The profit of the Aeroflot Group according to IFRS for 9 months of 2024 amounted to 59.9 billion rubles against a loss of 111.3 billion rubles a year earlier. Adjusted net profit amounted to 48.58 billion rubles against a loss of 2.59 billion rubles. This is stated in the company's message.
Revenue increased by 44.3% to RUB 636.557 billion from RUB 441.1 billion, adjusted EBITDA increased by 31.6% to RUB 184.26 billion from RUB 139.96 billion.
Aeroflot is a Russian airline. The group of the same name also includes Rossiya and Pobeda airlines.
The net profit of the Aeroflot Group according to IFRS in the first half of 2024 amounted to 42.3 billion rubles against a loss of 102 billion rubles in the same period of 2023. The adjusted net profit of the group amounted to RUB 27.025 billion against an adjusted loss of RUB 20.083 billion for the first half of 2023. The group's revenue increased by 49.6% to RUB 377.215 billion.
Aeroflot's RAS net profit for the first 9 months of 2024 amounted to RUB 26.33 billion against a loss of RUB 94.6 billion a year earlier. Revenue increased by 47.3% to 526.15 billion rubles from 357.3 billion rubles, gross profit increased 9.2 times to 38.3 billion rubles from 4.14 billion rubles. Profit, adjusted for exchange rate and other one-time effects, amounted to 33.85 billion rubles against 26.06 billion rubles.