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Pratt & Whitney engine blamed for India-based airline bankruptcy

MTU Aero Engines (ETR:MTX) Shares Down 0 5%

MTU Aero Engines AG (ETR:MTX – Get Rating)’s share price dropped 0.5% during trading on Tuesday . The company traded as low as €242.60 ($269.56) and last traded at €243.30 ($270.33). Approximately 67,722 shares traded hands during mid-day trading, a decline of 62% from the average daily volume of 178,994 shares. The stock had previously […]

MTU Aero Engines Q1 Net Income Rises, Revenue Up 31%; Confirms 2023 Guidance

MTU Aero Engines AG (MTUAY.PK) reported that its first-quarter net income increased to 134 million euros from 53 million euros, prior year. Basic earnings per share was 2.

MTU Aero Engines Says Preliminary Q1 Results Exceed Market Expectations

MTU Aero Engines AG reported revenues and earnings in the first quarter of 2023 that were well above market expectations. The company maintained its full-year forecast.

DAX Rallies Amidst Strong Earnings, Growth

The DAX benchmark of the Frankfurt bourse moved higher on Tuesday amidst upbeat earnings updates that added to the positive sentiment generated by strong growth numbers from China.

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