Lufthansa Group has announced its financial results for the fiscal year ending December 2024. The net profit amounted to 1.4 billion euros.
Revenue reached a record high of 37.6 billion euros (previous year: 35.4 billion euros). Adjusted EBIT was 1.6 billion euros (previous year: 2.7 billion euros), with an operating profit margin of 4.4% (previous year: 7.6%). Passenger numbers increased by 7% to 131 million, and the load factor was 83.1% (down 4.9 percentage points from the previous year). A dividend of 0.3 euros per share is planned.
The first half of the year was significantly affected by strikes, aircraft delivery delays, and operational challenges at hub airports. A turnaround occurred in the second half, with fourth-quarter profits exceeding those of the same period the previous year.
The average yield decreased by 2.6% year-on-year, with a notable decline of nearly 10% in the Asia-Pacific region. Substantial compensation payments due to flight irregularities also weighed heavily. Lufthansa Technik and Lufthansa Cargo performed well.
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