Deutsche Lufthansa AG (LHA) Earnings Call Transcripts

Deutsche Lufthansa AG's Latest Earnings Call - May 12, 2026

In the Q1 2026 earnings call for Deutsche Lufthansa AG, management reported a strong performance with group revenue reaching EUR 39.6 billion, a significant increase as they approach the EUR 40 billion mark. Adjusted EBIT rose by 20% to EUR 2 billion, reflecting a margin of 5%. The company maintained its guidance for continued operational improvements, signaling a commitment to achieving a medium-term margin target of 8% to 10%. The proposed dividend of EUR 0.33 per share represents a 10% increase from the previous year, indicating confidence in future profitability.

Reported metrics

Guidance from management

Management maintained its guidance for continued operational improvements, targeting a medium-term margin of 8% to 10% and an annual free cash flow of at least EUR 2.5 billion by 2030.

What management said

Dear shareholders, as you know, I will not be standing for reelection to the Supervisory Board either. So altogether, we will have 3 new elections for seats on the Supervisory Board. This will be handled under Item 6 on the agenda and the Supervisory Board proposals that you reelect [indiscernible] as new members of the Supervisory Board for a term of 3 years each. You already know Mr. [indiscernible] as a current me...

Johannes Tyson, former CEO of ION has been nominated to succeed me as a member and Chairman of the Supervisory Board. Since this is his first time standing for election to the Supervisory Board, Mr. Tyson will introduce himself to you personally.

What analysts pressed on

Analysts expressed concerns regarding the competitive pressures from high operational costs in Germany and the impact of geopolitical factors on future growth. There were questions about how the company plans to mitigate these challenges while pursuing its ambitious growth targets.

Main topics on the call

• Revenue Growth — Lufthansa reported group revenue of EUR 39.6 billion, approaching the EUR 40 billion milestone. Management noted, "We were able to increase the group's operating result, our adjusted EBIT by 20% to EUR 2 billion."
• Turnaround Program Progress — The turnaround program for Lufthansa Airlines is showing results, with management stating, "The successful execution of the turnaround... remains our priority within Lufthansa Airline." The program is expected to deliver...
• Fleet Modernization — Lufthansa Airlines took delivery of 9 new aircraft last year, with plans for 44 new deliveries this year. Management highlighted that "the fleet renewal is gathering more speed this year," which is expected to enhance op...
• Dividend Increase — A proposed dividend of EUR 0.33 per share was announced, a 10% increase from the previous year, reflecting the company's strong financial performance and commitment to returning value to shareholders.

Read the full Deutsche Lufthansa AG transcript (May 12, 2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 35 Deutsche Lufthansa AG earnings call transcripts on record, spanning March 19, 2020 to August 4, 2026. Based on this history, Deutsche Lufthansa AG reports quarterly. The most recent call on file is dated August 4, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

LHA

Exchange

XTRA

Country

DE

Sector

Industrials

Industry

Passenger Airlines

Calls on record

35

First call

March 19, 2020

Most recent

August 4, 2026

Reporting cadence

quarterly