DY sine tall for Q1 2013

[sail4fun]

Norwegian reports an improved result of 238 MNOK in the first quarter
Norwegian - Apr 18, 2013 07:30 BST

Norwegian (NAS) today reported its first quarter 2013 results. The company improved its result (EBT) by 238 MNOK compared with the same quarter previous year. It is one of the best first quarters in the company’s history. The quarter is also characterized by solid traffic growth and international expansion. Not least the company also reduced its costs considerably, boosting its competitive power in an international industry with tough competition.
The total revenue in the first quarter was 2.9 MNOK, up 23 percent from the same quarter previous year. The result (EBT) was -160 MNOK, an improvement of 238 MNOK compared to first quarter 2012.The company carried 3.9 million passengers, a total growth of 8 percent. The company’s RPK was up as much as 19 percent, which relates to each passenger flying considerably longer distances than last year.
The figures also show a solid ASK growth of 21 percent. The load factor in this quarter was 76 percent, down 1 percentage point from the same quarter last year.
Improved competitiveness
The company’s costs (CASK) were reduced by 8 percent, both including and excluding fuel. The main cost reducing factors are the establishment of new European bases and the delivery of brand-new Boeing 737-800s. So far this year, Norwegian has taken delivery of six such aircraft. In April, Norwegian opened a new base at London Gatwick and launched 14 new routes to several Mediterranean destinations as well as popular cities on the European continent. The company also opened a new base in Alicante, Spain, in March.
Due to the delivery of brand-new aircraft, the launch of new routes and the start of long-haul flights in May/June, Norwegian’s total ASK growth is expected to be in excess of 25 percent this year.
“We’re very satisfied with the first quarter results, particularly since we in a seasonally weak quarter for many airlines improved our result by 238 MNOK. The load factor remains stable, even with a considerable capacity growth. At the same time we’re cutting our costs considerably, which is a crucial step to staying competitive in an international industry. Moreover, it is gratifying that our growth enables the creation of jobs in several markets, also outside of Scandinavia. Our strategy of cost reduction and international growth is also mandatory to secure all the jobs we’ve already created in Scandinavia,” said CEO Bjørn Kjos.
Key Figures First Quarter 2013 (First Quarter 2012)
Passengers: 3.93 million (3.65 mill.)
Revenue: 2.90 BNOK (2.36 BNOK)
Load Factor: 76 percent (77 percent)
EBITDAR: 438.4 MNOK (-251.7 MNOK)
EBITDA: 188.8 MNOK (-497.0 MNOK)
EBIT: 69.2 MNOK (-574.6 MNOK)
EBT: -160.1 MNOK (-397.7 MNOK)
Net Result: -117.2 MNOK (-285.5 MNOK)
For detailed information, please see pdf attached.
Media Contacts:
SVP Corporate Communications Anne-Sissel Skånvik, tel + 47 97 55 43 44
CFO Frode Foss, tel. +47 91 63 16 45

Norwegian Air Shuttle ASA, commercially branded “Norwegian,” is a public low-cost airline noted on the Oslo Stock Exchange. The company is the second largest airline in Scandinavia, and has a route portfolio that stretches across Europe into North Africa and the Middle East. In May 2013 it will even commence long-haul flights from Scandinavia to the US and Asia. With competitive prices and customer friendly solutions and service, the company has experienced significant growth over the previous years. With 17.7million passengers in 2012, Norwegian is the 3rd largest low-cost airline in Europe. Norwegian currently operates 73 aircraft on 330 routes to 120 destinations and employs approximately 3,000 people. Norwegian's fleet has an average age of 4,6 years and the company currently has 280 aircraft on order.

http://network.mynewsdesk.com/wf/cli...-2Bx5xzC3p05bB

[haavig]

Wow, imponerende!

[sail4fun]

Correction: Norwegian reports an improved result of 238 MNOK in the first quarter
Norwegian - Apr 18, 2013 08:11 BST

