VAH 0.00% 8.6¢ virgin australia holdings limited

News: VAH Virgin Australia Expects To Be Profitable At Underlying Profit Before Tax And Statutory...

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    Aug 29 (Reuters) - Virgin Australia Holdings Ltd (VAH) :

    • FY18 UNDERLYING PROFIT BEFORE TAX $109.6M UP $113.3M ON FY17
    • ON TRACK TO DELIVER $400 MILLION IN ANNUALISED NET CASH FLOW SAVINGS BY END OF FY19
    • GROUP EXPECTS TO BE PROFITABLE AT UNDERLYING PROFIT BEFORE TAX AND STATUTORY LEVELS IN FIRST HALF OF 2019 FINANCIAL YEAR
    • GROUP REVENUE IN Q1 OF 2019 FY EXPECTED TO GROW BY AT LEAST 7 PERCENT ON PRIOR CORRESPONDING QUARTER
    • HEDGED 83 PERCENT OF FORECAST 2019 FY CONSUMPTION AT NO WORSE THAN US$60/BBL (BRENT EQUIVALENT)
    • TOTAL FUEL COST FOR 2019 FY EXPECTED TO BE ABOUT $1,199.0 MILLION, UP $213.0 MILLION ON THE 2018 FY COST

    Source text http//www.asx.com.au/asxpdf/20180829/pdf/43xssb8j3zyy6x.pdf

    (([email protected];))

 
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