Aviotechnical Stocks in Focus: Airbus and MTU
The aviation industry has garnered significant attention in recent days, particularly due to the strong performances of Airbus and MTU in the DAX. Both companies have established themselves as leading players in the German index and are showing impressive stock developments.
Airbus
- Dividend Policy: Airbus has adjusted its dividend policy and plans to distribute 30 to 50 percent of its surplus as dividends moving forward. This represents an increase from the previous payout ratio of 30 to 40 percent. This announcement has encouraged shareholders and boosted stock prices by about 2.9 percent.
- Business Goals: CEO Guillaume Faury has confirmed the targets for the current year, including the delivery of about 820 commercial aircraft. By the end of May, Airbus had only reached about 30 percent of this target. The adjusted operating profit (adjusted EBIT) is expected to be around seven billion euros, and the free cash flow before customer financing is projected to be at 4.5 billion euros.
- Mid-term Plans: Airbus intends to increase profits in the helicopter, defense, and aerospace sectors in the coming years. The mid-term goals for these areas are slightly above expectations.
MTU
- Stock Development: MTU has achieved a new stock price record, making it one of the strongest stocks in the DAX. This was supported by two price target increases from Warburg and Kepler Cheuvreux, although the rating remained at ‘Hold.’
- Business Development: MTU benefits from robust demand in the civil aviation business as well as stable development in the maintenance segment. This makes MTU a good hold position for investors.
- Future Goals: MTU has set new goals for 2025 and 2030, indicating a positive outlook for the future.
Overall, Airbus and MTU show strong performance in the DAX, supported by strategic decisions and positive market developments. Both companies are key players in the aviation industry and attract investors looking to benefit from demand for aviation technology.