MTU Aero Engines: Increasing FVE on Higher Growth Assumptions for Spare Parts and Military Engines
MTU reported EUR 3.3 billion in gross debt and EUR 1.75 billion in cash. The gross debt/adjusted EBITDA ratio in 2024 was 1.1 times (it improved from 2.7 times in 2020). We expect further deleveraging ...
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MTU changes course on SWITCH project as WET concept proves a damp squib
Germany's MTU Aero Engines is to adapt its contribution to the EU Clean Aviation-funded SWITCH project to focus on ...