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SAS AB (publ) (SAS.ST)

Stockholm - Stockholm Real-time price. Currency in SEK
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0.4100-0.0100 (-2.38%)
At close: 06:29PM CEST
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Previous close0.4200
Bid0.4106 x 0
Ask0.4110 x 0
Day's range0.4100 - 0.4201
52-week range0.4100 - 1.1660
Avg. volume12,267,758
Market cap2.979B
Beta (5Y monthly)0.94
PE ratio (TTM)N/A
EPS (TTM)-4.9170
Earnings date01 Jun 2023
Forward dividend & yieldN/A (N/A)
Ex-dividend dateN/A
1y target est0.15
  • Reuters

    Airline SAS losses deepen, warns bankruptcy protection to drag out

    STOCKHOLM (Reuters) -Crisis-hit Scandinavian airline SAS on Wednesday reported a much deeper loss in its August-October quarter than last year and said it will take longer than expected to complete its bankruptcy protection process. The long struggling carrier, which sought bankruptcy protection in July in the United States in a bid to slash costs and debt, said its fiscal fourth-quarter pretax loss grew to 1.70 billion Swedish crowns ($161 million) from 945 million. SAS, whose biggest owners are Sweden and Denmark, said in a statement it aimed to end its bankruptcy protection during the second half of 2023.

  • Reuters

    Scandinavian airline SAS gets U.S. court approval for $700 million financing

    The approved credit agreement is a part of the airline's bankruptcy protection process and its terms will be substantially similar to those announced on Aug. 14, SAS said. Long-struggling SAS, ravaged by the pandemic and pressured by low-cost rivals, sought bankruptcy protection in July as pilots went on a two-week strike, hoping to emerge within nine to 12 months as a more competitive airline. Some analysts have said that Apollo could become a major shareholder in SAS by converting the loan to equity at the end of the Chapter 11 process.

  • Reuters

    SAS and striking pilots closer to deal but issues remain, mediator tells E24

    Crisis-hit airline SAS and unions have made progress on a new savings deal to end a 13-day pilots' strike, but significant issues have yet to be resolved, a mediator told news agency E24 on Saturday. A majority of SAS pilots in Sweden, Denmark and Norway walked out on July 4 after negotiations over conditions related to the Scandinavian carrier's rescue plan collapsed. SAS had been struggling with increased low-cost competition for years before the COVID-19 pandemic heaped pressure on the airline industry.