Hello my dears,
Crazy stock market world, I remain invested. A customs deal will bring new movement to the share.
Turnover and profit are clearly exceeding analysts' expectations. Outgoing CEO Lars Wagner believes the company is clearly on track. However, the share can only benefit slightly. The share had already performed extremely strongly in the run-up to the announcement.
Engine manufacturer MTU achieved significantly better results than expected in the second quarter. Compared to the same period last year, sales rose by 21 percent to just under 2.1 billion euros. The adjusted operating result (EBIT) even increased by 42 percent to 357 million euros. Both were thus above analysts' average forecasts.
Lars Wagner, who will soon be stepping down as CEO, believes that the company is well on track to achieve the annual targets that were raised in June. "These half-year results once again provide impressive proof of MTU's performance. We are thus clearly on course to achieve our raised targets for the year as a whole," summarizes Wagner.
For the current financial year, MTU is forecasting revenues of between 8.6 and 8.8 billion euros. Adjusted operating profit is expected to increase by a low to medium percentage in the 20s compared to the previous year and reach at least 1.26 billion euros. According to MTU, this forecast takes into account initial estimates of the effects of the US tariff policy. All in all, the company generated a net profit of 289 million euros in the second quarter - an increase of 78 percent compared to the previous year.
CONCLUSION
MTU shares are currently up 0.6 percent at 387.30 euros. In early trading, it even reached a new all-time high of 395.80 euros. Even if the share could take a short breather in the short term after the steep rise in recent weeks, THE SHAREHOLDER remains clearly confident in the medium and long term. Investors should stick with it.
MTU schlägt Prognosen – Aktie mit neuem Rekord - DER AKTIONÄR
