The FINANCIAL — AIR FRANCE -KLM reported third-quarter operating result of 898 million euros compared to 247 million euros, prior year. Operating result was up 321 million euros excluding strike impact, and were up 304 million euros like-for-like. EBITDA was 1.3 billion euros compared to 682 million euros, a year ago, according to Nasdaq.
The company noted that its third quarter comparison basis is strongly affected by the Air France pilot strike that disrupted operations in September 2014. The net impact on third quarter operating result was estimated at 330 million euros.
Restated net result, group share was 624 million euros, compared to 106 million euros, last year. Earnings per share were up to 1.32 euros from 0.24 euros. Adjusted earnings per share was 1.71 euros compared to 0.29 euros.
Revenues were 7.4 billion euros compared to 6.7 billion euros, an increase of 10.8%. Corrected for the strike impact, the revenues increased by 4.2% mainly as a result of a strong currency tailwind. Total revenues were down 2.4% like-for-like.
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