MTU Aero Engines rises on solid Q1 profit

MTU Aero Engines AG

30/04/2026 11:33

** Shares in MTU Aero Engines MTXGn.DE are up 2% after it reported on Thursday a Q1 operating profit above expectations

** The German aircraft engine maker posted quarterly adjusted EBIT of 320 million euros ($374.21 million), 3% ahead of a company-provided consensus average

** "Adj. EBIT performance was surprisingly strong in Q1 26 given headwinds from FX and the absence of the cap gain booked in Q1 25," JPMorgan says

** JPMorgan notes that free cash flow, a major concern for investors in the previous quarter, was much better than expected, after the co received a high dividend payment from its investments

** RBC Europe says cash generation should also inflect over 2026-27 as impacts from partner Pratt & Whitney's GTF engine recall reduce

** The stock is among the top gainers on Germany’s blue-chip DAX .GDAXI

($1 = 0.8551 euros)

(Reporting by Emanuele Berro)

((emanuele.berro@thomsonreuters.com))