Brief: MTU Aero Engines Gives New Sales and Profit Guidance

Dole

30/07/2021 07:06

July 30 (Reuters) - Mtu Aero Engines AG  MTXGn.DE :
    * SAYS NEW REVENUE TARGET BETWEEN €4.3 AND €4.5 BILLION
    * SAYS ADJUSTED EBIT MARGIN EXPECTED TO BE BETWEEN 10% AND
10.5%
    * SAYS CCR EXPECTED TO BE IN THE MID TO HIGH DOUBLE-DIGIT
PERCENTAGE RANGE
    * SAYS IN THE FIRST SIX MONTHS OF 2021, MTU AERO ENGINES AG
GENERATED REVENUE OF €2,004 MILLION
    * SAYS  OPERATING PROFIT WAS €190 MILLION (1-6/2020: €224
MILLION)
    * SAYS H1 ADJUSTED EBIT MARGIN WAS 9.5%
    * SAYS NET INCOME DEVELOPED IN LINE WITH OPERATING PROFIT
AND WAS
€135 MILLION, COMPARED WITH €161 MILLION IN THE PRIOR-YEAR
PERIOD
    * SAYS ORDER BACKLOG AT THE END OF THE FIRST SIX MONTHS WAS
€20.5
BILLION, AN INCREASE OF 10% COMPARED WITH YEAR-END 2020

Further company coverage:  MTXGn.DE 

 (Reporting By Berlin Newsroom)
 ((berlin.newsroom@thomsonreuters.com;))