MTU Aero Engines raises yearly earnings guidance

Based on preliminary figures – for the first nine months of the year – MTU Aero Engines is raising its guidance for the financial year, with the company forecasting an adjusted EBIT of slightly over €1 billion ($1.09 billion). MTU expected an adjusted EBIT of between €0.95 ($1.03 billion) and €0.98 billion ($1.06 billion). “This adjustment is based on strong development in all business areas in a continually challenging market environment,” said the company. In the first nine months of 2024, MTU preliminarily generated an adjusted revenue of €5.29 billion ($5.76 billion), of which €1.79 billion ($1.95 billion) came from