16-May-2011 1:30 PM

Aeroflot reports EUR53m net profit in 1Q2011

Aeroflot reported (12-May-2011) the following financial highlights for the three months ended 31-Mar-2011 (according to Russian Accounting Standards):

  • Revenue*: EUR645.8 million, +22.4% year-on-year;
  • Costs: EUR626.0 million, +30.0%;
  • Profit before tax: EUR67.4 million, n/a;
  • Net profit: EUR52.6 million, +314%.

* Based on the conversion rate EUR1= RUB 39.6866