Deutsche Lufthansa AG — Earnings Release 2009

Oct 28, 2009

News Details

Ad-hoc | 28 October 2009 15:00

Deutsche Lufthansa AG: Lufthansa achieves operating profit of EUR 226m for the first nine months of 2009 – positive outlook for the year remains subject to very considerable risks.

Deutsche Lufthansa AG / Interim Report

28.10.2009

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Lufthansa achieves operating profit of EUR 226m for the first nine months
of 2009 - positive outlook for the year remains subject to very
considerable risks.

Against the background of a persistently difficult environment
characterised by continuing demand and price weakness the Lufthansa Group
generated revenue of EUR 16.2bn (-13.2 per cent) in the first nine months
of 2009.

The achieved operating profit of EUR 226m (previous year: EUR 954m)
includes also first-time earnings contributions from Austrian Airlines and
British Midland totalling EUR 28m as well as earnings from the reversal of
a badwill as a result of the initial consolidation of Austrian Airlines
(EUR 61m). The net loss for the period was EUR -32m (previous year: net
profit of EUR 529m). Last year's figures have been adjusted in line with
measurement changes under IFRIC 13.

The Lufthansa Group's earnings continue to be subject to very considerable
risks as a result of volume and price trends and renewed oil price
increases. A sharp drop in revenue and continued pressure on earnings is
therefore expected for the full year. Negative earnings contributions are
also anticipated from the new companies in the airline group over the
months ahead. Business performance in the fourth quarter will therefore be
a deciding factor in whether these factors can be successfully compensated
for and the goal of a positive operating result for the now expanded Group
can still be achieved.

Further details and the complete interim report will be published by
Lufthansa on 29 October 2009. The information will be available on the
internet from 8.00 a.m. CET at
www.lufthansa.com/investor-relations.

Deutsche Lufthansa AG
Frank Hülsmann
Phone: +49 (0) 69-696-28001
Fax.: +49 (0) 69 696 90990
investor.relations@dlh.de

28.10.2009 Financial News transmitted by DGAP

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Language: English
Company: Deutsche Lufthansa AG
Von-Gablenz-Str. 2-6
50679 Köln
Deutschland
Phone: +49 (0)69 696 28002
Fax: +49 (0)69 696 90990
E-mail: investor.relations@dlh.de
Internet: www.lufthansa.com/investor-relations
ISIN: DE0008232125, DE0008232125
WKN: 823212
Indices: DAX
Listed: Regulierter Markt in Berlin, Frankfurt (Prime Standard),
Düsseldorf, Hannover, München, Hamburg, Stuttgart;
Terminbörse EUREX

End of News DGAP News-Service

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