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SAS AB reduces FY 2013/2014 guidance


Thursday, 8 May 2014 02:30am EDT 

SAS AB:Says it is reducing its forecast for fiscal year 2013/2014.Sees 2013/2014 fiscal year earnings impact from restructuring program to amount to 1.2 bln Swedish crowns.Says provided that market conditions, in terms of capacity, jet fuel and exchange rates, do not decline any further and that no unexpected events occur, potential exists to post positive EBT, including positive effect from amendments to pension reporting, also in FY 2013/2014. 

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