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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]

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