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News Digest / Lukas Schmidt

Author: Lukas Schmidt
06:16am, Wednesday, Jul 31, 2024
Lufthansa's Q2 Results: Revenue Up, Profits Down Amid Rising Costs and Cautious Outlook
Lufthansa Group (ETR: LHAG) reported disappointing Q2 results with an Adjusted EBIT of €686M, down from €1.1B last year, despite a 7% revenue increase to €10B. Rising operational costs and falling yields raise concerns for future profitability.
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