(Reuters) -German engine manufacturer MTU Aero Engines said on Tuesday it expects revenues of between 8.6 billion and 8.8 billion euros ($10.18 billion) in 2025, citing high industry demand and a
MTU Aero Engines Upgrades Revenue Forecast for 2025 and Beyond
(Reuters) -German engine manufacturer MTU Aero Engines said on Tuesday it expects revenues of between 8.6 billion and 8.8 billion euros ($10.18 billion) in 2025, citing high industry demand and a strong product mix for a raised outlook.
In April, it forecast full-year adjusted revenue in a range of 8.3 billion euros and 8.5 billion euros.
It also sees its adjusted operating profit increasing by a low to mid-twenties percentage range this year, compared with the earlier expected growth in a mid-teens percentage range.
The firm, which makes the engine for the Eurofighter Typhoon, expects to reach revenue of between 13 billion and 14 billion euros in 2030, it added.
($1 = 0.8645 euros)
(Reporting by Paolo LaudaniEditing by Madeline Chambers)
