DGAP-Adhoc: Deutsche Lufthansa AG confirms operating result forecast of approx. 1.0 bn EUR for 2014 including impacts from strike actions to date. New operating profit target for 2015 adjusted from approx. 2 bn EUR to 'significantly above result of 2014'


Deutsche Lufthansa AG  / Key word(s): 9-month figures/Profit Warning

30.10.2014 07:27

Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

---------------------------------------------------------------------------

The Executive Board of Deutsche Lufthansa AG confirms its forecast of
around EUR 1.0 bn in operating profit for the financial year 2014 (EUR
1.3bn after adjustment for one-off effects). This forecast includes the
impacts from strike actions of around EUR 170m to date but no impacts from
possible further strikes in the rest of the year. In the period from
January to September 2014, the Group achieved an operating profit of EUR
849m (previous year: EUR 663m) and is therefore on target for the full year
2014.

The target for the operating result in 2015 has been adjusted from approx..
EUR 2bn to "significantly above the result of 2014". This is mainly due to
a general downturn in the forecasts for global economic growth compared to
earlier in the year and as a result of this lower projected revenue growth.
The results will also be depressed by a sharp increase in pension costs due
to the much lower discount rate. Due to the current strong volatility,
especially in the oil prices and in the EUR/USD exchange rate a more
precise forecast will only be issued next year.


30.10.2014 The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de

---------------------------------------------------------------------------
 
Language:     English
Company:      Deutsche Lufthansa AG
              Von-Gablenz-Straße 2-6
              50679 Köln
              Germany
Phone:        +49 (0)69 696 28002
Fax:          +49 (0)69 696 90990
E-mail:       investor.relations@dlh.de
Internet:     www.lufthansagroup.com/investor-relations
ISIN:         DE0008232125, DE0008232125
WKN:          823212
Indices:      DAX
Listed:       Regulierter Markt in Berlin, Düsseldorf, Frankfurt (Prime
              Standard), Hamburg, Hannover, München, Stuttgart; Terminbörse
              EUREX
 
End of Announcement                             DGAP News-Service
 
---------------------------------------------------------------------------