MTU’s Q4 results were in line with expectations. The 2020 guidance, which does not include any impact from the Coronavirus, remains also in line with the one delivered by the company last November as part of its Capital Markets Day. Both confidence and visibility remain for 2020 and beyond. MTU remains a quality stock and any weakness in the share price is a Buy opportunity for long-term investors.
20 Feb 2020
Release in line with expectations
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Release in line with expectations
MTU Aero Engines AG (MTX:WBO) | 0 0 1.5% | Mkt Cap: 7,301m
- Published:
20 Feb 2020 -
Author:
Luis Pereira -
Pages:
3
MTU’s Q4 results were in line with expectations. The 2020 guidance, which does not include any impact from the Coronavirus, remains also in line with the one delivered by the company last November as part of its Capital Markets Day. Both confidence and visibility remain for 2020 and beyond. MTU remains a quality stock and any weakness in the share price is a Buy opportunity for long-term investors.