US Airways prospectively increases the route portfolio Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
17 Fleet development Number of aircraft Total number of aircraft % A320 family A330 family B737 family E190 Q400 Q1/12 Q1/ e 17
18 Stakeholder negotiations Lean & smart What we are doing to fix our core business Turbine combines internal structural changes and negotiations with major stakeholders 1 Internal: highly efficient organisation & processes External: highly regarded by customer LEAN a Network & Fleet SMART Optimise operations Efficient structures and workflows Cost reduction b c Commercial Product / Service Focus on key markets Touristic and business segments Customer needs Brand values d Operation 2 Bring major stakeholder relationships in line with market best practice Airport & ground handling Labour and overhead Wet lease providers Lessors & OEMs TOP & distributors Maintenance suppliers 18
19 Turbine: Timeline for achieving financial targets Cumulative benefit 2013/14 (Illustrative) Target ~ EUR 400m >EUR 200m 2013 Q1 Q2 Q3 Q Q1 Q2 Q3 Effects of >EUR 200m on EBIT level targeted in 2013 Majority of effects in 2013 ramp up from Q3 onwards Program will deliver ~EUR 400m on EBIT level compared to 2012 Realisation of network effects full on track Q1/Q2 with over proportional fix costs, i.e. aircraft, aircraft redeliveries, personnel etc. 19
20 Guidance for 2013 Operational performance Capacity Increase in long haul Decrease in short and medium haul Capacity utilization and income Increasing load factor through network reduction, improved sales platform and partnerships Result Revenue Growth in revenue through yield and load factor expected despite capacity reduction Expenses Cost per ASK excl. fuel will decrease in the course of the year Structural cost increases will be offset through Turbine Result Operational profitability Balance sheet A L Balance sheet Liquidity improved through the issued convertible bond and good booking intakes Equity ratio target of 15-20% by mid term Deleveraging is the key objective for 2013; initiatives are on the way Net debt target remains to be around EUR 500 m by the end of 2013 Target: operational profitability 20
21 Air Berlin PLC: Shareholder structure Shareholder structure by voting rights Shareholder structure by nationality Shareholder structure by EU / and Non EU shareholders Etihad Airways % ESAS Holding A.S % Hans-Joachim Knieps 5.48 % Free float according to the standards of the Deutsche Börse % Germany % United Arab Emirates % Turkey % USA 0.90 % United Kingdom 0.78 % Luxembourg 0.53 % EU shareholders % Non EU shareholders % Other EU Member States / EEA 1.36 % Other 0.53 % 21
Air Berlin PLC 12 April 2013 Commerzbank Roadshow Vienna
Air Berlin PLC 12 April 2013 Commerzbank Roadshow Vienna 1. Overview o o o o o Management Summary Financial KPI Operational KPI Key financial development Development on Etihad relationship o Development
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 informationAir Berlin PLC 20 March 2013 Analysts and Investors conference
Air Berlin PLC 20 March 2013 Analysts and Investors conference 1. Overview o o o o o Management Summary Financial KPI Operational KPI Key financial development Development on Etihad relationship o Development
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 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 informationAir Berlin PLC Dusseldorf / Cologne 29 November 2012 Roadshow Bankhaus Lampe
Air Berlin PLC Dusseldorf / Cologne 29 November 2012 Roadshow Bankhaus Lampe airberlin in a nutshell: Second largest airline in Germany (in terms of fleet size) 35.3 million passengers (2011) 170 destinations
More informationAIR BERLIN PLC. ANALYSTS & INVESTORS PRESENTATION Berlin, 16 March 2012
AIR BERLIN PLC ANALYSTS & INVESTORS PRESENTATION Berlin, 16 March 2012 2 AGENDA Analysts & Investors meeting, 16 Mar. 2012 page Topic 1 Review 3 Topic 2 Overview 2012 Macro-economic development Focusing
