MTU Aero Engines delivered surprisingly strong results in the first quarter of 2025. The adjusted revenue increased by about 25% to nearly 2.1 billion euros. The adjusted operating profit (EBIT) also rose, climbing 38% to 300 million euros, significantly exceeding analysts’ expectations.
Risks Despite Strong Start
Despite the strong start, the company warns of risks to its annual targets. The revenue forecast for 2025 has been lowered to 8.3–8.5 billion euros – a reduction of 400 million euros at both the upper and lower limits compared to previous targets, primarily due to the weaker US dollar. In addition, trade disputes, especially between the US and other countries, could impact results by a mid to high double-digit million euro amount.
Profit Forecast and Countermeasures
The management team remains committed to the original profit forecast. The adjusted EBIT is expected to increase by about 15% compared to the previous year (1.05 billion euros in 2024) – excluding customs impacts. To mitigate risks, MTU is currently reviewing countermeasures.
The detailed quarterly figures will be published on May 6, 2025, while analysts expect a profit of about 16 euros per share for the entire year.