MTU Aero Engines AG (MTUAF) Q1 2024 Earnings Call Transcript

Date:


MTU Aero Engines AG (OTCPK:MTUAF) Q1 2024 Earnings Conference Call April 30, 2024 5:00 AM ET

Company Participants

Thomas Franz – Vice President, Investor Relations
Lars Wagner – Chief Executive Officer
Peter Kameritsch – Chief Financial Officer

Conference Call Participants

Kseniia Maslova – UBS
Ross Law – Morgan Stanley
David Perry – JPMorgan
George Zhao – Bernstein
Robert Stallard – Vertical Research
Chloe Lemarie – Jefferies
Ben Heelan – Bank of America
Victor Allard – Goldman Sachs
Christophe Menard – Deutsche Bank
Olfa Taamallah – ODDO BHF

Operator

Welcome to the Conference Call on MTU Aero Engines First Quarter Results 2024. For your information, the management presentation including the Q&A session will be audio taped and streamed live or made available on demand on the Internet. By attending in the conference call you grant permission for audio recordings intended for publication on the Internet to be taken.

The speakers of today’s conference call are Mr. Lars Wagner, Chief Executive Officer; and Mr. Peter Kameritsch, Chief Financial Officer.

Firstly, I would like to hand over to Mr. Thomas Franz Vice President Investor Relations for some introductory words.

Thomas Franz

Thank you Melanie and also welcome from my side. Welcome to MTU’s Q1 2020 results call. As usual we will start with a review from Lars. Peter will then give a financial overview and take a look at our OEM and MRO segment. After that Lars will share our view on expectations for 2024 and the outlook 2025. Then we will open the call for questions.

And with that, I’ll hand over to Lars for the review.

Lars Wagner

All right. Thomas, thank you very much. A big welcome from my side as well. I usually start with a view on the market environment. As we’ll see no passenger traffic has now fully recovered and exceeded pre-pandemic



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