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MarketScreener Homepage  >  Equities  >  Xetra  >  Lufthansa Group AG    LHA   DE0008232125

LUFTHANSA GROUP AG

(LHA)
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Lufthansa : Supervisory Board gives go-ahead for sale of LSG Group's European business

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12/03/2019 | 07:38am EST

At its meeting today, the Supervisory Board of Deutsche Lufthansa AG approved the planned sale of the LSG Group's European business to gategroup. The contract will be finalized and signed in the coming days. Lufthansa Group and gategroup will then advise on the contents of the contract.

A possible sale is subject to approval by the antitrust authorities.

Disclaimer

Deutsche Lufthansa AG published this content on 03 December 2019 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 03 December 2019 12:37:02 UTC

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Financials (EUR)
Sales 2019 36 872 M
EBIT 2019 2 043 M
Net income 2019 1 235 M
Debt 2019 5 442 M
Yield 2019 4,79%
P/E ratio 2019 5,73x
P/E ratio 2020 4,68x
EV / Sales2019 0,35x
EV / Sales2020 0,38x
Capitalization 7 292 M
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Mean consensus HOLD
Number of Analysts 20
Average target price 17,22  €
Last Close Price 15,25  €
Spread / Highest target 37,7%
Spread / Average Target 12,9%
Spread / Lowest Target -16,7%
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Managers
NameTitle
Carsten Spohr Chairman-Executive Board & CEO
Karl-Ludwig Kley Chairman-Supervisory Board
Ulrik Svensson Chief Financial Officer
Roland Schütze Chief Information Officer
Matthias Wissmann Member-Supervisory Board
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