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Deutsche Lufthansa AG — Earnings Release 2003
Nov 11, 2003
109_rns_2003-11-11_03423358-40ec-4bef-bd26-00b2b67de3c5.html
Earnings Release
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Ad-hoc | 11 November 2003 20:20
Deutsche Lufthansa AG english
Lufthansa reports third-quarter operating profit of 200 million euros Ad-hoc-announcement transmitted by DGAP. The issuer is solely responsible for the content of this announcement. ——————————————————————————– Lufthansa reports third-quarter operating profit of 200 million euros Operating losses reduced to 154 million euros in nine months The Lufthansa Group returned an operating profit of 200 million euros in the third quarter. The upturn narrowed first-half operating losses from – 354 million euros to – 154 million euros (First nine months 2002: + 790 million euros). Extraordinary depreciation charges totalling 150 million euros in the catering business segment and a depressed financial result resulted in a pre-tax loss of – 366 million euros (First nine months 2002: + 650 million euros). The Group’s net loss for the nine-month term amounted to – 409 million euros (2002: + 344 million euros). For the full year 2003, Lufthansa is anticipating an operating result close to break-even. More details on the nine-month results will be disclosed at the Lufthansa press conference at 10.00 hours on 12 November 2003. They will be available, simultaneously, on the Internet: http://www.lufthansa-financials.com Deutsche Lufthansa AG Investor Relations Ulrike Schlosser, Telefon (+49) 696-90997, Fax (+49) 696-90990 Email: [email protected] 11 November 2003 end of ad-hoc-announcement (c)DGAP 11.11.2003 ——————————————————————————– WKN: 823212; ISIN: DE0008232125; Index: DAX Listed: Amtlicher Markt in Berlin-Bremen, Düsseldorf, Frankfurt (Prime Standard), Hamburg, Hannover, München und Stuttgart; Eurex 112020 Nov 03