the nordic region’s largest and most experienced public transport company
Nobina restructures Swebus
During the spring, Nobina initiated a strategic review of its operations in interregional bus services. As a result of this review, Nobina sees an opportunity to integrate Swebus’ operations into Nobina Sweden. In conjunction with the proposed changes, Swebus’ Managing Director, Joakim Palmkvist, is leaving the Group.
NOBINA INTERIM REPORT 1 MARCH - 31 MAY 2017
LOWER EARNINGS BUT UNDERLYING STABILITY
THE FIRST QUARTER
- Net sales amounted to SEK 2,276 million (2,224), an increase of 2.3 per cent.
- Operating profit amounted to SEK 87 million (121).
- Profit after tax amounted to SEK 35 million (69), and earnings per share totalled SEK 0.39 (0.78).
- Cash flow from operations was SEK 177 million (268).