27-Oct-2015 9:02 AM
MTU Aero Engines forecasts 'record year' on currency tailwinds
MTU Aero Engines CEO Reiner Winkler reaffirmed (29-Oct-2015) the company's full-year 2015 outlook, commenting that the "favourable" US dollar to Euro exchange rate "again acted as a tailwind" for revenues and our earnings over the first nine months of the year. According to Mr Winkler 2015 "is likely to be yet another record-breaking year for MTU." Full year outlook:
- Revenue: EUR4600 million, +17.4% year-on-year;
- Adjusted EBIT: EUR430 million, +12.4%;
- Earnings after tax: EUR295 million, +16.5%. [more - original PR]