Brief: Lufthansa Q3 Adjusted EBIT OF 1.4 Billion Euros, An Increase Of Six Percent Compared With Prior Year
Tue 06:07
BRIEF-Lufthansa Q3 Adjusted EBIT OF 1.4 Billion Euros, An Increase Of Six Percent Compared With Prior Year Nov 3 (Reuters) - DEUTSCHE LUFTHANSA AG LHAG.DE:
INCREASES OPERATING PROFIT - STRONG DEMAND AND COST DISCIPLINE MORE THAN OFFSET HIGHER FUEL COSTS
Q3 LUFTHANSA GROUP REVENUE INCREASED NINE PERCENT YEAR‑ON‑YEAR TO 12.2 BILLION EUROS
Q3 COMPANY RECORDED AN OPERATING PROFIT (ADJUSTED EBIT) OF 1.4 BILLION EUROS, AN INCREASE OF SIX PERCENT COMPARED WITH PRIOR YEAR
ADJUSTED FREE CASHFLOW REACHED ROUGHLY THE PRIOR‑YEAR LEVEL AT 793 MILLION EUROS (PREVIOUS YEAR: 818 MILLION EUROS).
Q3 NET INCOME ROSE BY AROUND 300 MILLION
Q3 ADJUSTED EBIT MARGIN FELL SLIGHTLY TO 11.5 PERCENT
Further company coverage: LHAG.DE
(Gdansk Newsroom)
((gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))
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