05:45:33 Europe / Stockholm

Kurs & Likviditet

Kursutveckling och likviditet under dagen för detta pressmeddelande


ListaMid Cap Helsinki
IndustriFordon & Transport
Finnair är ett finskt flygbolag. Bolaget erbjuder ett brett utbud av resmål till och från Europa och till en stor del av världens kontinenter. Flygningarna återfinns huvudsakligen runtom Norden, Europa och Asien. Utöver reguljära flygningar erbjuds långdistansflyg. Bolaget startade 1923 och har sitt huvudkontor i Vantaa.


2020-10-28 Kvartalsrapport 2020-Q3
2020-07-17 Kvartalsrapport 2020-Q2
2020-06-01 Ordinarie utdelning FIA1S 0.00 EUR
2020-05-29 Årsstämma 2019
2020-04-29 Kvartalsrapport 2020-Q1
2020-02-07 Bokslutskommuniké 2019
2019-03-21 Ordinarie utdelning FIA1S 0.27 EUR
2019-03-20 Årsstämma 2018
2019-02-15 Bokslutskommuniké 2018
2018-10-25 Kvartalsrapport 2018-Q3
2018-07-17 Kvartalsrapport 2018-Q2
2018-04-25 Kvartalsrapport 2018-Q1
2018-03-21 Ordinarie utdelning FIA1S 0.30 EUR
2018-03-20 Årsstämma 2017
2018-02-16 Bokslutskommuniké 2017
2017-10-25 Kvartalsrapport 2017-Q3
2017-07-20 Kvartalsrapport 2017-Q2
2017-04-28 Kvartalsrapport 2017-Q1
2017-03-17 Ordinarie utdelning FIA1S 0.10 EUR
2017-03-16 Årsstämma 2016
2017-02-15 Bokslutskommuniké 2016
2016-10-26 Kvartalsrapport 2016-Q3
2016-08-17 Kvartalsrapport 2016-Q2
2016-05-12 Kvartalsrapport 2016-Q1
2016-03-18 Ordinarie utdelning FIA1S 0.00 EUR
2016-03-17 Årsstämma 2015
2016-02-10 Bokslutskommuniké 2015
2015-10-30 Kvartalsrapport 2015-Q3
2015-08-14 Kvartalsrapport 2015-Q2
2015-05-07 Kvartalsrapport 2015-Q1
2015-03-26 Ordinarie utdelning FIA1S 0.00 EUR
2015-03-25 Årsstämma 2014
2015-02-11 Bokslutskommuniké 2014
2014-03-28 Ordinarie utdelning
2013-03-28 Ordinarie utdelning
2012-03-29 Ordinarie utdelning
2011-03-25 Ordinarie utdelning
2010-04-01 Ordinarie utdelning
2009-03-27 Ordinarie utdelning
2008-03-28 Ordinarie utdelning
2007-03-23 Ordinarie utdelning
2006-03-24 Ordinarie utdelning
2005-03-24 Ordinarie utdelning
2004-04-08 Ordinarie utdelning
2003-04-10 Ordinarie utdelning
2002-04-12 Ordinarie utdelning
2001-04-20 Ordinarie utdelning
2000-08-25 Ordinarie utdelning FIA1S 0.25 EUR
1999-08-26 Ordinarie utdelning FIA1S 0.25 EUR
1998-08-21 Ordinarie utdelning
1997-08-22 Ordinarie utdelning
1996-08-22 Ordinarie utdelning
2020-03-16 08:00:00

Finnair Plc         Stock Exchange Release           16 March 2020 at 9.00 a.m. EET

In its profit warning published on 28 February, Finnair revised its financial outlook and announced that its comparable operating result in Q1 2020 was expected to be lower compared to Q1 2019, its comparable operating result would be significantly lower in Q2 2020 than in the corresponding period of 2019 and that it expected a significantly lower comparable operating result in 2020 than in the previous financial year. Further, Finnair withdrew its capacity guidance of approximately 4 per cent growth for 2020 and announced that it will adjust its network and capacity over the next months leading to a decrease in Finnair's flight related costs, such as jet fuel, airport and other fees, in accordance with the capacity development.

In addition, Finnair announced that it was looking into adjusting its other costs by 40 - 50 million euros with measures relating to personnel, sales and marketing activities, development initiatives and other projects.

Due to the recent dramatic global impact of the coronavirus, Finnair now revises its financial outlook. Following a substantial fall in demand, Finnair will cut approximately 90 per cent of its normal capacity, compared to 2019, starting from the beginning of April 2020 and until the situation improves. This will result in a substantial comparable operating loss in the 2020 financial year.

Due to the extreme circumstances, Finnair will make further significant adjustments to its cost base.

The Board of Directors has reconsidered its dividend proposal and due to the rapid deterioration of the circumstances, the Board has concluded that the company should refrain from paying dividend. Also the government of Finland has advised the company of its intention to vote against the dividend proposal of 0.20 euros per share due to the change in circumstances. As a result, such dividend will not be distributed for 2019.

"It is now clear that the coronavirus is by far the biggest crisis in the history of aviation," says Topi Manner, Finnair's CEO. "The substantial deterioration of our financial outlook is fully attributable to the coronavirus. At the same time, it has nothing to do with Finnair's underlying competitiveness, which remains intact. I would like to sincerely thank our customers for their patience and loyalty. I'm grateful, proud and constantly in awe of the dedication and team spirit our staff has shown during this extraordinary period. We will stay focused on our long-term goals and together put all of our energy in rising stronger from this situation."

At the start of the coronavirus crisis, Finnair has a strong cash position and a healthy balance sheet. To secure the company's future even in a prolonged coronavirus situation, Finnair is implementing a substantial funding plan. The plan includes funding instruments such as available credit lines, sale and leasebacks of unencumbered aircraft and a substantial, market-based pension premium loan. The government of Finland has confirmed to the company that it will actively support Finnair through this exceptional period.  

Finnair will update its outlook in conjunction with the Q1 2020 interim report.