MTX.DE Raises Revenue Outlook for 2025 on Favorable Currency Exchange
MTU Aero Engines (MTX.DE) has revised its revenue forecast for 2025 upward, citing a more favorable assumed exchange rate of the euro (EUR) against the US dollar (USD).
The company, a supplier to Airbus and Boeing, now expects revenue to fall within a range of €8.7 billion to €8.9 billion ($9.10 billion to $9.31 billion) in 2025. This represents an increase from its previous guidance of €8.3 billion to €8.5 billion.
The revised outlook is based on MTU Aero Engines' assumption of an exchange rate of 1 EUR = $0.9564.