Delta reported that net profit for the September 2013 quarter was $1.2bn, excluding special items. This result is a $444m improvement year-over-year. Including $157m in special items, Delta’s GAAP net income was $1.4bn. The company began returning capital to shareholders, with $100m in share repurchases and $51m in dividend payments. September quarter results include $249m of profit sharing expense in recognition of Delta employees’ contributions to the company’s financial performance. Delta generated $1.2bn of operating cash flow and $627m of free cash flow in the September 2013 quarter, and ended the period with adjusted net debt of $9.9bn.
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Tamar Jorssen
Vice President Sales & Marketing
+1.778.213.8543
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Richmond, BC V6X 3M1
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[email protected]
Mailing Address
AviTrader Publications Corp.
Suite 305, South Tower
5811 Cooney Road
Richmond, BC V6X 3M1
Canada