Deutsche Lufthansa AG

LHA

Equity

ISIN DE0008232125 / Valor 667979

Xetra (2024-12-23)

EUR 6.19-0.19%

Deutsche Lufthansa AG
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About company

Deutsche Lufthansa AG, operating as the Lufthansa Group, is a prominent aviation group with a strong presence in the European market. With nearly 100,000 employees, the company generated significant revenue in the financial year 2023. The Lufthansa Group consists of Passenger Airlines and Aviation Services segments, including Logistics, MRO, and Additional Businesses like Lufthansa Aviation Training and Lufthansa Systems. The company is a key member of the Star Alliance network, offering customers extensive global reach and travel benefits. With a vast network of subsidiaries and equity investments, Lufthansa also engages in strategic joint ventures with leading airlines like United Airlines, Air Canada, All Nippon Airways, and Singapore Airlines. Compliance is a top priority for the company, ensuring adherence to legal and internal regulations for all staff and management.

Summarized from source with an LLMView SourceSector: Consumer Services

Revenue Growth

In the third quarter of 2024, Deutsche Lufthansa AG reported a 5% increase in total revenue compared to the same period in 2023, reaching €10,738 million. This growth was primarily driven by the expansion of the flight program and strong performance in the MRO business segment.

Operating Income

Deutsche Lufthansa AG's operating income for the third quarter of 2024 was €11,372 million, marking a 4% increase from the previous year. Despite the revenue growth, the company faced challenges due to strikes and operational irregularities, which impacted overall earnings.

Adjusted EBIT

The adjusted EBIT for Deutsche Lufthansa AG in the third quarter of 2024 was €1,340 million, a decrease of 9% compared to the same period in 2023. The decline was attributed to increased costs and reduced yields, exacerbated by strikes and flight cancellations.

Net Profit

Deutsche Lufthansa AG reported a net profit of €1,095 million for the third quarter of 2024, which represents an 8% decrease from the previous year. The reduction in net profit was influenced by operational challenges and external factors such as the Middle East conflict.

Adjusted Free Cash Flow

The adjusted free cash flow for Deutsche Lufthansa AG in the third quarter of 2024 was €128 million, a significant drop of 78% compared to the previous year. This decline was mainly due to lower earnings, although it was partially offset by positive changes in working capital.

Summarized from source with an LLMView Source

Key figures

-23.0%1Y

-1.51%3Y

-47.3%5Y

Performance

26.1%1Y

34.9%3Y

43.0%5Y

Volatility