More informationAir Berlin PLC l 11 June 2014 l db Access German Austrian Swiss Conference
Air Berlin PLC l 11 June 2014 l db Access German Austrian Swiss Conference Executive summary (1) Key highlights 2013 2013: a challenging year for airberlin Operational loss of 231.9 million euros Group
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 informationairberlin we constantly strive to be
airberlin a n n u a l r e p o r t 2013 we constantly strive to be M o v i n g airberlin financial figures 2013 Financial Performance Indicators 2013 2012 2011 Revenue (in million euros) 4,146.8 4,311.7
More informationairberlin interim financial report as of 30 june 2014
airberlin interim financial report as of 30 june 2014 AIRBERLIN INTERIM FINANCIAL REPORT AS OF 30 JUNE 2014 1 FINANCIAL FIGURES KEY FINANCIAL FIGURES Q2 2014 Q2 2013 H1 2014 H1 2013 Revenue (in million
More informationAir Berlin PLC AGM 23 June 2015 London
Air Berlin PLC AGM 23 June 2015 London AGM 2015 Executive Summary High restructuring expenses impact airberlin's 2014 earnings - 2015 outlook improved EBIT of EUR -293.8m includes restructuring cost of
More informationairberlin interim financial report as of 30 june 2015
airberlin interim financial report as of 30 june 2015 AIRBERLIN INTERIM FINANCIAL REPORT AS OF 30 JUNE 2015 1 FINANCIAL FIGURES Q2 FINANCIAL PERFORMANCE INDICATORS Q2 2015 Q2 2014 H1 2015 H1 2014 Revenue
More informationSAS Q3 2014/2015 TELECONFERENCE 08.09.2015
SAS Q3 2014/2015 TELECONFERENCE 08.09.2015 Q3 brief summary Q3 update Commercial initiatives paying off EuroBonus members up 15% - now 4 million Summer program with 47 seasonal routes well received by
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 informationAIRBERLIN. 2014 vs. 2013
AIRBERLIN FINANCIAL FIGURES 2014 FINANCIAL PERFORMANCE INDICATORS 2014 vs. 2013 in per cent 2014 2013 2012 Revenue (in million euros) +0.3 4,160.2 4,146.8 4,311.7 thereof: ticket sales (in million euros)
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 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 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 informationairberlin interim financial report as of 30 september 2015
airberlin interim financial report as of 30 september 2015 AIRBERLIN INTERIM FINANCIAL REPORT AS OF 30 SEPTEMBER 2015 1 FINANCIAL FIGURES Q3 Financial performance indicators Q3 2015 Q3 2014 9M 2015 9M
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 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 informationfacts and figures 2012
facts and figures 2012 TRAVEL TIMES TO/FROM keflavik international airport ÍSAFJÖRÐUR GJÖGUR GRÍMSEY HÚSAVÍK ÞÓRSHÖFN BÍLDUDALUR Flight 40 min. Flight 40 min. / Driving 5 hours Flight 40 min. SAUÐÁR- KRÓKUR
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 informationAT&T Global Network Client for Windows Product Support Matrix January 29, 2015
AT&T Global Network Client for Windows Product Support Matrix January 29, 2015 Product Support Matrix Following is the Product Support Matrix for the AT&T Global Network Client. See the AT&T Global Network
More informationFINANCIAL FIGURES 2015
FINANCIAL FIGURES 2015 FINANCIAL PERFORMANCE INDICATORS 2015 vs. 2014 in per cent 2015 2014 2013 Revenue (in million euros) 1.9 4,081.8 4,160.2 4,146.8 Flight revenue (in million euros) 2.6 3,709.4 3,808.2
More informationInformation meeting. Cheuvreux Conference September 2010. Philippe Calavia CFO, Air France-KLM
Information meeting Cheuvreux Conference September 2010 Philippe Calavia CFO, Air France-KLM Air transportation: a growth industry CAGR 2001-11 GDP: +2.7% World Passenger traffic: +5.0% World cargo traffic:
More informationSAS Group Q4 2012 Media/analyst presentation
SAS Group Q4 2012 Media/analyst presentation December 12, 2012 1 Break-even result in 2012 despite 1.6 bn SEK higher fuel cost 23 MSEK EBT (before non-recurring items) despite 1.6 bn SEK higher fuel cost
