{
  "docId": "019dd923-5eff-723e-9be7-6b44a71370b8",
  "docSlug": "7811ec53288e8821",
  "documentTitle": "2025 Q3 Interim Report",
  "authorId": "Lufthansa",
  "authorName": "Lufthansa Group",
  "documentKindSlug": "consulting-deck",
  "documentKindLabel": "Consulting deck",
  "sourceTypeSlug": "strategy_consulting",
  "sourceTypeLabel": "Strategy consulting",
  "presentationDate": null,
  "orientation": "landscape",
  "aspectRatio": 1.414,
  "pageNumber": 7,
  "pageCount": 39,
  "prevPage": 6,
  "nextPage": 8,
  "slideType": "financial_analysis",
  "function": "summarize",
  "density": "overcrowded",
  "nDataPoints": 18,
  "notes": "This is a page from an interim management report, focusing on textual financial commentary.",
  "elementsJson": [
    "paragraph"
  ],
  "metadataConfidence": 1,
  "imagePath": null,
  "slideHref": "/slides/019dd923-5eff-723e-9be7-6b44a71370b8/7",
  "deckHref": "/decks/019dd923-5eff-723e-9be7-6b44a71370b8",
  "deckJsonHref": "/decks/019dd923-5eff-723e-9be7-6b44a71370b8.json",
  "deckAnchorHref": "/decks/019dd923-5eff-723e-9be7-6b44a71370b8#slide-7",
  "components": [
    {
      "bbox": null,
      "kind": "metric",
      "text": "Adjusted EBIT: EUR 1,463m",
      "attrs": null,
      "subkind": "primary",
      "toolName": "Quantification",
      "toolSlug": "quantification",
      "confidence": null,
      "componentId": "019dd952-7323-76ab-8cf1-f63caaa9b2dc",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.08,
        "w": 0.35,
        "x": 0.363,
        "y": 0.144
      },
      "kind": "paragraph",
      "text": "Other financial items came to EUR 143m (previous year: EUR -54m). This increase is mainly based on the measurement through profit or loss of non-hedged financial liabilities in foreign currencies and convertible bonds as well as derivatives.",
      "attrs": null,
      "subkind": "paragraph",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "27a683cf-7c0d-4ff6-9434-819a201846b5",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.03,
        "w": 0.35,
        "x": 0.363,
        "y": 0.463
      },
      "kind": "paragraph",
      "text": "The Lufthansa Group's earnings after income taxes thus amount to EUR 1,111m (previous year: EUR 840m).",
      "attrs": null,
      "subkind": "paragraph",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "51289ccd-8487-4450-81fd-be87324e53ce",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.15,
        "w": 0.35,
        "x": 0.077,
        "y": 0.425
      },
      "kind": "paragraph",
      "text": "The Lufthansa Group's EBIT improved by 17% in the reporting period to EUR 1,463m (previous year: EUR 1,249m). Unlike in the case of the Adjusted EBIT figure, this mainly comprises expenses associated with adjustments to pension plans (EUR 18m), impairment losses which arose, in particular, on aircraft held for sale (EUR 14m), and book gains from sales of aircraft especially (EUR 24m).",
      "attrs": null,
      "subkind": "paragraph",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "776cec4b-04d1-45ee-b5d2-2727a361e6ba",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.04,
        "w": 0.35,
        "x": 0.363,
        "y": 0.518
      },
      "kind": "paragraph",
      "text": "The net result attributable to shareholders of Deutsche Lufthansa AG in the reporting period came to EUR 1,093m (previous year: EUR 830m).",
      "attrs": null,
      "subkind": "paragraph",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "970f2f2f-0ee2-4577-9156-5674dc4e4f26",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.15,
        "w": 0.35,
        "x": 0.363,
        "y": 0.263
      },
      "kind": "paragraph",
      "text": "The income tax result amounted to EUR -350m (previous year: EUR -131m). At 24%, the effective tax ratio for continuing operations was only slightly below the expected tax rate of 25%. The resolved future corporation tax cut in Germany led to negative valuation effects for deferred taxes which were partly recognisable through profit or loss in tax expense. Tax-free income from investments and other income as well as positive outcomes of tax audits in Germany in particular reduced tax rates.",
      "attrs": null,
      "subkind": "paragraph",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "ae44a846-5541-4428-ac36-03ccfcf74d44",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.25,
        "w": 0.35,
        "x": 0.077,
        "y": 0.144
      },
      "kind": "paragraph",
      "text": "In the Passenger Airlines business segment, Adjusted EBIT improved by 11% in the reporting period to EUR 914m (previous year: EUR 825m). In the third quarter of 2025 alone, the Passenger Airlines achieved an Adjusted EBIT of EUR 1,158m (previous year: EUR 1,162m). Adjusted EBIT in the Logistics business segment increased by 254% in the reporting period to EUR 184m (previous year: EUR 52m). In the MRO business segment, Adjusted EBIT of EUR 440m in the reporting period was 6% lower than in the previous year (previous year: EUR 466m). The other Group companies, which under IFRS 8 do not require separate reporting, and the Group Functions reduced the Group's Adjusted EBIT by a total of EUR -30m (previous year: EUR -67m).",
      "attrs": null,
      "subkind": "paragraph",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "ccac988a-b5b2-4f1d-8ab9-4a5efe51be4a",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.08,
        "w": 0.35,
        "x": 0.077,
        "y": 0.585
      },
      "kind": "paragraph",
      "text": "Net interest improved to EUR -152m (previous year: EUR -209m) due to increased interest income, in particular on account of claims for refunds arising from tax audits, as well as lower interest expenses.",
      "attrs": null,
      "subkind": "paragraph",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "d348fd0c-9976-4a43-9255-1077c55fde2f",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.02,
        "w": 0.35,
        "x": 0.363,
        "y": 0.595
      },
      "kind": "paragraph",
      "text": "Earnings per share amounted to EUR 0.91 (previous year: EUR 0.69).",
      "attrs": null,
      "subkind": "paragraph",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "e78907ad-fc8a-4771-81f1-e7ab6581722a",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.013,
        "w": 0.144,
        "x": 0.077,
        "y": 0.068
      },
      "kind": "title",
      "text": "Financial performance",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "a0d0bfed-18ad-4f70-a1b5-3543e03b69fa",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [],
  "frameworks": [],
  "arcBeats": [
    {
      "to": 7,
      "from": 5,
      "beatId": "c7ba0280-d005-4099-bf2b-6ce5d90ac359",
      "arcName": "The Consultant's Gambit",
      "arcSlug": "consultants-gambit",
      "beatName": "Problem & Complication",
      "beatSlug": "consultants-gambit-problem-complication",
      "evidence": "The financial performance section highlights the company's challenges and complications.",
      "position": 1,
      "confidence": 0.8,
      "parentBeatName": "Complication",
      "parentBeatSlug": "complication"
    }
  ],
  "loops": [],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}