Deutsche Lufthansa reports Q3 results; reaffirms FY outlook

* Deutsche Lufthansa press release [https://newsroom.lufthansagroup.com/en/lufthansa-group-achieves-operating-profit-of-13-billion-euros-in-the-third-quarter-and-confirms-outlook-for-significant-profit-increase-for-the-full-year/] (OTCQX:DLAKF [https://seekingalpha.com/symbol/DLAKF]): Q3 Revenue of 11.2 billion euros (+4.7% Y/Y).
*
The company generated an operating profit (Adjusted EBIT) of 1.3 billion euros, which is on level with the previous year. The operating margin for this period was 11.9 percent (previous year: 12.5 percent). Operating profit for the first nine months amounted to 1.5 billion euros, up 300 million euros on the previous year.

Consolidated net profit fell to 1.0 billion euros in the third quarter, 12 percent below the previous year's level. In the first nine months of the year, it improved to around 1.1 billion euros (previous year: 830 million euros).

*
In the third quarter, the Lufthansa Group's passenger airlines welcomed on board around 42 million passengers (previous year: 40 million). Despite a three percent increase in seat capacity, load factor in the third quarter rose slightly year-on-year to 87.5 percent.

*
Overall revenue for the passenger airlines rose to 8.9 billion euros in the third quarter (previous year: 8.8 billion euros).

*
Revenue per available seat kilometer (RASK) for passenger airlines fell by 2.2 percent in the third quarter.

*
OUTLOOK

Advance bookings for the fourth quarter indicate a more stable demand environment for all traffic regions. Based on the current booking status, both load factor and average yields are roughly on par with the previous year. Increasing stabilization can also be observed for the important North Atlantic and European traffic regions.

Despite ongoing global uncertainties, the Lufthansa Group confirms its forecast for the full year and, with capacity growth of around four percent, expects an operating result (Adjusted EBIT) significantly above the previous year (previous year: 1.6 billion euros).

The company continues to expect adjusted free cash flow to be at the previous year's level (previous year: 840 million euros). This includes net investments, primarily for the ongoing fleet renewal, of between 2.7 and 3.3 billion euros.

MORE ON DEUTSCHE LUFTHANSA AG

* Lufthansa: The Capital Market Day Update Reaffirms Our Buy Case [https://seekingalpha.com/article/4827141-lufthansa-stock-capital-market-day-update-reaffirms-our-buy-case]
* Lufthansa: Solid Execution, Buy Confirmed [https://seekingalpha.com/article/4808648-lufthansa-group-stock-solid-execution-buy-confirmed]
* Deutsche Lufthansa AG 2025 Q2 - Results - Earnings Call Presentation [https://seekingalpha.com/article/4807454-deutsche-lufthansa-ag-2025-q2-results-earnings-call-presentation]
* Lufthansa follows Ryanair to cut German flight schedule amid high fees [https://seekingalpha.com/news/4505436-lufthansa-ryanair-cut-german-flight-schedule]
* Russian drone breach in Poland is said to raise airline safety, insurance fears [https://seekingalpha.com/news/4494040-russian-drone-breach-in-poland-is-said-to-raises-airline-safety-insurance-fears]