More informationFLUGHAFEN WIEN AG. Results Q1-3/2015
FLUGHAFEN WIEN AG Results Q1-3/2015 Q1-3/2015: Improved traffic results - Disproportionally high increase in earnings Recovery of passenger volume: traffic results positive once again, showing 1.5% rise
More informationFinnair Q2 result info
Finnair Q2 result info 15 August 2014 CEO Pekka Vauramo CFO Erno Hildén 1 Product upgrades: Customers spoke, we listened Signature meals and new buy onboard menu, Sky Bistro Lounge renewals New In-flight
More informationCompany Presentation. June 2007
Company Presentation June 2007 Forward Looking Statements FORWARD LOOKING STATEMENTS Except for historical information, the statements made or information contained in this presentation are forward-looking
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 informationQ1-Q3 2014 Results Press and Analysts' Conference
Q1-Q3 2014 Results Press and Analysts' Conference Carsten Spohr Chairman of the Executive Board and CEO Simone Menne Member of the Executive Board and CFO Frankfurt, October 30 th 2014 Page 1 Disclaimer
More informationNorwegian Air Shuttle ASA (NAS) Q4 2003 and FY 2003. 24-26 February 2004
Norwegian Air Shuttle ASA (NAS) Q4 2003 and FY 2003 24-26 February 2004 Agenda Introduction Financials Q4 2003 and FY 2003 Norwegian low-fare operation Going forward 2004 2 Agenda Introduction Financials
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 informationXING #1 Professional Social Network In German Speaking Europe
XING #1 Professional Social Network In German Speaking Europe Preliminary FY Results 2011 Presentation March 1, 2012 ADVERTISING EVENTS E-RECRUITING... Successful execution of 2011 strategy PAID MEMBERSHIP
More informationNorwegian Air Shuttle ASA
Norwegian Air Shuttle ASA Q1 2011 presentation April 28th 2011 Double digit revenue growth in Q1 Group revenues of MNOK 1,895 in Q1 2011, 19 % growth since last year Domestic revenue: MNOK 780 (+10%) International
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 informationHow To Grow Your Business
Q1 2011 Results Presentation Hamburg Stefan Gross-Selbeck (CEO) & Ingo Chu (CFO) May 10, 2011 01 Q1 Highlights Strong financial performance Continuing good momentum in D-A-CH 1 member growth Verticals
More informationFLUGHAFEN WIEN AG. Q1/2015 Results
FLUGHAFEN WIEN AG Q1/2015 Results Q1/2015: Earnings improvement despite weak traffic results Good business development of the company in Q1/2015: clearly improved net profit 1) of 14.1 million (+15.4%)
More informationSAS Q3 2013/14. More passengers chose SAS in a challenging market Q3 EBT MSEK 756
SAS Q3 2013/14 1 1 More passengers chose SAS in a challenging market Q3 EBT MSEK 756 Operating gplatform improving SK unit cost down 5.6% in Q3* New organization in place to speed up transformation Commercial
More informationHow To Know What Is Happening In European Air Transport
Issue N 136. 22/12/11 Industry Monitor The EUROCONTROL bulletin on air transport trends European flights down 1% in November, significantly lower than forecasted. The low-cost segment was down 3.8% on
More informationCOMPARISON OF FIXED & VARIABLE RATES (25 YEARS) CHARTERED BANK ADMINISTERED INTEREST RATES - PRIME BUSINESS*
COMPARISON OF FIXED & VARIABLE RATES (25 YEARS) 2 Fixed Rates Variable Rates FIXED RATES OF THE PAST 25 YEARS AVERAGE RESIDENTIAL MORTGAGE LENDING RATE - 5 YEAR* (Per cent) Year Jan Feb Mar Apr May Jun
More informationCOMPARISON OF FIXED & VARIABLE RATES (25 YEARS) CHARTERED BANK ADMINISTERED INTEREST RATES - PRIME BUSINESS*
COMPARISON OF FIXED & VARIABLE RATES (25 YEARS) 2 Fixed Rates Variable Rates FIXED RATES OF THE PAST 25 YEARS AVERAGE RESIDENTIAL MORTGAGE LENDING RATE - 5 YEAR* (Per cent) Year Jan Feb Mar Apr May Jun
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 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 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 informationFinnair Group Financial year January 1-December 31, 2001
