Deutsche Lufthansa AG (OTCPK:DLAKY)
$ 7.3798 0.1286 (1.77%) Market Cap: 8.83 Bil Enterprise Value: 14.77 Bil PE Ratio: 6.23 PB Ratio: 0.85 GF Score: 69/100

Deutsche Lufthansa AG Announces Medium-Term Targets and Makes Preparations for a Capital Increase Call Transcript

Jun 15, 2021 / 07:00AM GMT
Release Date Price: $12.72 (-2.19%)
Dennis Weber
Deutsche Lufthansa AG - Head of IR

Good morning, everyone. Thanks for making the time to join our conference call today.

Here with me are Lufthansa Group CEO Carsten Spohr and CFO Remco Steenbergen. Together, we look forward to discussing our medium-term plans, our financial targets for 2024 and our measures to return to a strong balance sheet.

You will find our press release and our presentation, which we published last night and which Carsten and Remco will be referring to in their prepared remarks, in the Investor Relations section of lufthansagroup.com.

Over to you, Carsten.

Carsten Spohr
Deutsche Lufthansa AG - Chairman of the Executive Board & CEO

Yes. Thank you, Dennis. And good morning, ladies and gentlemen. Thanks for joining our call on quite some short notice, but obviously you understand why that was necessary.

It's really only a few weeks ago when we spoke last time. It was the end of April. And you might recall that we found ourselves in the middle of the third wave those days, increasing

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