Previous close | 164.30 |
Open | 164.90 |
Bid | 167.50 x 50000 |
Ask | 168.20 x 50000 |
Day's range | 164.90 - 168.30 |
52-week range | 151.75 - 244.90 |
Volume | |
Avg. volume | 719 |
Market cap | 9.037B |
Beta (5Y monthly) | 1.49 |
PE ratio (TTM) | 19.73 |
EPS (TTM) | N/A |
Earnings date | N/A |
Forward dividend & yield | 3.20 (1.97%) |
Ex-dividend date | 12 May 2023 |
1y target est | N/A |
MTU Aero Engines AG ( ETR:MTX ), is not the largest company out there, but it received a lot of attention from a...
MTU Aero Engines will talk to U.S. partner Pratt & Whitney about compensation for an estimated 700 million euro hit to its cash flow caused by problems with its partner's geared turbofan engines, the German aircraft engine maker's chief financial officer said on Wednesday. The problems would not markedly affect the current year but will result in a hit to cash flow of about 700 million euros ($751.45 million), which will be felt mainly in 2024 and 2025, with some spillover in 2026, according to CFO Peter Kameritsch. Kameritsch added that MTU, which issued a profit warning on Monday that sent its shares sharply lower, had launched an internal programme to streamline capital expenditures and other costs.
(Bloomberg) -- MTU Aero Engines AG has lost $3.6 billion in market value on worries that the engines it manufactures with US firm Pratt & Whitney contain flawed components made from contaminated metal powder.Most Read from BloombergApple iPhone 15 Event Will Tout Enhanced Camera, Titanium FinishTrudeau Is Stuck in India With Faulty Aircraft After Hearing Criticism From ModiThe Mighty American Consumer Is About to Hit a Wall, Investors SayApple to Sell Made-in-India iPhones on Launch Day for Firs