SAS AB (SASDQ) has released an update.
SAS AB is set to submit monthly financial reports for the period from November 1, 2023, to June 30, 2024, as part of its Chapter 11 proceedings in the United States, disclosing key financial metrics including revenues, results, and cash holdings. The data reveals a revenue of SEK 27.9 billion, a loss of SEK 3.3 billion, and cash reserves of SEK 8.9 billion as of June 30, 2024. The information, which is yet to be audited, will be made available alongside SAS’s interim reports, except when they coincide with the monthly submissions.
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