Lufthansa increased its net profit for 9 months at 3.6 times

Lufthansa increased its net profit for 9 months at 3.6 times


Net profit of German Lufthansa for the third quarter amounted to 794 million euros, an increase of 41.5% in annual terms. Revenue rose to 8,939 billion euros, or 5.7% in annual terms.

MOSCOW, 29 Oct. Net profit of one of the world largest airlines, German Lufthansa, in the first 9 months 2015 $ 1,748 billion, 3.6 times the figure obtained a year earlier, follows from the statements of the company.

Earnings per share of the company amounted to 3.78 against the Euro of 1.05 euros a year earlier. Airline’s revenues in January-September reached 24,304 billion euros, an increase of 7.4% compared with a year ago.

The company’s net income for the third quarter amounted to 794 million euros, an increase of 41.5% in annual terms. Earnings per share amounted to 1.72 euros against a profit of € 1.22 m a year earlier. Revenue rose to 8,939 billion euros, or 5.7% in annual terms.

Lufthansa expects that adjusted profit before deduction of interest and taxes (EBIT) in 2015 will amount from 1.75 to 1.95 billion euros. For the first nine months of the current year this indicator amounted to 1.69 billion euros, which is 71.4% higher than a year ago.

Lufthansa Group is one of the largest European airlines, the headquarters of which is located in Cologne. The company, as at 30 September 2015, had 119,39 thousand people.