Deutsche Lufthansa AG
LHA: XETR (DEU)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| C.% | LOCK|?W& | LOCK|!%l%hd |
Lufthansa Earnings: Solid Set of Results; We Maintain Fair Value Despite Macroeconomic Volatility
No-moat Lufthansa reported a solid first-quarter performance, with group revenues rising 9.9% year-on-year to EUR 8.0 billion. Growth was supported by resilient passenger demand, a strong contribution from Lufthansa Technik, and a recovery in air cargo yields.
