In an update on Friday morning, the company SAS reports that it lost SEK 900 million in February. In the period November 2022 to February 2023, the total loss was SEK 3.6 billion.
In comparison, the company lost NOK 2.7 billion in the period November to January. In January alone, the company lost SEK 1.2 billion.
The company had a turnover of SEK 10.37 billion in the four-month period.
Total assets as of 28 February 2023 were SEK 55.4 billion, and total debt was SEK 58.85 billion. The cash balance was SEK 5.3 billion in the same period.
SAS presents financial results every single month, which it is required to do in connection with the bankruptcy process in the USA called chapter 11.(Terms)Copyright Dagens Næringsliv AS and/or our suppliers. We would like you to share our cases using links, which lead directly to our pages. Copying or other forms of use of all or part of the content may only take place with written permission or as permitted by law. For further terms see here.
