MTU Aero Engines provides an initial outlook on 2020

MTU Aero Engines AG has presented an initial outlook on its expected business development in 2020. In the upcoming financial year, the commercial business sectors such as commercial new engine and spare parts business as well as commercial maintenance business are predicted to be the main sources of growth. The military engine business is expected to remain stable. For 2020, MTU is anticipating an increase in operating profit in the high single-digit percentage range. The cash conversion rate – that is, the ratio of free cash flow to net income adjusted – is expected to be around 70%. Reiner Winkler,