Air France-KLM Earnings, Profitability Set to Take Off -- Market Talk

Dow Jones09-25

1140 GMT - Air France-KLM looks set to record improvements in its earnings and profitability, JPMorgan analysts Harry J Gowers and Alexia Dogani say in a research note, upgrading their rating on the Franco-Dutch carrier to overweight from underweight. Underlying bookings and pricing appear to be more resilient than previously thought and the airline's winter capacity growth is the lowest among other network carriers, the analysts say. They add that around 600 million euros in one-off disruptions to earnings this year are not likely to repeat in 2025, and JPMorgan forecasts the company's EBIT margin next year at 6.3%, higher than what it was in 2023. The analysts forecast flat unit revenues for 2025, which they say may be conservative as the weight of the Olympics on travel to Paris wanes. Shares trade 7.6% higher at 9.05 euros.(pierre.bertrand@wsj.com)

(END) Dow Jones Newswires

September 25, 2024 07:41 ET (11:41 GMT)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2470531542?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-09-25 19:41","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2470531542","market":"hk","top_or_hot":-1,"title":"Air France-KLM Earnings, Profitability Set to Take Off -- Market Talk","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     1140 GMT - Air France-KLM looks set to record improvements in its earnings and profitability, JPMorgan analysts Harry J Gowers and Alexia Dogani say in a research note, upgrading their rating on the Franco-Dutch carrier to overweight from underweight. Underlying bookings and pricing appear to be more resilient than previously thought and the airline's winter capacity growth is the lowest among other network carriers, the analysts say. They add that around 600 million euros in one-off disruptions to earnings this year are not likely to repeat in 2025, and JPMorgan forecasts the company's EBIT margin next year at 6.3%, higher than what it was in 2023. The analysts forecast flat unit revenues for 2025, which they say may be conservative as the weight of the Olympics on travel to Paris wanes. Shares trade 7.6% higher at 9.05 euros.(pierre.bertrand@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  September 25, 2024 07:41 ET (11:41 GMT)\n</p>\n<p>\n  Copyright (c) 2024 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Air France-KLM Earnings, Profitability Set to Take Off -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAir France-KLM Earnings, Profitability Set to Take Off -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-09-25 19:41 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://dowjonesnews.com/newdjn/logon.aspx?AL=N><strong>Dow Jones</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>1140 GMT - Air France-KLM looks set to record improvements in its earnings and profitability, JPMorgan analysts Harry J Gowers and Alexia Dogani say in a research note, upgrading their rating on the ...</p>\n\n<a href=\"https://dowjonesnews.com/newdjn/logon.aspx?AL=N\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"AFLYY","symbol_name":"Air France-KLM","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2470531542","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2470531542","pubTimestamp":1727264460,"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"1140 GMT - Air France-KLM looks set to record improvements in its earnings and profitability, JPMorgan analysts Harry J Gowers and Alexia Dogani say in a research note, upgrading their rating on the Franco-Dutch carrier to overweight from underweight. Underlying bookings and pricing appear to be more resilient than previously thought and the airline's winter capacity growth is the lowest among other network carriers, the analysts say. They add that around 600 million euros in one-off disruptions to earnings this year are not likely to repeat in 2025, and JPMorgan forecasts the company's EBIT margin next year at 6.3%, higher than what it was in 2023. The analysts forecast flat unit revenues for 2025, which they say may be conservative as the weight of the Olympics on travel to Paris wanes. Shares trade 7.6% higher at 9.05 euros.","collect":0,"end_time":0,"defaultTopTitle":"","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"AFLYY":"Air France-KLM"},"translate_title":"法航荷航盈利、盈利能力将腾飞——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"AFLYY":0.9},"content_text":"1140 GMT - Air France-KLM looks set to record improvements in its earnings and profitability, JPMorgan analysts Harry J Gowers and Alexia Dogani say in a research note, upgrading their rating on the Franco-Dutch carrier to overweight from underweight. Underlying bookings and pricing appear to be more resilient than previously thought and the airline's winter capacity growth is the lowest among other network carriers, the analysts say. They add that around 600 million euros in one-off disruptions to earnings this year are not likely to repeat in 2025, and JPMorgan forecasts the company's EBIT margin next year at 6.3%, higher than what it was in 2023. The analysts forecast flat unit revenues for 2025, which they say may be conservative as the weight of the Olympics on travel to Paris wanes. Shares trade 7.6% higher at 9.05 euros.(pierre.bertrand@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  September 25, 2024 07:41 ET (11:41 GMT)\n\n\n  Copyright (c) 2024 Dow Jones & Company, Inc.","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.1","shortVersion":"4.29.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2470531542"}