Dr. Thomas Franz
Member of the Executive Board and COO
Replay available
Mtu Aero Engines Hldgs Ag (MTUAF) Q2 2026 Earnings Call
Mtu Aero Engines Hldgs Ag (OTC: MTUAF) Q2 2026 earnings conference call, held 2026-07-30. Replay captured from the company's public earnings webcast.
Hosted by
Featured presenters
Dr. Johannes Bussmann
Chairman of the Executive Board and CEO
Dr. Katja Garcia Vila
Member of the Executive Board and CFO
Sebastian Gorver
Analyst, BNP Paribas
Robert Stallard
Analyst, Vertical Research Partners
Adrian Rabia
Analyst, Bernstein
Benjamin Healan
Analyst, Bank of America
Chloe Lemary
Analyst, Jefferies
Investor webinar replay
Watch the replay and follow the connected company analysis, news, and investor updates for Mtu Aero Engines Ag.
Replay transcript excerpt
WEBVTT 00:00:00.051 -- 00:00:04.992 Welcome to our conference call for MTUS Q2 2026 results. 00:00:04.992 -- 00:00:09.333 We'll begin today's session with Johannes presenting a first view on results and a look 00:00:09.333 -- 00:00:14.694 on recent developments. Following that, Katja will walk you through the financials. 00:00:14.694 -- 00:00:19.775 Johannes takes over for the guidance and some key takeaways before we open the floor 00:00:19.775 -- 00:00:24.716 for questions. With that, it's my pleasure to hand over to Johannes. 00:00:24.716 -- 00:00:28.086 Yeah, thanks Thomas and welcome to everybody. 00:00:28.086 -- 00:00:33.253 We have delivered an excellent performance in the first half of 2026, so group revenues 00:00:33.253 -- 00:00:34.834 increased by 13% to roughly 4.7 billion euros. 00:00:34.834 -- 00:00:41.200 Our adjusted EBIT grew 5% to 692 million euros, resulting in a strong margin of 14.8%. 00:00:47.102 -- 00:00:52.707 So the free cash flow generation was notably strong, reaching 294 00:00:52.707 -- 00:00:57.931 million in the last six months. This represents an increase of 00:00:57.931 -- 00:01:01.352 39% compared to the prior period 00:01:01.554 -- 00:01:06.579 in 2025. As a result, our cash conversion rates stood at 00:01:06.579 -- 00:01:12.660 59%, exceeding the full year guidance we provided in February. 00:01:12.660 -- 00:01:17.101 While the situation in the Middle East remains highly volatile, we have not seen any 00:01:17.101 -- 00:01:22.283 material impact on our business so far. We therefore remain confident 00:01:22.283 -- 00:01:27.625 in achieving our 2026 guidance on revenues and EBIT adjusted, reflecting 00:01:27.625 -- 00:01:31.146 the strong performance in the first half of the year. 00:01:31.146 -- 00:01:35.627 We are rising our free c...