Reported 2 days ago
MTU Aero Engines, the German engine manufacturer, has raised its 2025 revenue outlook after exceeding market expectations for 2024, attributing the increase to a stronger U.S. dollar. The company now anticipates revenue between 8.7 billion and 8.9 billion euros, up from a prior estimate of 8.3 billion to 8.5 billion euros. With the revised exchange rate assumption favoring the dollar, MTU expects all business segments to contribute to growth.
Source: YAHOO