MTU Aero Engines retreats from record high despite solid Q4, 2026 guidance

(Sharecast News) - Shares in German aircraft engine maker MTU Aero Engines slumped on Tuesday despite the company beating forecasts with its fourth-quarter results, as the stock continued to pull back from an all-time high set last week.

Adjusted revenue in the final three months of the year totalled �2.44bn, up from �2.20bn the year before and ahead of the �2.39bn consensus forecast.

That pushed full-year adjusted revenues to �8.72bn, a new all-time high and some 16% ahead of 2024, while 2025 adjusted operating profit came in 29% ahead of a previous record at �1.35bn.

The stock, which reached a record closing high of �402 on Friday before slipping slightly on Monday, was down 6.1% at �373.30 by 0929 GMT.

"We made the most of market opportunities in 2025 and stayed on our successful course despite ongoing challenges," said chief executive Johannes Bussmann.

Also commenting on the results, chief financial officer Katja Garcia Vila said: "These figures show that we not only achieved new all-time highs but also delivered on what we promised. We raised our guidance several times during the year and fully met it across the board."

For 2026, MTU is guiding to adjusted revenue of �9.2bn-9.7bn, with growth across all business areas, with adjusted operating profit pencilled in at �1.35bn-1.45bn - both were slightly ahead of market expectations.

The company said that the commercial series business is likely to see the strongest gains this year, with mid- to high-teens improvements in organic revenues.

"This guidance underpins our medium-term goals and shows that we are consistently maintaining our growth trajectory," Bussmann said.