AI assistant
Deutsche Lufthansa AG — Earnings Release 2010
May 4, 2010
109_rns_2010-05-04_f2678dc8-738a-40c3-a223-317aed3b09bb.html
Earnings Release
Open in viewerOpens in your device viewer
News Details
Ad-hoc | 4 May 2010 14:28
Deutsche Lufthansa AG: Lufthansa closes first quarter 2010 with an operating loss of EUR 330m. Executive Board confirms outlook.
Deutsche Lufthansa AG / Quarter Results
04.05.2010 14:28
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 quarter 2010 with revenue of EUR 5.8bn
(previous year: EUR 5.0bn) and an operating loss of EUR 330m (previous
year: operating loss of EUR 44m). The net loss for the period came to EUR
298m (previous year: net loss of EUR 267m). Last year's figures have been
restated in line with measurement changes under IAS 39.
The result for the first quarter includes adverse effects from the
first-time consolidation of Austrian Airlines and bmi, higher fuel costs,
and non-recurring effects such as the burden due to the extreme winter and
to the strike by cockpit staff. It nevertheless also reflects positive
demand trends in the cargo and passenger businesses. Overall performance to
date has further strengthened the Executive Board's expectations of
achieving a positive operating result higher than last year's.
The interim report for the first quarter 2010 will be published on 5 May
2010. The information will be available on the internet from 8:00 CET at
www.lufthansa.com/investor-relations.
Contact:
Deutsche Lufthansa AG
Frank Hülsmann
Tel.: +49 (0) 69-696-28001
Fax.: +49 (0) 69 696 90990
[email protected]
04.05.2010 Ad hoc announcement, Financial News and Media 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: [email protected]
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