MTU Aero Engines Forecasts Growth in All Segments, Proposes €2.00 Dividend for 2023

• MTU Aero Engines AG Executive Board proposes a dividend of €2.00 per share for the 2023 financial year.
• The company forecasts growth in all market segments.
• MTU faces high financial burdens from 2024 to 2026 due to the geared turbofan inspection program and investments in sites and next-generation products.
• These factors are expected to limit the possibility of paying dividends at the current level from 2024 to 2026.
• MTU expects revenue of between €7.3 and €7.5 billion in 2024, with an adjusted EBIT margin of over 12% and a free cash flow in the low three-digit million euro range.
• The company will publish its results for the 2023 financial year and details on its forecast for the 2024 financial year on February 29, 2024.

The next important date, Press release on the preliminary annual results for 2023, at MTU Aero Engines is on 29.02.2024.

The price of MTU Aero Engines at the time of the news was 222,80EUR and was down -0,18 % compared with the previous day.
12 minutes after the article was published, the price was 217,50EUR this corresponds to a minus of -2,38 % since publication.
At this time, the index DAX was at 17.119,00PKT (+0,29 %).

MTU Aero Engines

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+222,16 %

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ISIN:DE000A0D9PT0WKN:A0D9PT

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