27-Mar-2020 8:52 AM
Disclosure of inside information pursuant to Article 17 MAR: MTU Aero Engines AG withdraws guidance
Direct News Source
The executive board of MTU Aero Engines AG (the "Company") resolved today to withdraw the guidance for the financial year 2020. The Company's decision is based on the assessment of market scenarios presently deemed likely, and on a catalogue of expenditure reduction measures. The previous guidance was published on February 20, 2020, already with the reservation to review it during the year due to the Corona pandemic.
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This press release was sourced from MTU Aero Engines on 26-Mar-2020.