Deutsche Lufthansa (ETR:LHA) Full Year 2024 Results
Key Financial Results
- Revenue: €37.6b (up 6.1% from FY 2023).
- Net income: €1.39b (down 28% from FY 2023).
- Profit margin: 3.7% (down from 5.4% in FY 2023).
- EPS: €1.16 (down from €1.61 in FY 2023).
LHA Operational Performance
- Available seat kilometres (ASK): 326.18b (up 8.5% from FY 2023).
- Passenger load factor: 83.1% (up from 82.9% in FY 2023).
- Total aircraft: 735 (up by 14 from FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Deutsche Lufthansa EPS Beats Expectations
Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 34%.
The primary driver behind last 12 months revenue was the Passenger Airlines segment contributing a total revenue of €29.7b (79% of total revenue). Notably, cost of sales worth €30.5b amounted to 81% of total revenue thereby underscoring the impact on earnings.Over the last 12 months, the company's earnings were enhanced by non-operating gains of €123.0m. Explore how LHA's revenue and expenses shape its earnings.
Looking ahead, revenue is forecast to grow 3.7% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the Airlines industry in Europe.
Performance of the market in Germany.
The company's shares are up 14% from a week ago.
Risk Analysis
What about risks? Every company has them, and we've spotted 3 warning signs for Deutsche Lufthansa you should know about.
Valuation is complex, but we're here to simplify it.
Discover if Deutsche Lufthansa might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.
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