The Lufthansa Group improved revenue by 5.6% to €6.6bn (previous year: €6.3bn) in the first quarter 2012. The additional revenue could however not offset the cost increases, in particular for fuel. Therefore the Group registered an operating loss of €381m (previous year: €-169m). The net result attributable to shareholders amounted to €-397m (previous year: €-507m). It includes a result from discontinued operations (bmi) of €2m. The figures for the previous year have been adjusted in line with the presentation for the reporting year in accordance with IFRS 5. For the financial year 2012 the Executive Board anticipates an increase in revenue and an operating result in the mid-three digit million euro range. Potential restructuring costs in connection with the group-wide programme SCORE are not included in this earnings forecast and may have an adverse effect on the result for the current financial year.
Learn more on how AviTrader can expand your market
Please contact
Tamar Jorssen
Vice President Sales & Marketing
+1.778.213.8543
[email protected]
Mailing Address
AviTrader Publications Corp.
Suite 305, South Tower
5811 Cooney Road
Richmond, BC V6X 3M1
Canada
[email protected]
Mailing Address
AviTrader Publications Corp.
Suite 305, South Tower
5811 Cooney Road
Richmond, BC V6X 3M1
Canada