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BRIEF-Qantas Airways says HY statutory profit after tax $688 million

Published 23/02/2016, 09:04 am
© Reuters.  BRIEF-Qantas Airways says HY statutory profit after tax $688 million
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Feb 23 (Reuters) - Qantas Airways Ltd QAN.AX :

* Qantas 2015/16 appendix 4d and interim financial results QAN.AX

* HY statutory profit after tax attributable to members $688 million versus $203 million

* Says no dividends were declared or paid during the half-year ended 31 December 2015

* HY revenue and other income $8.46 billion versus $8.06 billion last year

* Group expects to realise a total of $450 million of benefits in 2015/16"

* "In 2015/16 expects to see further improvement in both ffo/net debt and debt/adjusted EBITDA compared to 2014/15"

* For Qantas domestic, "revenue from sector was down around $50 million with a similar decline expected in the second half of 2015/16"

* American airlines partnership broadens qantas' network in the United States and is expected to produce synergies in sales and marketing

* Source text for Eikon ID:nASXpmt1d

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