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MTUAF - MTU Aero Engines Can Fly Out Of Turbofan Crisis
Mtu Aero Engines Hldgs Ag
2024-04-23 22:41:51 ET
Summary
MTU Aero Engines has been affected by the metal powder issues with the Pratt & Whitney GTF, impacting its financial results in 2023 and future cash flow performance.
Adjusted figures show promising growth in revenues and income for MTU Aero Engines.
The company expects organic revenue growth in 2024, driven by military and commercial OEM sales, but free cash flow may be pressured due to customer credits for the GTF engine issues.