Lilium Group Reports Reduced Half-Year Losses

Lilium (LILM) has released an update.

Lilium Group’s financial performance for the first half of 2024 shows a reduction in net loss to €86,949 thousand from the previous year’s €385,492 thousand, alongside a significant decrease in total assets. The company’s operating loss also saw a decrease, but research and development expenses increased, indicating ongoing investment in innovation.

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