Lufthansa(DLAKY.US)2025 performance meets expectations, but the Middle East situation casts a shadow over the outlook for 2026

Lufthansa Reports Better-Than-Expected Performance in FY2025

According to the Tongce Finance APP, Lufthansa announced its financial results on Friday, showing performance in fiscal year 2025 exceeding expectations. The company effectively controlled costs and maximized profits through stricter financial management and fleet optimization.

The German airline group reported revenue of €42.5 billion (approximately $49.34 billion) in 2025, a 5% increase year-over-year; operating profit was €3.96 billion, also up 5% YoY. Additionally, the operating profit margin for 2025 improved from 4.4% in 2024 to 4.9%.

The group’s key profitability indicator—adjusted EBIT—reached €1.96 billion, a 19% increase YoY. Net profit for the period was €1.34 billion, down 3% YoY.

Based on market consensus provided by the company, analysts previously expected an average full-year adjusted EBIT of €1.91 billion and revenue of €39.93 billion.

In terms of operational data, Lufthansa carried 135 million passengers in 2025, a 3% increase from 2024. The passenger load factor slightly rose from 83.1% to 83.2%.

Lufthansa aims to restore its operating profit margin to 8%-10% between 2028 and 2030 (from 4.4% in 2024). However, the company noted that recent strikes on February 12 pose challenges to recovering profit losses.

The company also added that due to geopolitical uncertainties, the outlook for 2026 has become “uncertain.” Lufthansa expects capacity to grow by 4% in 2026, along with increases in revenue and profit margins.

Lufthansa also announced plans to pay a dividend of €0.33 per share, a 10% increase from the previous year.