 L'olandese KLM ha concluso il terzo trimestre di quest'anno (che corrisponde al secondo trimestre dell'anno fiscale 03-04) con un utile netto di 90 milioni di euro su un ricavo operativo di 1,62 miliardi di euro, contro rispettivamente 86 milioni e 1,85 miliardi di euro nel corrispondente periodo del 2002. L'utile operativo si è attestato a 131 milioni di euro (-7,1%).
Nel terzo trimestre 2003 il settore passeggeri ha generato un ricavo operativo di 1.144 milioni di euro (-9%) ed un utile operativo di 116 milioni di euro (-4,9%), mentre il settore cargo ha registrato un ricavo operativo di 253 milioni di euro (-4%) ed un utile operativo di 13 milioni di euro (-27,8%).
Intanto le dichiarazioni del direttore amministrativo di KLM, Rob A. Ruijter, espresse oggi nel corso della presentazione dei risultati trimestrali, sembrano confermare l'estrema cautela con cui la compagnia olandese e il partner francese Air France guardano all'allargamento del loro accordo di fusione all'italiana Alitalia. Ruijter ha detto che probabilmente «ci vorrà qualche anno» prima che si verifichino le condizioni per l'inclusione di Alitalia nell'alleanza tra KLM e Air France.
KLM - KEY FINANCIAL DATA |
Three months ended |
Six months ended |
| |
September 30 |
September 30 |
(in millions of euros) |
2003 |
2002 |
2003 |
2002 |
| |
|
|
|
|
Operating revenues |
1,619 |
1,846 |
3,036 |
3,532 |
Operating expenses before depreciation and
long term rentals |
1,325 |
1,525 |
2,647 |
3,005 |
EBITDAR |
294 |
321 |
389 |
527 |
Depreciation and long term rentals |
163 |
180 |
324 |
345 |
Operating income |
131 |
141 |
65 |
182 |
| |
|
|
|
|
EBITDAR as a % of operating revenues |
18.2 |
17.4 |
12.8 |
14.9 |
Operating income as a % of operating revenues |
8.1 |
7.6 |
2.1 |
5.2 |
| |
|
|
|
|
Pretax income |
127 |
124 |
47 |
141 |
| |
|
|
|
|
Net income |
90 |
86 |
36 |
97 |
Per common share (EPS)* |
2.03 |
1.88 |
0.80 |
2.12 |
| |
|
|
|
|
Cash flow from operating activities |
165 |
253 |
140 |
454 |
Cash flow from investing activities |
(75) |
(124) |
(193) |
(404) |
Free cash flow |
90 |
129 |
(53) |
50 |
| |
|
|
|
|
Interest coverage ratio |
7.1 |
7.2 |
2.1 |
4.0 |
| |
|
|
|
|
Average number of Staff KLM Group (fte) |
|
|
|
|
- permanent |
30,153 |
31,613 |
30,332 |
31,557 |
- temporary |
1,557 |
1,575 |
1,721 |
1,518 |
Employed by KLM |
31,710 |
33,188 |
32,053 |
33,075 |
- agency staff |
1,143 |
1,743 |
1,098 |
1,574 |
| |
32,853 |
34,931 |
33,151 |
34,649 |
| |
|
|
| |
September 30, 2003 |
March 31, 2003 |
| |
|
|
|
|
Stockholders' equity (in millions of euros) |
|
1,496 |
|
1,476 |
Per common share |
|
34.03 |
|
32.91 |
Average number of common shares used for |
|
|
|
|
data per share calculations (fully diluted) |
|
44,188,157 |
|
45,070,544 |
| |
|
|
Net debt-to-equity ratio (%) |
198 |
195 |
Cash Position |
|
|
Cash and marketable securities |
533 |
608 |
Triple A bonds and long term deposits |
312 |
311 |
| |
845 |
919 |
| |
|
|
Number of Staff KLM Group (fte)** |
|
|
- permanent |
30,026 |
31,068 |
- temporary |
1.421 |
1,952 |
Employed by KLM |
31,447 |
33,020 |
- agency staff |
1,114 |
1,443 |
| |
32,561 |
34,463 |
* After taking other rights to a share in net income and equity into account. Based on new accounting rules, which became effective as of April 1, 2003, earnings per share calculations should exclude repurchased own shares. Previous year's figures have been restated for ease of comparison
** March 31, 2003 figures include 527 fte's of buzz
(Source: KLM)
|
AIRLINE OPERATING DATA |
Three months ended
September 30 |
Six months ended
September 30 |
KLM* |
2003 |
2002 |
%Change |
2003 |
2002 |
%Change |
| |
|
|
|
|
|
|
Traffic (in millions of RTKs) |
2,661 |
2,645 |
1 |
5,025 |
5,102 |
(2) |
Capacity (in millions of ATKs) |
3,318 |
3,300 |
1 |
6,406 |
6,438 |
(0) |
Load factor (%) |
80.2 |
80.2 |
|
78.4 |
79.2 |
|
Break-even load factor (%) |
74.5 |
74.8 |
|
78.5 |
76.1 |
|
Yield per RTK (in cents) |
49.0 |
54.4 |
(10) |
48.5 |
54.6 |
(11) |
Excluding currency effects |
|
|
(3) |
|
|
(4) |
Unit revenues per ATK (in cents) |
39.3 |
43.7 |
(10) |
38.1 |
43.3 |
(12) |
Excluding currency effects |
|
|
(3) |
|
|
(4) |
Unit costs per ATK (in cents) |
36.6 |
40.7 |
(10) |
38.1 |
41.6 |
(8) |
Excluding fuel price effects |
|
|
(11) |
|
|
(9) |
Excluding currency effects |
|
|
(4) |
|
|
(2) |
Excluding fuel price and currency
effects |
|
|
(5) |
|
|
(3) |
Margin per ATK (in cents) |
2.7 |
3.0 |
|
- |
1.7 |
|
* Operating data of KLM, KLM cityhopper and KLM cityhopper uk; unit revenues and unit costs before joint venture settlements
|
|
|
- Via Raffaele Paolucci 17r/19r - 16129 Genova - ITALIA