Finnair Group Financial year January 1-December 31, 2001 State of the airline industry Business travel dropped dramatically Events of September 2001 From beauty contest to fight for survival Production
More informationXING #1 Professional Social Network In German Speaking Europe
XING #1 Professional Social Network In German Speaking Europe Q1 results May 6, 2014 Dr. Thomas Vollmoeller (CEO ) & Ingo Chu (CFO) Executive Summary Accelerating organic top-line growth of 16% Strongest
More informationQ2 2011 Results Presentation XING AG
Q2 2011 Results Presentation XING AG Dr. Stefan Gross-Selbeck (CEO) & Ingo Chu (CFO) Hamburg, August 10, 2011 01 Q2 highlights Ongoing strong financial performance Re-acceleration of D-A-CH 1 member growth
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 informationNorwegian Air Shuttle ASA
Norwegian Air Shuttle ASA Q3 2010 Presentation October 21st 2010 Double digit revenue growth in Q3 Group revenues of MNOK 2,828 in Q3 2010, 24 % growth since last year Domestic revenue: MNOK 992 (+27 %)
More informationXING Q1 2012 results presentation. May 14, 2012
XING Q1 2012 results presentation May 14, 2012 Disclaimer This presentation was produced in April 2012 by XING AG (the "Company") solely for use as an information source for potential business partners
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 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 informationAIRLINE INDUSTRY NEWS
AIRLINE INDUSTRY NEWS AIRLINE INDUSTRY NEWS The airline industry structure has changed significantly over the past 5 years, with more than 10 low cost carriers entering the Greek market. Moreover, carriers
More informationTim Howkins, CEO. Steve Clutton, Finance Director
Tim Howkins, CEO Steve Clutton, Finance Director Highlights Revenue Revenue up 36% Earnings per share up 33% All parts of business contributed to growth Benefits of increased IT spend Proposed final dividend
More informationQ1 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 informationInvestor Relations Waterside (HCB3) PO Box 365 Harmondsworth Middlesex UB7 0GB Tel: +44 (0) 20 8738 6947 Fax: +44 (0) 20 8738 9602
INTERIM RESULTS 2003-2004 (unaudited) Three months ended Six months ended September 30 Better/ September 30 Better/ 2003 2002 (Worse) 2003 2002 (Worse) Turnover m 1,983 2,104 (5.8)% 3,815 4,156 (8.2)%
More informationFINANCIAL RESULTS Q1 2016
FINANCIAL RESULTS Q1 2016 CFO Hallvard Granheim 28 th April 2016 Highlights Q1 Increase in underlying results (EBITDA) - Nordic prices are down 15% Q-on-Q - High production from Nordic hydropower assets
More informationFinancial Results 3 rd Quarter MAR/2016 (FY2015)
Financial Results MAR/2016 (FY2015) January 29 th, 2016 CONTENTS P.1 P.2 P.3 P.4~ Overview of FY MAR/16 Results Operating Revenue Operating Profit (JPY Bn) 1,030 1,020 1,010 +1.0Bn 1,022.3 1,023.4 (+0.1%)
More informationDecember 2010 2008 Interim Results 6 August 2008
Cathay Pacific Airways 2010 Analyst & Investor Briefing Cathay Pacific Airways December 2010 2008 Interim Results 6 August 2008 1 Airline Strategy Grow our international network, expand frequencies and
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 informationFLUGHAFEN WIEN AG. H1 Results/2015
FLUGHAFEN WIEN AG H1 Results/2015 H1/2015: Slight recovery of traffic results in Q2 - Disproportional increase in earnings Passenger volume in H1/2015 down 0.8% year-on-year as a result of crisis regions
More informationINTERIM REPORT 1 Jan - 30 Jun 2002. Second quarter operational result better than last year
FINNAIR - GROUP INTERIM REPORT 1 Jan - 30 Jun 2002 Second quarter operational result better than last year Summary of second quarter key figures Turnover 421.1 million euros (Q2/2001: 440.2 million) Profit
More informationQ1 RESULTS 2015 30 APRIL 2015. Harald Wilhelm I Chief Financial Officer
