The group increased revenue by 13% to almost €17bn, while EBIT was up by 99% to €1.03bn and net earnings by 57% to €672m. Whereas the revenue number was only marginally higher than our forecast of €16.4bn, the profit numbers clearly exceeded our expectations.
02 Aug 2017
Most of the carrier’s H1 numbers were very good
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Most of the carrier’s H1 numbers were very good
Deutsche Lufthansa AG (LHA:WBO) | 0 0 (-0.3%) | Mkt Cap: 12,564m
- Published:
02 Aug 2017 -
Author:
Hans-Peter Wodniok -
Pages:
3
The group increased revenue by 13% to almost €17bn, while EBIT was up by 99% to €1.03bn and net earnings by 57% to €672m. Whereas the revenue number was only marginally higher than our forecast of €16.4bn, the profit numbers clearly exceeded our expectations.