30-Jan-2017 6:59 AM

ANA Holdings reports double-digit operating profit growth in Q3FY2016, maintains full year outlook

ANA Holdings revenue down 2% – financial highlights

  • Three months ended 31-Dec-2016:
    • Operating revenue: JPY446.7 billion (USD3990 million), -2.4% year-on-year;
      • Air transportation: JPY388.5 billion (USD3470 million), -1.9%;
      • Airline related: JPY64.7 billion (USD577.9 million), +10.4%;
    • Operating costs: JPY406.1 billion (USD3627 million), -5.1%;
    • Operating profit: JPY40.6 billion (USD362.6 million), +35.3%;
      • Air transportation: JPY36.8 billion (USD328.7 million), -1.3%;
    • Net profit: JPY29.1 billion (USD259.9 million), +50.0%;
  • Nine months ended 31-Dec-2016:
    • Operating revenue: JPY1332 billion (USD12.5 billion), -2.7%;
      • Air transportation: JPY1158 billion (USD10.9 billion), -2.2%;
        • Domestic passenger services: JPY520.1 billion (USD4.9 billion), -1.7%;
        • International passenger services: JPY388.4 billion (USD3.7 billion), -0.7%;
      • Airline related: JPY192.5 billion (USD1.8 billion), +11.3%;
    • Operating costs: JPY1202 billion (USD11.3 billion), -4.1%;
    • Operating profit: JPY130.2 billion (USD1.2 billion), +13.4%;
    • Net profit: JPY86.5 billion (USD813 million), +13.2%;
    • Passengers:
      • Domestic: 32.6 million, +0.3%;
      • International: 6.8 million, +11.5%;
    • Passenger load factor:
      • Domestic: 65.8%, +0.9 ppt;
      • International: 75.6%, +0.8 ppt;
  • FY2016 Forecast:

*Based on the average conversion rate at JPY1 = USD0.008932 for three months ended Dec-2016
*Based on the average conversion rate at JPY1 = USD0.0094 for nine months ended Dec-2016

ANA Holdings: “Japanese economy is expected to recover gradually as the employment and income environment continues to improve and various government policies have a beneficial effect. But ANA HD expects that its business environment will be subject to various global risks including growing uncertainty in overseas economies and unpredictable fluctuations in foreign exchange and crude oil markets, as well as increasingly fierce competition in the aviation industry in both Japan and other countries. However, ANA HD also expects to benefit from the ongoing increase in demand for travel to Japan in the run-up to the Tokyo 2020 Olympic and Paralympic Games and continued economic growth leading to increased air travel in the Asia-Pacific region.” Source: Company statement, 27-Jan-2017.

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