1 Q1 RESULTS 2015 30 APRIL 2015 Harald Wilhelm I Chief Financial Officer SAFE HARBOUR STATEMENT 2 Disclaimer This presentation includes forward-looking statements. Words such as anticipates, believes,
More informationWorld of Air Fares. Thea van de Loo
World of Air Fares Thea van de Loo Welcome and Program Welcome: Thea van de Loo World of Air Fares classes of service booking classes yield management alliances and Code Share Fare rules moment of booking
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 informationFY RESULTS 27 FEBRUARY 2015. Tom Enders I Chief Executive Officer Harald Wilhelm I Chief Financial Officer
1 FY RESULTS 27 FEBRUARY 2015 Tom Enders I Chief Executive Officer Harald Wilhelm I Chief Financial Officer SAFE HARBOUR STATEMENT 2 Disclaimer This presentation includes forward-looking statements. Words
More informationFINNAIR - GROUP. INTERIM REPORT Jan. 1- Jun. 30 2001. Operational result for January - June at the previous year s level, the second quarter weaker
FINNAIR - GROUP INTERIM REPORT Jan. 1- Jun. 30 2001 Operational result for January - June at the previous year s level, the second quarter weaker Turnover during the second quarter (1. Apr.- 30.Jun. 2001)
More information61 new connections in Lufthansa s summer timetable
61 new connections in Lufthansa s summer timetable Five new destinations and 61 new connections Services to and from Berlin increased fourfold New seasonal tourist destinations East Meadow, NY, March 8,
More informationFLUGHAFEN WIEN AG. Traffic Results 2015 and Business Outlook for 2016
FLUGHAFEN WIEN AG Traffic Results 2015 and Business Outlook for 2016 2015: New passenger record at Vienna Airport All-time high passenger volume of 22.8 million (+1.3%) Effects of crisis in Eastern Europe
More informationYear-end Report January-December 2015
Year-end Report January-December 20 Johan Dennelind, President & CEO Q4 20 high pace towards the new TeliaSonera Started to reduce presence in region Eurasia Continued business transformation Solid development
More informationNordex SE Conference Call 9M 2012. Hamburg, 13/11/2012
Nordex SE Conference Call 9M 2012 Hamburg, 13/11/2012 AGENDA 1. Highlights 9M 2012 Dr. J. Zeschky 2. Financials 9M 2012 B. Schäferbarthold 3. Guidance 2012 and market outlook B. Schäferbarthold 4. Strategy
More informationNATIONAL CREDIT UNION SHARE INSURANCE FUND
NATIONAL CREDIT UNION SHARE INSURANCE FUND PRELIMINARY & UNAUDITED FINANCIAL HIGHLIGHTS RENDELL L. JONES CHIEF FINANCIAL OFFICER MANAGEMENT OVERVIEW Balance Sheet Other - Insurance and Guarantee Program
More informationYOUR DAILY CONNECTION TO GREECE! www.aegeanair.com
YOUR DAILY CONNECTION TO GREECE! www.aegeanair.com About us Fly with us Our flight times are ideal to allow you to make the most of your holiday. Travel on our early afternoon flight and onwards to one
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 informationAnalysis One Code Desc. Transaction Amount. Fiscal Period
Analysis One Code Desc Transaction Amount Fiscal Period 57.63 Oct-12 12.13 Oct-12-38.90 Oct-12-773.00 Oct-12-800.00 Oct-12-187.00 Oct-12-82.00 Oct-12-82.00 Oct-12-110.00 Oct-12-1115.25 Oct-12-71.00 Oct-12-41.00
More informationQ1 Trading Update, FY 2011
ARYZTA AG Q1 Trading Update, FY 2011 29 November 2010 Forward Looking Statement This document contains forward looking statements which reflect management s current views and estimates. The forward looking
More informationCase 2:08-cv-02463-ABC-E Document 1-4 Filed 04/15/2008 Page 1 of 138. Exhibit 8
Case 2:08-cv-02463-ABC-E Document 1-4 Filed 04/15/2008 Page 1 of 138 Exhibit 8 Case 2:08-cv-02463-ABC-E Document 1-4 Filed 04/15/2008 Page 2 of 138 Domain Name: CELLULARVERISON.COM Updated Date: 12-dec-2007
More informationReal Estate Tax Strategies - 2009
TAG Immobilien AG February 2010/Q1-Q3 2009 TAG I 1 Content I. Group overview Investment case/ Structure Highlights Q3 page 3-6 II. Portfolio page 7-12 Residential Commercial Vacancy rates Q4/2009 III.
