Report
Olfa Taamallah ...
  • Yan Derocles

MTU Aero Engines : Portfolio’s defensive profile cushions the fall in passenger traffic

>A reassuring tone despite still fragile demand - From the road show organised with Peter Kameritsch (MTU’s CFO) and Matthias Spies (IR manager), we note the confident tone of the message notably on the recovery of the aftermarket given the engine manufacturer’s defensive profile, with opportunities to be seized post-COVID-19 on the maintenance segment in anticipation of sector consolidation. The key takeaways were: 1/ Although visibility remains limited at prese...
Underlying
MTU Aero Engines AG

MTU Aero Engines manufacturers engine modules and components, and providers MRO (Maintenance, Repair and Overhaul) services for commercial aero engines. Co.'s activities range through the development, construction, testing and production of new commercial and military engines and spare parts, through to maintenance, repair and overhaul of commercial and military engines. Co.'s segments comprised of: OEM business (Original Equipment Manufacturing), which covers new commercial engines, including spare parts, and the whole of the military sector; and MRO business, which engaged in commercial maintenance activities covering the areas of maintenance and logistical support for commercial engines.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Olfa Taamallah

Yan Derocles

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