Lufthansa generates operating profit of EUR 876m and net profit of EUR 1.1bn in 2010

Lufthansa generates operating profit of EUR 876m and net profit of EUR 1.1bn in 2010

The Lufthansa Group closed the 2010 financial year with revenue of EUR 27.3bn (previous year: EUR 22.3bn) according to preliminary figures. Despite adverse one-off factors the operating profit came to EUR 876m (previous year: EUR 130m). Net profit attributable to shareholders of Deutsche Lufthansa AG amounted to EUR 1.1bn (previous year: EUR -34m). This includes a positive non-recurring tax effect of around EUR 400m. The previous year’s figures have been adjusted to reflect accounting changes under IAS 39.

On the basis of this gratifying result and in continuation of the dividend policy, the Executive Board proposes a dividend payment of EUR 0.60 per share for the financial year 2010.