Deutsche Lufthansa AG on Tuesday raised its earnings outlook for 2022 on robust demand from customers for air travel, and mentioned that its earnings efficiency in Oct and November exceeded expectations.
The German carrier
LHA,
explained it expects to be able to deliver altered earnings just before curiosity and taxes of all around 1.5 billion euros ($1.58 billion) in 2022, up from a earlier forecast of much more than EUR1 billion.
It claimed that its cargo division Lufthansa Cargo and its routine maintenance small business Lufthansa Technik are envisioned to reach history results in the present-day fiscal yr.
Shares rose 4.6% to EUR8.07 on the news.
Publish to Cecilia Butini at cecilia.butini@wsj.com
Deutsche Lufthansa AG on Tuesday raised its earnings outlook for 2022 on robust demand from customers for air travel, and mentioned that its earnings efficiency in Oct and November exceeded expectations.
The German carrier
LHA,
explained it expects to be able to deliver altered earnings just before curiosity and taxes of all around 1.5 billion euros ($1.58 billion) in 2022, up from a earlier forecast of much more than EUR1 billion.
It claimed that its cargo division Lufthansa Cargo and its routine maintenance small business Lufthansa Technik are envisioned to reach history results in the present-day fiscal yr.
Shares rose 4.6% to EUR8.07 on the news.
Publish to Cecilia Butini at cecilia.butini@wsj.com
