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Nobina has presented the Q1 report

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the nordic region’s largest and most experienced public transport company

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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.

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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).

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