Lilium Sees H1 2024 Adj. Cash Spend €170M-€180M
Portfolio Pulse from Benzinga Newsdesk
Lilium projects its adjusted cash spend for the first half of 2024 to be between €170 million and €180 million.

February 27, 2024 | 12:53 pm
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NEGATIVE IMPACT
Lilium anticipates its adjusted cash spend for H1 2024 to be in the range of €170M-€180M.
The projected increase in cash spend could indicate significant investments or operational costs, potentially leading to concerns about cash burn rates and financial sustainability in the short term. This may influence investor sentiment negatively.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100