Deutsche Lufthansa Says Lufthansa Group Adjusts FY Outlook, Makes Provision For Tax Risk [Reuters]
DEUTSCHE LUFTHANSA S/ADR (DLAKY)
NASDAQ:AMEX Investor Relations:
investor-relations.lufthansagroup.com/en.html
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Source: Reuters
Deutsche Lufthansa AG (DLAKY.PK) Key Developments | Reuters.com June 16 (Reuters) - Deutsche Lufthansa AG ::DGAP-ADHOC: DEUTSCHE LUFTHANSA AG: LUFTHANSA GROUP ADJUSTS ITS FULL YEAR OUTLOOK AND MAKES PROVISION FOR A TAX RISK.NETWORK AIRLINES ARE NOW EXPECTED TO REACH AN ADJUSTED EBIT MARGIN BETWEEN 7 AND 9 PERCENT IN 2019.FOR EUROWINGS, GROUP PROJECTS AN FY ADJUSTED EBIT MARGIN BETWEEN -4 AND -6 PERCENT.GROUP'S ADJUSTED EBIT MARGIN IS FORECASTED TO REACH 5.5 TO 6.5 PERCENT FOR FY.SEES GROUP'S FY ADJUSTED EBIT AMOUNTING TO BETWEEN EUR 2.0 BILLION AND 2.4 BILLION IN 2019.IN ITS FINANCIAL ACCOUNTS FOR H1 2019, GROUP WILL ALSO MAKE A PROVISION FOR A TAX RISK IN AN AMOUNT OF EUR 340 MILLION. Reuters, the news and media division of Thomson Reuters , is the world’s largest international multimedia news provider reaching more than one billion people every day. Reuters provides trusted business, financial, national, and international news to professionals via Thomson Reuters desktops, the world
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