Norwegian (NAS) today reported its first quarter 2013 results. The company improved its result (EBT) by 238 MNOK compared with the same quarter previous year. It is one of the best first quarters in the company’s history. The quarter is also characterized by solid traffic growth and international expansion. Not least the company also reduced its costs considerably, boosting its competitive power in an international industry with tough competition.
The total revenue in the first quarter was 2.9 BNOK, up 23 percent from the same quarter previous year. The result (EBT) was -160 MNOK, an improvement of 238 MNOK compared to first quarter 2012.The company carried 3.9 million passengers, a total growth of 8 percent. The company’s RPK was up as much as 19 percent, which relates to each passenger flying considerably longer distances than last year.
The figures also show a solid ASK growth of 21 percent. The load factor in this quarter was 76 percent, down 1 percentage point from the same quarter last year.
Improved competitiveness
The company’s costs (CASK) were reduced by 8 percent, both including and excluding fuel. The main cost reducing factors are the establishment of new European bases and the delivery of brand-new Boeing 737-800s. So far this year, Norwegian has taken delivery of six such aircraft. In April, Norwegian opened a new base at London Gatwick and launched 14 new routes to several Mediterranean destinations as well as popular cities on the European continent. The company also opened a new base in Alicante, Spain, in March.
Due to the delivery of brand-new aircraft, the launch of new routes and the start of long-haul flights in May/June, Norwegian’s total ASK growth is expected to be in excess of 25 percent this year.
“We’re very satisfied with the first quarter results, particularly since we in a seasonally weak quarter for many airlines improved our result by 238 MNOK. The load factor remains stable, even with a considerable capacity growth. At the same time we’re cutting our costs considerably, which is a crucial step to staying competitive in an international industry. Moreover, it is gratifying that our growth enables the creation of jobs in several markets, also outside of Scandinavia. Our strategy of cost reduction and international growth is also mandatory to secure all the jobs we’ve already created in Scandinavia,” said CEO Bjørn Kjos.
Key Figures First Quarter 2013 (First Quarter 2012)
Passengers: 3.93 million (3.65 mill.)
Revenue: 2.90 BNOK (2.36 BNOK)
Load Factor: 76 percent (77 percent)
EBITDAR: 438.4 MNOK (-251.7 MNOK)
EBITDA: 188.8 MNOK (-497.0 MNOK)
EBIT: 69.2 MNOK (-574.6 MNOK)
EBT: -160.1 MNOK (-397.7 MNOK)
Net Result: -117.2 MNOK (-285.5 MNOK)
For detailed information, please see pdf attached.
Media Contacts:
SVP Corporate Communications Anne-Sissel Skånvik, tel + 47 97 55 43 44
CFO Frode Foss, tel. +47 91 63 16 45
Norwegian Air Shuttle ASA, commercially branded “Norwegian,” is a public low-cost airline noted on the Oslo Stock Exchange. The company is the second largest airline in Scandinavia, and has a route portfolio that stretches across Europe into North Africa and the Middle East. In May 2013 it will even commence long-haul flights from Scandinavia to the US and Asia. With competitive prices and customer friendly solutions and service, the company has experienced significant growth over the previous years. With 17.7million passengers in 2012, Norwegian is the 3rd largest low-cost airline in Europe. Norwegian currently operates 73 aircraft on 330 routes to 120 destinations and employs approximately 3,000 people. Norwegian's fleet has an average age of 4,6 years and the company currently has 280 aircraft on order.


http://network.mynewsdesk.com/wf/cli...yD9n7eLQ-3D-3D

[GF1]

dn.no er svært positiv:

* For Norwegian er dette første gang siden 2004 at driftsresultatet før nedskrivninger ender i pluss i første kvartal.
* Norwegian har nå hatt fire kvartaler på rad med positivt driftsresultat før nedskrivninger. Det har aldri skjedd før.

http://www.dn.no/forsiden/naringsliv/article2598065.ece

Kanskje Norwegian skal sende en liten takk til SAS - for bidrag til å øke prisene?

[LN-VLE]

Originally Posted by GF1

Kanskje Norwegian skal sende en liten takk til SAS - for bidrag til å øke prisene?

Hvorfor det? Det som blir spennende er å se er om SAS klarer å dra nytte av de samme økte prisene og de lavere driftskostnadene de forhandlet seg fram til i høst til også å levere positive tall for samme periode.



Vidar

[Spacetime]

Originally Posted by GF1

.... Kanskje Norwegian skal sende en liten takk til SAS - for bidrag til å øke prisene?

Det er jo et meningsløst forslag. Det er en plikt for alle selskaper å balansere utgifter og inntekter. Det gjelder for SAS også. SAS går med uavbrudte underskudd og må enten øke prisene eller kutte kostnader for å komme i balanse. At de nå setter opp prisene er en plikt og slett ingen gest.

[Chriscross]

Sas sine reduserte kostnader kommer vel ikke før i q2?

[FlyCarl]

DY eksploderer på børsen. Opp nær 18 % i dag.

[73H]

MEGET imponerende Q1 tall! Ser at kursen faller litt nå utover ettermiddagen, men det er vel en naturlig reaksjon når daytraderne skal høste gevinsten sin

[Dag Viking]

Og da er det på tide å fordele pengene på styret:

Styrelederen i Norwegian, Bjørn H. Kise, kan ikke klage på lønnspåslaget dette året: Valgkomiteen i selskapet foreslår nemlig for generalforsamlingen den 15.mai at Kise skal få et lønnshopp på ikke mindre enn 43 prosent.

Hans styrehonorar foreslås økt til 500.000 kroner i året. Det er mer enn hva SAS betaler sin styreleder, danske Fritz Schur som «bare» mottar 460.000 kroner for styrejobben i et selskap som har en omsetning som er tre ganger større enn hos Bjørn Kjos.

http://www.aftenposten.no/okonomi/No...l#.UXesajQ4Vjo

[tiemand]

Kanskje de bruker bærekraft og lønnsomhet som en faktor ved fastsettelsen av Kises honorar. Da står den seg vel greit mot Fritzen sin kanskje. Omsetning er ikke alt har vi sett.