Mitsubishi Heavy Industries Achieves Double-Digit Order Intake and Profit Growth in First Three Quarters, Raises Full-Year Guidance
Mitsubishi Heavy Industries Achieves Double-Digit Order Intake and Profit Growth in First Three Quarters, Raises Full-Year Guidance
・ Order intake increased YoY in Energy Systems and Plants & Infrastructure Systems, with largest contributions from GTCC and Aero Engines in Energy Systems and Metals Machinery in Plants & Infrastructure Systems.
・ Revenue grew YoY in all segments, with largest gains in Aircraft & Missile Systems within Defense & Space.
・ Business profit achieved strong YoY growth in Energy Systems, Plants & Infrastructure Systems, and Aircraft, Defense & Space segments due to increased revenue, improved margins, positive impact from yen depreciation, as well as rebound from one-time charges incurred in previous fiscal year.
・ Increased full-year guidance for order intake, revenue, business profit, net income, EBITDA, and free cash flow to reflect stronger-than-expected performance in first three quarters.
・ Order intake increased YoY in Energy Systems and Plants & Infrastructure Systems, with largest contributions from GTCC and Aero Engines in Energy Systems and Metals Machinery in Plants & Infrastructure Systems.
・ Revenue grew YoY in all segments, with largest gains in Aircraft & Missile Systems within Defense & Space.
・ Business profit achieved strong YoY growth in Energy Systems, Plants & Infrastructure Systems, and Aircraft, Defense & Space segments due to increased revenue, improved margins, positive impact from yen depreciation, as well as rebound from one-time charges incurred in previous fiscal year.
・ Increased full-year guidance for order intake, revenue, business profit, net income, EBITDA, and free cash flow to reflect stronger-than-expected performance in first three quarters.