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MarketScreener Homepage  >  Equities  >  London Stock Exchange  >  International Consolidated Airlines Group, SA    IAG   ES0177542018

INTERNATIONAL CONSOLIDATED AIRLINES GROU

(IAG)
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International Consolidated Airlines : British Airways CFO to take over as IAG finance chief

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04/15/2019 | 05:57am EDT
FILE PHOTO: British Airways logos are seen on tail fins at Heathrow Airport in west London

(Reuters) - IAG said on Monday British Airways' finance chief Steve Gunning will replace company veteran and chief financial officer Enrique Dupuy de Lôme, who steps down after more than eight years in the role.

Gunning, who joined British Airways in 1998 and has been its CFO since January 2016, will take over from de Lôme at IAG's annual general meeting in June, the company said.

"After eight years as CFO of IAG and prior to that, 20 years as CFO of Iberia, I believe now is the right time for me to leave IAG," de Lôme said.

IAG did not immediately respond to a request for comment on the reason for de Lome's departure.

Gunning takes the role as the airline industry braces for a potential hit from Britain's impending exit from the European Union.

Shares of IAG jumped to session highs after the announcement and were last up 1.1 percent at 548.4 pence on London's main index.

(Reporting by Shashwat Awasthi and Noor Zainab Hussain in Bengaluru; Editing by Bernard Orr)

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Financials (EUR)
Sales 2019 25 794 M
EBIT 2019 3 272 M
Net income 2019 2 226 M
Debt 2019 6 518 M
Yield 2019 6,10%
P/E ratio 2019 4,65x
P/E ratio 2020 4,44x
EV / Sales2019 0,64x
EV / Sales2020 0,59x
Capitalization 9 955 M
Chart INTERNATIONAL CONSOLIDATED AIRLINES GROUP, SA
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International Consolidated Airlines Group, SA Technical Analysis Chart | MarketScreener
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Technical analysis trends INTERNATIONAL CONSOLIDATED
Short TermMid-TermLong Term
TrendsNeutralBearishBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 16
Average target price 7,80  €
Last Close Price 5,02  €
Spread / Highest target 131%
Spread / Average Target 55,5%
Spread / Lowest Target -11,4%
EPS Revisions
Managers
NameTitle
William Matthew Walsh Chief Executive Officer & Director
Antonio Vázquez Romero Chairman
Enrique Dupuy de Lôme Chávarri Group Chief Financial Officer & Executive Director
Patrick Jean-Pierre Cescau Senior Independent Director
Kieran C. Poynter Independent Non-Executive Director
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