20-Feb-2012 12:17 PM
ANA Group targets profitability over next three years
All Nippon Airways Group (ANA) reported (17-Feb-2012) the following financial forecast:
- FY2011:
- Operating revenue: USD17,536 million;
- Operating profit: USD1127 million;
- Operating profit margin: 6.4%;
- Net profit: USD250.5 million;
- Capital expenditure: USD2505 million;
- Interest-bearing debt: USD13,966 million;
- Free cash flow: USD638.8 million;
- Passenger traffic:
- Domestic: -0.3% year-on-year;
- International: +15.3%;
- Cargo traffic:
- Domestic: -3.3%;
- International: +19.7%;
- FY2012:
- Operating revenue: USD18,789 million;
- Operating profit: USD1378 million;
- Operating profit margin: 7.3%;
- Net profit: USD501.0 million;
- Capital expenditure: USD2706 million;
- Interest-bearing debt: USD13,578 million;
- Free cash flow: USD701.4 million;
- Passenger traffic:
- Domestic: +3.2%;
- International: +11.2%;
- Cargo traffic:
- Domestic: +8.7%;
- International: +8.6%;
- FY2013:
- Operating revenue: USD19,540 million;
- Operating profit: USD1628 million;
- Operating profit margin: 8.3%;
- Net profit: USD688.9 million;
- Capital expenditure: USD2455 million;
- Interest-bearing debt: USD12,400 million;
- Free cash flow: USD626.3 million;
- Passenger traffic:
- Domestic: +2.5%;
- International: +9.3%;
- Cargo traffic:
- Domestic: +3.3%
- International: +10.2%. [more - original PR]
*Based on the conversion rate at USD1 = JPY79.836
ANA, the ninth largest airline in the world by revenues and the largest in Japan by passenger numbers, added its medium-term target of more than JPY150 billion (USD1.9 billion) in consolidated operating profit and a consolidated operating profit margin of more than 10%.