MTU Aero Engines beats Q2 forecasts, raises 2026 cash flow outlook
MTU Aero Engines beats Q2 forecasts, raises 2026 cash flow outlook July 30 (Reuters) - German engine maker MTU Aero Engines MTXGn.DE beat second-quarter revenue and earnings forecasts on Thursday and raised its 2026 free cash flow outlook, as robust demand for geared turbofan (GTF) engine maintenance drove growth in its aftermarket business.
The earnings beat was driven largely by MTU's maintenance, repair and overhaul (MRO) division, where revenue rose to 1.75 billion euros ($2.00 billion), well above analysts' consensus of 1.48 billion euros, as GTF-related shop visits continued to fuel demand.
($1 = 0.8735 euros)
(Reporting by Maria Rugamer)
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