July 31, 2014 5:54 AM ET

Road and Rail

Company Overview of Nobina AB

Company Overview

Nobina AB, through its subsidiaries, provides public bus transportation services in Sweden, Norway, Denmark, and Finland. It offers scheduled contractual bus transport and extensive express bus services. The company also leases buses for operating companies. It operates in regional traffic in the Nordic region under contract and interregional traffic in Sweden. As of February 3, 2013, the company operated a fleet of 3,455 buses, of which 443 were owned and 3,012 were leased. Nobina AB is headquartered in Solna, Sweden.

Armégatan 38

Solna,  17171

Sweden

6,803 Employees

Phone:

46 8 41 06 50 00

Fax:

46 8 27 23 03

Key Executives for Nobina AB

Chief Executive Officer and President
Age: 59
Chief Financial Officer and Vice President
Age: 57
Chief Executive Officer of Nobina Finland and Director of Nobina Finland
Age: 58
President of Nobina Norway
Business Area Head of Regional Traffic
Age: 54
Compensation as of Fiscal Year 2014.

Nobina AB Key Developments

Nobina AB Reports Consolidated and Parent Earnings Results for the First Quarter Ended May 31, 2014

Nobina AB reported consolidated and parent earnings results for the first quarter ended May 31, 2014. For the quarter, on consolidated basis, the company reported sales of SEK 1,886 million compared to SEK 1,846 million a year ago. Operating profit was SEK 59 million compared to SEK 65 million a year ago. Loss before tax was SEK 16 million compared to earnings before tax of SEK 3 million a year ago. Loss for the period attributable to the parent company's shareholders was SEK 23 million compared to SEK 4 million a year ago. Loss per share before and after dilution was SEK 0.04 compared to SEK 0.41 a year ago. Cash flow from operations was SEK 99 million compared to SEK 162 million a year ago. Investments in land, vehicles, equipment tools fixtures and fittings, excl. financial leases was SEK 29 million compared to SEK 7 million a year ago. Sales were positively impacted by increased variable revenues in existing contracts and by the indexation of revenues. Operating profit was positively impacted by an increased volume. For the quarter, on parent basis, the company reported earnings before tax of SEK 9 million compared to SEK 13 million a year ago. Net earnings for the period was SEK 9 million compared to SEK 13 million a year ago.

Nobina AB, Q1 2015 Earnings Call, Jun 26, 2014

Nobina AB, Q1 2015 Earnings Call, Jun 26, 2014

Nobina AB Reports Unaudited Consolidated Earnings Results for Fourth Quarter and Full Year Ended February 28, 2014

Nobina AB reported unaudited consolidated earnings results for fourth quarter and full year ended February 28, 2014. For the quarter, the company’s net sales were SEK 1,816 million against SEK 1,793 million a year ago. Operating profit was SEK 32 million against SEK 17 million a year ago. Loss before tax was SEK 24 million against SEK 52 million a year ago. Loss for the period attributable to the parent company's shareholders was SEK 25 million or SEK 0.04 per share before and after dilution against SEK 54 million or SEK 1.52 per share before and after dilution a year ago. Cash flow from operations was SEK 345 million against SEK 170 million a year ago. Investments in land, vehicles, equipment tools fixtures and fittings, excl. financial leases was SEK 7 million against SEK 31 million a year ago. For the full year, the company’s sales were SEK 7,269 million against SEK 7,212 million a year ago. Operating profit was SEK 326 million against SEK 246 million a year ago. Earnings before tax were SEK 87 million against loss before tax was SEK 9 million a year ago. Earnings for the period attributable to the parent company's shareholders was SEK 56 million or SEK 0.09 per share before and after dilution against SEK 60 million or SEK 0.25 per share before and after dilution a year ago. Cash flow from operations was SEK 899 million against SEK 866 million a year ago. Investments in land, vehicles, equipment tools fixtures and fittings, excl. financial leases was SEK 39 million against SEK 127 million a year ago. Net sales were positively impacted by increased variable revenues in existing contracts and by the indexation of revenues.

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