EARNINGS POLL – Norwegian Air's March yield seen rising to 0.35

Polomint1
NAS 05.04.2018 kl 08:17 2133

Norwegian Air Shuttle traffic data for March
Due on Friday, April 6 at 0600 GMT
Oslo, April 4 (Reuters) – Norwegian Air Shuttle's March traffic data will likely show a yield of 0.35 Norwegian crowns per passenger carried and kilometre flown, up from 0.31 crowns in February and 0.34 crowns in March of 2017, a Reuters poll of analysts showed on Wednesday.

Following is a table of forecasts for Norwegian Air's March 2018 traffic data (percentage change from March 2017, except for yield in Norwegian crowns, load factor in percent and load factor change in percentage points, share price target in Norwegian crowns):

Average Median High Low March 2017
ASK 39.2 39.0 44.2 32.40
RPK 39.9 40.5 46.0 32.40
Yield 0.35 0.35 0.37 0.33 0.34
Yield chg pct 2.9 2.2 10.0 -4.0
Load Factor 84.9 85.0 88.0 83.1
Load Factor chg pp 0.9 0.9 4.0 -1.0

Share price target 260 270 300 200
Notes:
* ASK: available seat kilometres
* RPK: revenue passenger kilometres
* Yield: average revenue per passenger carried and kilometres flown
Analyst Recommendations
Of the seven analysts who participated, six held a buy recommendation and one did not give a recommendation. Share price targets varied from 200 Norwegian crowns to 300 crowns.

The following brokerages and investment banks participated in the poll: Arctic Securities (buy), Pareto Securities (buy), Kepler Cheuvreux (buy), Handelsbanken (accumulate), SEB (buy), Nordea (buy) and Carnegie (no recommendation).

Forecasts were collected on April 3 and 4.

(Reporting by Ole Petter Skonnord, editing by Terje Solsvik) ((olepetter.skonnord@thomsonreuters.com ; +47 23 31 0920)
Redigert 05.04.2018 kl 08:18 Du må logge inn for å svare
zavva
06.04.2018 kl 08:03 1905

Syke trafikktall - alt er i den høye enden av estimatene her.
Polomint1
06.04.2018 kl 08:21 1853

Hvis vi sammenligner tallene med ifjor så ser vi en økning. Da var prisen ca 270,-kr per aksje. Vi har bedre tall denne gangen, med tanke på forbedret Yield, RPK og ASK. Ser vi priser mot 270 igjen?

OSLO, April 6 (Reuters) – Budget airline Norwegian Air Shuttle released the following traffic data for March on Friday:

Mar 2018 Feb 2018 change (pct) y/y Reuters poll*** Mar 2017
ASK (mln)** 7,408 6,150 +44 39.2 5,154
RPK (mln)** 6,424 5,182 +48 39.9 4,336
Passengers (mln) 2.816 2.330 +15 N/A 2.454
Yield (NOK)** 0.35 0.31 +1 0.35 0.34
Load factor (pct) 86.7 84.3 +2.6 p.p. 84.9 84.1
The Group has entered into term contracts and options during the period. By the end of March, the Group estimates a quarter-to-date gain of NOK 76 million including losses of NOK 72 million related to unrealized hedge positions.

* ASK: available seat kilometres. A measure of an airline flight's passenger carrying capacity
RPK: revenue passenger kilometres. A measure of traffic calculated by multiplying the number of revenue-paying passengers by the distance travelled

Yield: average revenue per passenger carried and kilometre flown

** Reuters ASK and RPK poll data measure percentage changes from February 2017; yield measured in NOK, load factor in percent [nL5N1RH3JY]
(Reporting by Oslo newsroom) ((terje.solsvik@thomsonreuters.com; +47 918 666 70; Reuters Messaging: terje.solsvik.thomsonreuters.com@reuters.net)
Redigert 06.04.2018 kl 08:22 Du må logge inn for å svare