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Transaero revenue up 55%, profits also strong in the first nine months of 2010

17-Nov-2010 1:35 PM

Transaero revenue up 55% - financial highlights for the nine months ended 30-Sep-2010 (according to Russian Accounting Standards) (Russian Transport Daily Report, 16-Nov-2010):

  • Revenue*: EUR1048 million, +55% year-on-year;
  • Gross profit: EUR155.0 million, +30.3%;
  • Profit before tax: EUR15.9 million, +59.5%;
  • Net profit: EUR9.6 million, +32.1%.

*Based on the conversion rate at EUR1 = RUB42.1501