MTU Aero ( (MTUAY) ) has released its Q4 earnings. Here is a breakdown of the information MTU Aero presented to its investors.
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MTU Aero Engines AG, a leading company in the aerospace sector, specializes in the development, production, and maintenance of both commercial and military aircraft engines. Operating globally, MTU Aero Engines is known for its high-tech expertise and plays a crucial role in powering one in three commercial aircraft worldwide.
MTU Aero Engines AG achieved record-breaking financial results in 2024, with revenues reaching €7.5 billion, an 18% increase compared to the previous year. The company also reported an adjusted EBIT of €1,050 million, surpassing the one-billion-euro mark for the first time, and a net income of €764 million, marking a 29% rise from 2023.
Key financial highlights for MTU in 2024 include significant growth in the OEM and MRO segments, with the commercial maintenance business seeing a 20% increase in adjusted revenue. The company’s order backlog rose to €28.6 billion, indicating strong future demand. Additionally, MTU announced a proposed dividend of €2.20 per share, reflecting a 10% increase from last year.
Looking ahead to 2025, MTU Aero Engines anticipates continued revenue and earnings growth, with projected revenues between €8.7 billion and €8.9 billion and adjusted EBIT growth in the mid-teens percentage range. The company remains focused on managing cash flow and investing in future engine technologies to maintain its competitive edge.
MTU Aero Engines AG is poised to capitalize on the growing aviation market, supported by its robust financial performance and strategic investments in research and development, ensuring its continued influence in global aviation for years to come.
