0957 GMT - Deutsche Lufthansa encourages with its adjusted earnings outlook for this year, Davy Research analysts Stephen Furlong and Ava Costello say in a research note. After the company's performance improved in the second half, the German carrier group says that it expects its adjusted EBIT for 2025 to be significantly higher than the 1.645 billion euros it achieved last year. The result was slightly ahead of consensus expectations of 1.585 billion euros. The estimate comes as the company says it expects its turnaround plan to contribute 2.5 billion euros in gross profit by 2028. "Further execution of the turnaround programme should be a turning point for the group," the analysts say. Shares trade 6.3% higher to 7.64 euros.(pierre.bertrand@wsj.com)
(END) Dow Jones Newswires
March 06, 2025 04:57 ET (09:57 GMT)
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