MTU posted a mixed set of Q2 results with EBIT missing expectations. New 2020 targets make us comfortable in terms of revenues and FCF, while our group margin assumption is too high. We remain cautious on the stock.
03 Aug 2020
EBIT miss on spare parts decline
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
EBIT miss on spare parts decline
MTU Aero Engines AG (MTX:WBO) | 0 0 1.5% | Mkt Cap: 7,301m
- Published:
03 Aug 2020 -
Author:
Luis Pereira -
Pages:
3
MTU posted a mixed set of Q2 results with EBIT missing expectations. New 2020 targets make us comfortable in terms of revenues and FCF, while our group margin assumption is too high. We remain cautious on the stock.