ANA Group operating profit up 10% in 2QFY2012, downgrades revenue guidance

ANA Group revenue up 3% - financial highlights:

• Three months ended 30-Sep-2012:
  • Operating revenue: JPY410,000 (USD5213 million), +2.6% year-on-year;
    • Air transportation: JPY365,500 million (USD4647 million), +2.5%;
  • Operating costs: JPY345,700 million (USD4395 million), +1.2%;
  • Operating profit: JPY64,200 million (USD816.3 million), +10.1%;
    • Air transportation: JPY60,600 million (USD770.5 million), +10.2%;
  • Net profit: JPY36,200 million (USD460.3 million), +15.7%;
• Six months ended 30-Sep-2012:
  • Operating revenue: JPY753,200 million (USD9577 million), +6.9%;
    • Air transportation: JPY672,000 million (USD8544 million), +6.5%;
  • Operating costs: JPY677,900 million (USD8619 million), +3.5%;
  • Operating profit: JPY75,300 million (USD957.4 million), +50.3%;
    • Air transportation: JPY69,600 million (USD884.9 million), +52.3%;
  • Net profit: JPY36,900 million (USD469.2 million), +61.8%;
  • Passenger numbers:
    • Domestic: 20.8 million, +8.1%;
    • International: 3.3 million, +16.6%;
  • Passenger load factor:
    • Domestic: 61.7%, +1.7 ppt;
    • International: 77.6%, +5.4 ppts;
  • Cargo volume:
    • Domestic: 226,000 tons, -1.5%;
    • International: 293,000 tons, +5.9%;
• FY2012 forecast:
  • Operating revenue: JPY1470 billion (USD18,690 million), -2% when compared to previous guidance;
  • Operating profit: JPY110,000 million (USD1399 million), comparable to previous guidance;
  • Net profit: JPY40,000 million (USD508.6 million), compared to previous guidance. [more - original PR]

*Based on the average conversion rate at USD1 = JPY78.65 for three months ended 30-Sep-2012
*Based on the average conversion rate at USD1 = JPY79.39 for six months ended 30-Sep-2012

ANA Group: "Performance in the first six months fell below initial targets in terms of both passenger revenue and cargo revenue, and this trend is expected to continue in the latter half of the year. Considering the impact of the anti-Japanese demonstrations in China on international passenger revenue, operating revenue is expected to be approximately 30.0 billion yen less than operating revenue stated in the consolidated earnings forecast announced on April 27 this year." Source: Company statement, 31-Oct-2012.