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Deutsche Lufthansa AG
Earnings Release • Dec 13, 2022
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Earnings Release
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News Details
Ad-hoc | 13 December 2022 09:58
Deutsche Lufthansa AG: Lufthansa Group raises earnings forecast for 2022
Deutsche Lufthansa AG / Key word(s): Change in Forecast
Deutsche Lufthansa AG: Lufthansa Group raises earnings forecast for 2022
13-Dec-2022 / 09:58 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News – a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
Lufthansa Group continues to see strong demand for air travel. Average yields in the passenger business remain well above pre-crisis level. Lufthansa Cargo and Lufthansa Technik are expected to achieve record results in the current financial year.
Earnings performance in October and November exceeded expectations. The booking situation for the coming months indicates a continuation of the positive trend in the Group’s passenger business. The Group therefore expects to be able to generate Adjusted EBIT 1 of around EUR 1.5 billion in the 2022 financial year (previously: more than EUR 1 billion).
The Group will present the full year 2022 results on March 3, 2023.
1 Adjusted EBIT is not an indicator according to IFRS. Information on the calculation of Adjusted EBIT is available in the Annual Report 2021 of Deutsche Lufthansa AG.
Responsible:
Svenja Lang
Senior Manager Investor Relations
+49 69 696 28025
13-Dec-2022 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com
| Language: | English |
| Company: | Deutsche Lufthansa AG |
| Venloer Str. 151-153 | |
| 50672 Cologne | |
| Germany | |
| Phone: | +49 (0)69 696 28000 |
| Fax: | +49 (0)69 696 90990 |
| E-mail: | [email protected] |
| Internet: | www.lufthansagroup.com/investor-relations |
| ISIN: | DE0008232125, DE0008232125 |
| WKN: | 823212 |
| Indices: | MDAX |
| Listed: | Regulated Market in Dusseldorf, Frankfurt (Prime Standard), Hamburg, Hanover; Regulated Unofficial Market in Tradegate Exchange |
| EQS News ID: | 1511173 |
| End of Announcement | EQS News Service |