Deutsche Lufthansa AG — Earnings Release 2010

Jul 28, 2010

News Details

Ad-hoc | 28 July 2010 19:28

Deutsche Lufthansa AG: Lufthansa earns operating profit in second quarter – Executive Board expects improvement of operating result for full year in line with market expectations.

Deutsche Lufthansa AG / Quarter Results

28.07.2010 19:28

Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by
DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.

---

The Lufthansa Group closed the first half of 2010 with revenue of EUR
12.6bn (last year: EUR 10.2bn) and an operating loss of EUR 171m (last
year: EUR +8m). The net loss for the period came to EUR 104m (last year:
EUR -178m). In the second quarter, the operating result was EUR 159m (last
year: EUR 52m) from revenue of EUR 6.9bn (last year: EUR 5.2bn).

On the one hand, the result of the first half-year reflects a positive
demand trend, above all in the freight and intercontinental passenger
businesses. On the other, it includes adverse effects such as rising fuel
prices and the first-time consolidation of Austrian Airlines and bmi, as
well as non-recurring factors like the extreme winter, the strike by
cockpit staff, and airspace closures in April as a result of the volcanic
eruption in Iceland.

Overall, the momentum behind the performance of the business has further
increased the confidence to reach our profitability targets. Lufthansa
therefore continues to expect higher revenue. The Executive Board still
anticipates an improvement of the operating profit, which on today's
estimates should be in line with market expectations.

The interim report for the first half of 2010 will be published on 29 July
2010. The information will be available on the internet from 8:00 CET at
www.lufthansa.com/investor-relations.

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

28.07.2010 Ad hoc announcement, Financial News and Press Release distributed by DGAP.
Media archive at www.dgap-medientreff.de and www.dgap.de

---

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

---