Munich-based aircraft engine manufacturer MTU Aero Engines saw its stock climb 1.7 percent to €318.20 on Friday, fueled by an optimistic business forecast for the upcoming year. The company projects a substantial revenue increase to between €8.3 and €8.5 billion for 2025, with civilian aircraft business expected to demonstrate particularly strong growth in the mid-double-digit percentage range. The adjusted opeRating profit is also anticipated to show significant improvement, contributing to increased investor confidence. For 2024, the company maintains its current targets, with adjusted EBIT projected to exceed the billion-euro threshold for the first time.
Dividend Increase Announced
In a move that further bolsters investor sentiment, MTU Aero Engines plans to raise its dividend by ten percent to €2.20 per share for the current fiscal year. The stock is now approaching its 52-week high of €327.20, achieved in mid-November. Looking ahead to 2025, the company expects to generate free cash flow in the low three-digit million range, though this figure continues to be influenced by the geared turbofan fleet management plan.
Ad
MTU Aero Engines Stock: New Analysis – 30 November
Fresh MTU Aero Engines information released. What’s the impact for investors? Our latest independent report examines recent figures and market trends.
Read our updated MTU Aero Engines analysis…
Munich-based aircraft engine manufacturer MTU Aero Engines saw its stock climb 1.7 percent to €318.20 on Friday, fueled by an optimistic business forecast for the upcoming year. The company projects a substantial revenue increase to between €8.3 and €8.5 billion for 2025, with civilian aircraft business expected to demonstrate particularly strong growth in the mid-double-digit percentage range. The adjusted opeRating profit is also anticipated to show significant improvement, contributing to increased investor confidence. For 2024, the company maintains its current targets, with adjusted EBIT projected to exceed the billion-euro threshold for the first time.
Dividend Increase Announced
In a move that further bolsters investor sentiment, MTU Aero Engines plans to raise its dividend by ten percent to €2.20 per share for the current fiscal year. The stock is now approaching its 52-week high of €327.20, achieved in mid-November. Looking ahead to 2025, the company expects to generate free cash flow in the low three-digit million range, though this figure continues to be influenced by the geared turbofan fleet management plan.
Ad
Fresh MTU Aero Engines information released. What’s the impact for investors? Our latest independent report examines recent figures and market trends.