SAS posts improved 2006 earnings but new CEO says profit is 'too low'

A sharp improvement in earnings toward the end of the year, boosted mainly by the November sale of its 65% holding in the Rezidor Hotel Group, drove SAS Group's full-year 2006 net profit to SEK4.74 billion ($676 million), significantly widened from net income of SEK255 million the prior year. But...

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