Lufthansa outperforms
expectations in the third quarter, with a net result of 1.1
billion, down 8.1% from the same period last year but higher
than analysts' estimates of 779 million. Adjusted operating
profit fell 8.7% to 1.34 billion, exceeding expectations
(Bloomberg's consensus was 1.29 billion). In the quarter,
revenues increased by 4.5% to 10.74 billion, meeting
expectations, and the group transported 40 million passengers
(+6%). For the entire year, the German airline anticipates an
adjusted operating profit of between 1.4 and 1.8 billion euros.
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