Finnair swings to profit in Q2 with €749.2 million revenue, forecasts improved long-term growth

Finnair Group reported a revenue of €749.2 million, almost 36.2% more than the first half (H1) of 2022. Strong quarter driven by strong demand and successful strategy implementation has led to Finnair Group post positive results for first half (H1) of 2023 from January 1 to June 30, 2023. For Q2 of 2023 from April to June 2023 the Group reported comparable operating result of €66.2 million while the operating result was €65.8 million with cash funds worth €1,530.6 million. For Q2 the group reported net cash flow from operating activities to be €175.8 million while gross capital expenditure totalled