Deutsche Lufthansa AG ( (DLAKY) ) has released its Q4 earnings. Here is a breakdown of the information Deutsche Lufthansa AG presented to its investors.
Deutsche Lufthansa AG is a global aviation group with a strong presence in Europe, operating in sectors such as passenger airlines, logistics, and maintenance, repair, and overhaul (MRO) services. The company is known for its comprehensive network of airlines, including Lufthansa Airlines, SWISS, Austrian Airlines, and Brussels Airlines, offering premium services and a focus on sustainability.
In its latest earnings report for 2024, Lufthansa Group reported a challenging year with a 39% decrease in Adjusted EBIT to EUR 1.6 billion, despite a 6% increase in total revenue to EUR 37.6 billion. The company faced significant challenges, including strikes, high inflation, and aircraft delivery delays, which impacted its financial performance.
Key financial highlights include a 6% increase in total revenue, driven by strong demand in passenger and logistics segments, although net profit fell by 18% to EUR 1.38 billion. The Passenger Airlines segment saw a significant drop in Adjusted EBIT by 49%, while the Logistics and MRO segments experienced growth in revenue and profitability. The company also made strategic moves, such as acquiring a stake in ITA Airways and modernizing its fleet with new aircraft orders.
Looking ahead, Lufthansa Group remains optimistic about 2025, expecting capacity and revenue growth along with improved Adjusted EBIT. The company continues to focus on transforming into a global airline group, enhancing its fleet, and offering sustainable travel options, positioning itself for future success in the aviation industry.
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