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

LUFTHANSA GROUP AG

(LHA)
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Real-time Quote. Real-time Tradegate - 11/13 01:29:55 pm
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Lufthansa : cabin crew union calls for Sunday strike in Frankfurt, Munich

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10/14/2019 | 09:06am EST
Deutsche Lufthansa sign is seen in front of the airport terminal at Cairo International Airport in Cairo

BERLIN (Reuters) - German flight attendants' union UFO is calling for a five-hour strike on Sunday at German flag carrier Lufthansa, UFO said on Monday, in an escalating row over workers' pay.

Flight attendants and pursers at Lufthansa's largest hubs, Frankfurt and Munich, have been called upon to take part in the walkout, which is scheduled from 0600 to 1100 CEST (0400-0900 GMT), UFO deputy chief Daniel Flohr said in a video message https://www.youtube.com/watch?v=XrSfguFYw9c&feature=youtu.be released on YouTube.

Lufthansa called the planned strike illegal and said it would try to offer its full flight schedule.

Germany's biggest airline, which warned on profits earlier this year, is cutting costs to cope with tough price competition and high fuel prices in a sector which has seen a string of smaller airlines go bust.

UFO's Flohr said additional calls for strikes at the group's five airlines were possible at any time and the union would discuss unlimited walkouts next week.

He said UFO was demanding from Lufthansa's namesake airline a 1.8% pay increase over a half-year period.

At other airlines of the German group, the union is in conflict over issues including pay as well as part-time work and pension plans, Flohr said.

(Reporting by Thomas Seythal; additional reporting by Ilona Wissenbach in Frankfurt; editing by Tom Sims and Louise Heavens)

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Financials (EUR)
Sales 2019 36 541 M
EBIT 2019 2 078 M
Net income 2019 1 216 M
Debt 2019 5 359 M
Yield 2019 4,37%
P/E ratio 2019 6,48x
P/E ratio 2020 5,22x
EV / Sales2019 0,37x
EV / Sales2020 0,42x
Capitalization 8 254 M
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Technical analysis trends LUFTHANSA GROUP AG
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Mean consensus HOLD
Number of Analysts 22
Average target price 16,07  €
Last Close Price 17,26  €
Spread / Highest target 15,9%
Spread / Average Target -6,87%
Spread / Lowest Target -29,3%
EPS Revisions
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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