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 informationLAN AIRLINES Corporate Update. May, 2011
LAN AIRLINES Corporate Update May, 2011 This presentation may include forward-looking comments regarding the Company s business outlook and anticipated financial and operating results. These expectations
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 informationXING #1 Professional Social Network In German Speaking Europe. Q3 results November 6, 2013
XING #1 Professional Social Network In German Speaking Europe Q3 results November 6, 2013 Executive Summary Strongest member growth in the last 18 months Continuing accelerating of top-line growth 2 major
More informationPress Release. Major Elements of the Consolidated Accounts. Balance Sheet
Presse und Kommunikation MAIN TOWER Neue Mainzer Straße 52-58 60311 Frankfurt am Main www.helaba.de Tel.: +49 (0) 69 / 9132 2192 Wolfgang Kuß E-Mail: wolfgang.kuss@helaba.de Ursula-Brita Krück E-Mail:
More informationAUSTRIAN POST INVESTOR PRESENTATION Q1 2016. Georg Pölzl/CEO, Walter Oblin/CFO Vienna, May 13, 2016
AUSTRIAN POST INVESTOR PRESENTATION Q1 2016 Georg Pölzl/CEO, Walter Oblin/CFO Vienna, May 13, 2016 1. HIGHLIGHTS AND OVERVIEW 2. Strategy Implementation 3. Group Results Q1 2016 4. Outlook 2016 INVESTOR
More informationJOHN MENZIES PLC INTERIM RESULTS PRESENTATION 1 8 A U GUST 2 0 1 5 JOHN MENZIES PLC 1
JOHN MENZIES P L C INTERIM RESULTS PRESENTATION 1 8 A U GUST 2 015 JOHN MENZIES PLC 1 John Menzies plc Interim Results 18 August 2015 Agenda Headlines Jeremy Stafford Performance Overview Paula Bell Strategy
More informationFirst Quarter Results for the three months ended 31 December 2014 Thomas Cook reports further progress in line with expectations
11 February 2015 Financial highlights First Quarter Results for the three months ended 31 December 2014 Thomas Cook reports further progress in line with expectations Like-for-like Revenue increased by
More informationFLUGHAFEN WIEN AG. Traffic Results for 2013 and Outlook for the Company in 2014
FLUGHAFEN WIEN AG Traffic Results for 2013 and Outlook for the Company in 2014 2013: Influenced by challenges Difficult international environment Difficult operating environment for the European aviation
More informationETFs at SIX Swiss Exchange. Lugano, 23 November 2015
ETPD Stream 2015 ETFs at SIX Swiss Exchange Lugano, 23 November 2015 European ETF asset growth is ongoing Source: ETFGI, industry insights, October 2015 3 Market Status ETF Segment 1 118 listed ETFs (1
More informationCONFERENCE CALL. FY2013 Preliminary Results 21.03.2014
CONFERENCE CALL FY2013 Preliminary Results 21.03.2014 FY 2013 COMPANY Highlights 2013 May Increase of the shareholdings to 100% in Altmarkt-Galerie Dresden as of 1 May 2013 67% were already owned by DES
More informationQBE INSURANCE GROUP Annual General Meeting 2009. All amounts in Australian dollars unless otherwise stated.
Annual General Meeting 2009 All amounts in Australian dollars unless otherwise stated. John Cloney Chairman 2 Results of proxy voting A total of 4,874 valid proxy forms were received. The respective votes
More informationXING #1 Professional Social Network In German Speaking Europe. Q1 Results Presentation, May 6, 2013
XING #1 Professional Social Network In German Speaking Europe Q1 Results Presentation, May 6, 2013 Executive Summary Continuing growth in members and activity in D-A-CH Solid top and bottom line growth
More informationA380 Commercial Update for JP Morgan
Jean-Pierre Dambrine A380 Marketing Director Commercial Update for JP Morgan 9 th Own the Sky All around the world All around the world The most efficient way to grow Network optimiser, yield booster The
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 informationUK Europe. Global Fares Guide Effective November 2004
UK Europe Global Fares Guide Effective November 2004 Important information Fares and conditions are correct at time of printing and are subject to change. Detailed conditions are held by your Travel Agent,
More informationKey figures as of June 30, 2013 1st half
Never standing still. Interim Report as of June 30, 2013 Contents 2 Key figures as of June 30, 2013 1st half 3 Key figures as of June 30, 2013 2nd quarter 6 Strong revenue growth 12 Consolidated interim
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 informationUPDATE ON CURRENT MACRO ENVIRONMENT
1 Oct 213 Macro & Strategy Equity Credit Commodities 13 13 #1 Global Strategy #1 Multi Asset Research #3 Global Economics #2 Equity Quant #2 Index Analysis #3 SRI Research 12 sector teams in the Top 1
More information