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

LUFTHANSA GROUP AG

(LHA)
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Lufthansa : boss sees no 'Greta effect' as passenger numbers show rise

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07/15/2019 | 01:13am EDT

GERMAN airline Lufthansa expects passenger numbers to rise about four per cent this year, its chief executive said yesterday, playing down talk that public support for teenage climate activist Greta Thunberg might be curbing air travel.

"At this time, we don't see restraint - in fact, the opposite," Carsten Spohr told the NZZ Am Sonntag newspaper.

"In comparison to last year, already a record year, we're expecting passenger growth of about four per cent, [Lufthansa unit] Swiss International Air Lines is also showing growth. The discussion of climate change is not leading to restraint with bookings. People want to fly."

Media reports have suggested a "Greta effect" might curb demand for air travel, referring to the 16-year-old Swede, who has gained global attention for her efforts to convince people to reduce carbon-emitting activities.

Over the weekend a group of about 80 protesters staged a "flight strike" at Zurich Airport near the facilities of Swiss International Air Lines, singing songs, handing out leaflets, and encouraging people to pledge not to fly in 2020.

Reuters

(c) 2019 City A.M., source Newspaper

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Financials (EUR)
Sales 2019 36 439 M
EBIT 2019 2 047 M
Net income 2019 1 159 M
Debt 2019 5 563 M
Yield 2019 5,46%
P/E ratio 2019 5,47x
P/E ratio 2020 3,84x
EV / Sales2019 0,33x
EV / Sales2020 0,33x
Capitalization 6 287 M
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Technical analysis trends LUFTHANSA GROUP AG
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Income Statement Evolution
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Mean consensus HOLD
Number of Analysts 23
Average target price 16,78  €
Last Close Price 13,33  €
Spread / Highest target 80,1%
Spread / Average Target 25,9%
Spread / Lowest Target 5,07%
EPS Revisions
Managers
NameTitle
Carsten Spohr Chief Executive Officer
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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