Deutsche Lufthansa (LHA) AGM 2025 summary

Opening remarks and agenda

• The 77th Annual General Meeting was officially opened and shareholders were welcomed.

• The meeting is being streamed online, with the CEO's speech available to the public.

• The agenda includes nine items, starting with the presentation of the 2024 financial statement and current situation.

• Shareholders' rights to speak, submit proposals, and vote are facilitated via the online service due to the virtual format.

Financial performance review

• Revenue grew by 6% in 2024 to a record EUR 37.6 billion, with over 130 million passengers served.

• Operational income for 2024 was EUR 1.6 billion, though this was below the previous year.

• Lufthansa Airlines posted a loss of EUR 94 million, while other group airlines and divisions achieved strong or record results.

• Dividend of EUR 0.30 per share proposed, maintaining last year's level, with a yield of nearly 5%.

• First quarter of 2025 saw 10% revenue growth and improved operational performance.

Board and executive committee updates

• The Management Board has a new composition since last summer, with several new members joining.

• Most of the Executive and Supervisory Boards are present, with a few exceptions due to urgent appointments.