Lufthansa Group achieves 2014 targets with EUR954m operating profit, outlook positive

Lufthansa Group revenue stable - financial highlights for 12 months ended 31-Dec-2014:

• Total operating income: EUR32,176 million,
• Total revenue: EUR30,011 million, -0.1% year-on-year;
• • Passenger Airline Group: EUR23,320 million, -0.8%;
  • • Lufthansa Passenger Airlines: EUR17,098 million, -1.2%;
    • SWISS: EUR4241 million, +0.4%;
    • Austrian Airlines: EUR2069 million, stable;
  • Logistics: EUR2435 million, -0.3%;
  • MRO: EUR4337 million, +3.8%;
  • Catering: EUR2633 million, +4.7%;
  • IT Services: EUR646 million, +0.9%;
• Total operating costs: EUR31,409 million, +0.1%;
• • Fuel: EUR6751 million, -5.1%;
  • Labour: EUR7335 million, -0.3%;
• Operating profit: EUR954 million, +36.5%;
• • Passenger Airline Group: EUR553 million, +7.8%;
  • • Lufthansa Passenger Airlines: EUR252 million, -10.6%;
    • SWISS: EUR289 million, +27.9%;
    • Austrian Airlines: EUR10 million, -60.0%;
  • Logistics: EUR100 million, +26.6%;
  • MRO: EUR392 million, -3.0%;
  • Catering: EUR100 million, -4.8%;
  • IT Services: EUR37 million, +2.8%;
• Net profit: EUR55 million, -82.4%;
• Passenger numbers: 106.0 million, +1.3%;
• Cargo volume: 1.9 million tonnes, -2.1%;
• Passenger load factor: 80.1%, +0.3 ppt;
• Cargo load factor: 69.9%, +0.8 ppt;
• Total assets: EUR30,474 million;
• Cash and cash equivalents: EUR953 million;
• Total liabilities: EUR26,443 million. [more - original PR]

Lufthansa Group: "On the basis of the generally positive development expected for the relevant regions and economies, the Lufthansa Group is adopting a generally positive expectation for the development in demand in 2015, which will nonetheless have to be validated continuously over the course of the year." Source: Company statement, 12-Mar-2015.