Report
Olfa Taamallah ...
  • Yan Derocles

Lufthansa : Progress (finally tangible at Eurowings) but requiring confirmation

>Solid Q3 figures marked by improvement in yields at Eurowings - Lufthansa has reported a solid set of Q3 2019 figures with adjusted EBIT of € 1,297m, 6% higher than the consensus (ODDO BHF: € 1,163m, consensus: € 1,223m). While Network’s margins are in line with our forecasts thanks to engine maintenance costs returning to normal and disruption abating, Eurowings succeeded in posting surprising unit revenues, up 3.5%, driven by a sequential improvement in yields in t...
Underlying
DEUTSCHE LUFTHANSA AKTIENGESELLSCHAFT

Deutsche Lufthansa is an aviation group based in Germany. Co. maintains global operations and a total of more than 500 subsidiaries and associated companies. Co. operates in five major business segments: scheduled passenger air traffic ("Passenger Airline Group"); scheduled airfreight services ("Logistics"); maintenance, repair and overhaul ("MRO"); information technology ("IT Services") and catering ("Catering").

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Olfa Taamallah

Yan Derocles

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