FRANKFURT (dpa-AFX) - Following Lufthansa's second profit warning on Friday, investors continue to struggle with the shares at the beginning of the week. After the shares of the crane line had even closed up before the weekend after a temporary slide to a low since 2022, they fell again somewhat in the morning. But even now, after a good 3 percent discount, buyers were found again to stem the decline.

The profit warning was anything but a surprise for the market. Nevertheless, some experts have since cut their estimates further. Analyst Johannes Braun from the investment bank Stiefel advised to sell, after the experts at DZ Bank and LBBW had already withdrawn their recommendations on Friday.

Braun does not see buying after the bad news has finally come out as an effective means. The warning was issued on the basis of glaring weakness in the second half of the year, and not just because of the second quarter, he clarified. "Lufthansa's problems are complex," said Braun. He cites a lot of inefficient capacity increases despite weak average yields per available seat with a relatively unfavorable cost structure. Massively declining profit estimates for the current and coming year are the result./ag/jha/