euro adhoc: Austrian Airlines AG
Quarterly or Semiannual Financial
Statements
Austrian continues climb with extensive programme of
expansion
Disclosure announcement transmitted by euro adhoc. The issuer is responsible for the content of this announcement.
Market leadership from and to Central/Eastern Europe and expansion in Asia produce 13.6 % traffic growth/improvement in EBIT/fuel prices become critical success factor
The steady progress in the Austrian Airlines Groups strategy of expansion into Central and Eastern Europe (the Focus East programme) and into the Asia/Pacific region, ably supported by far-reaching marketing offensives, generated passenger volume growth of 13.6 % in the first nine months of the year and a three percent increase in the average passenger load factor on scheduled services to 73.2 %.
Comparison of Third Quarter Indicators for 2004/2003 ~ Financial indicators 1-9/2004 1-9/2003 +/- % Revenue EURm 1,689.1 1,505.1 12.2 EBITDAR adjusted 1 EURm 241.7 186.9 29.3 EBITDAR EURm 238.6 271.9 -12.2 EBIT adjusted 2 EURm 25.1 -23.4 - EBIT EURm 39.7 -7.5 - Profit before tax adjusted 2 EURm 10.2 -37.4 - Profit before tax EURm 36.0 -19.0 - Cash flows from operating EURm 181.2 211.4 -14.3 activities Passengers carried 7,310,953 6,437,157 13.6 Passenger load factor % 73.2 70.2 3.0P. (scheduled services) ~
1 Adjusted for profits from the disposal of assets and for exchange rate valuations at the reporting date. 2 Adjusted for profits from the disposal of assets, other disposal costs of aircraft, exchange rate valuations at the reporting date and revaluations of aircraft.
end of announcement euro adhoc 04.11.2004 07:25:07
Further inquiry note:
Konzernkommunikation:
Johannes Davoras
Johann Jurceka
Tel.: 051766-1231
Investor Relations
Karl Knezourek
Tel.: 051766 - 3328
Branche: Air Transport
ISIN: AT0000620158
WKN: 062015
Index: WBI, ATX Prime, ATX
Börsen: Wiener Börse AG / official dealing