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CAPITAL GOODS: MTU Aero Engines (MTXGR Baa3[P]/NR/BBB): FY25 Guidance

CAPITAL GOODS

Not market moving.

  • MTU has released FY25 guidance. It sees revenue of €8.3-8.5bn, 2% of consensus at midpoint. Divisional guidance is all close to expectations.
  • It’s guiding adj. EBIT up low-to-mid teens, with consensus +14%. That appears to imply some mild margin pressure.
  • FCF is seen in the low triple digit millions, with consensus at €306mn.
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Not market moving.

  • MTU has released FY25 guidance. It sees revenue of €8.3-8.5bn, 2% of consensus at midpoint. Divisional guidance is all close to expectations.
  • It’s guiding adj. EBIT up low-to-mid teens, with consensus +14%. That appears to imply some mild margin pressure.
  • FCF is seen in the low triple digit millions, with consensus at €306mn.