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Deutsche Lufthansa AG (LHA.DE)
| Previous close | 6.39 |
| Open | 6.38 |
| Bid | 6.33 x 948200 |
| Ask | 6.33 x 1900800 |
| Day's range | 6.30 - 6.45 |
| 52-week range | 6.30 - 9.93 |
| Volume | |
| Avg. volume | 5,611,247 |
| Market cap | 7.543B |
| Beta (5Y monthly) | 1.52 |
| PE ratio (TTM) | 3.92 |
| EPS (TTM) | N/A |
| Earnings date | N/A |
| Forward dividend & yield | 0.30 (4.69%) |
| Ex-dividend date | 08 May 2024 |
| 1y target est | N/A |
- Reuters
Lufthansa's new ITA remedies not too different from earlier, sources say
Lufthansa's new remedies on its ITA Airways stake buy are not markedly different from an earlier package rejected by EU antitrust regulators which have also discounted Ryanair as a rival in its scrutiny of the deal, people familiar with the matter said. The airline sector has seen a slew of acquisitions in recent months, with the Lufthansa deal and British Airways owner IAG's bid to buy out Spain's Air Europa the most high-profile ones. Lufthansa submitted its latest remedies to the European Commission last Thursday, three months after its first offer was dismissed as insufficient.
- The Telegraph
Britishvolt’s gigafactory site sold off in electric car blow
US private equity investors have bought the site of what had been hoped would become Britain’s first electric car battery gigafactory in a blow to Britain’s net zero ambitions.
- Reuters
Lufthansa slashes 2024 outlook, citing strikes and capacity snags
BERLIN (Reuters) -Lufthansa slashed its 2024 earnings outlook on Monday, blaming a series of strikes and a slower than planned ramp-up of capacity, in a profit warning that sent its share price sliding by more than 4% to a five-month low. The German flag carrier now expects adjusted earnings before interest and taxes (EBIT) of 2.2 billion euros ($2.3 billion) this year, it said in a statement, versus a previous forecast for stable earnings compared with its 2.68 billion euro adjusted EBIT result in 2023. Adjusted free cash flow in 2024 is expected to be at least 1 billion euros, down from the previous forecast of at least 1.5 billion, it added.
