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Lufthansa Q2 earnings per share grew 68.1 percent

Lufthansa
Lufthansa   EBITDA increased 42.7 percent

Deutsche Lufthansa reported that its second-quarter net profit climbed 69.3 percent to 740 million euros from last year's 437 million euros.


Earnings per share grew 68.1 percent to 1.58 euros from last year's 0.94 euro.

EBIT was up 79 percent from last year to 1.015 billion euros, and adjusted EBIT grew 74.7 percent to 1.017 billion euros.

EBITDA increased 42.7 percent to 1.45 billion euros, and EBITDA margin improved 3.2 percentage points to 15.7%.

Total revenue in the quarter increased 14 percent to 9.26 billion euros from 8.13 billion euros last year. On this, traffic revenue climbed 17 percent to 7.49 billion euros.

The company said revenue and profit developed better than expected due to strong demand.

 

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