Lufthansa Group posts operating profit of €393 million and adjusted free cash flow of €2.1 billion in second-quarter 2022

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The Lufthansa Group generated an operating profit of €393 million in the second quarter of 2022. In the prior-year period, adjusted EBIT was still clearly negative at €-827 million. Adjusted EBIT margin rose accordingly to 4.6% (prior year: -25.8%).

Net income increased significantly to €259 million (prior year: €-756 million). The Group turned over €8.5 billion in the second quarter, almost three-times as much as in the same period last year (previous year: €3.2 billion).

For the first half-year of 2022, the Group recorded an adjusted EBIT of €-198 million (prior year: €-1.9 billion). The adjusted EBIT margin amounted to -1.4% in the first half of the year (prior year: -32.5%).

Sales increased significantly compared with the first six months of 2021 to €13.8 billion (prior year: €5.8 billion). (£1.00 = €1.19 at time of publication).

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