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Mar 7 2024, 07:30 GMT
Lufthansa
FY23 in line; dividend announced of 30c
DAVY VIEW
Lufthansa has reported a FY23 adjusted EBIT of €2,682m, in line with consensus and ahead of the ‘>2.6bn’ guide. The group expects earnings in FY24 to remain stable year-on-year (yoy); unit revenues are expected to be stable to slightly down yoy and unit costs are expected to be stable. The group will propose the payment of a 30c dividend per share to shareholders in May.
