Mitsubishi Heavy Industries Achieves Steady Revenue and Profit Growth in Q1 FY2025, Reiterates Full-Year Guidance
Mitsubishi Heavy Industries Achieves Steady Revenue and Profit Growth in Q1 FY2025, Reiterates Full-Year Guidance
・ Order intake declined overall YoY from the heights achieved in FY2024 in Defense & Space within Aircraft, Defense & Space, but maintained a high level driven by growth in Energy Systems and Plants & Infrastructure Systems.
・ Revenue increased YoY in Energy Systems, Plants & Infrastructure Systems, and Aircraft, Defense & Space. Largest contributions were from Gas Turbine Combined Cycle (GTCC) and Nuclear Power in Energy Systems, Metals Machinery in Plants & Infrastructure Systems, and Defense & Space in Aircraft, Defense & Space.
・ Business profit grew YoY in Energy Systems, Plants & Infrastructure Systems, and Aircraft, Defense & Space due to revenue growth and improved margins.
・ Reiterated FY2025 guidance aiming for ¥5.4 trillion in revenue, ¥420 billion in business profit, and ¥24 per share in full-year dividends.
・ Order intake declined overall YoY from the heights achieved in FY2024 in Defense & Space within Aircraft, Defense & Space, but maintained a high level driven by growth in Energy Systems and Plants & Infrastructure Systems.
・ Revenue increased YoY in Energy Systems, Plants & Infrastructure Systems, and Aircraft, Defense & Space. Largest contributions were from Gas Turbine Combined Cycle (GTCC) and Nuclear Power in Energy Systems, Metals Machinery in Plants & Infrastructure Systems, and Defense & Space in Aircraft, Defense & Space.
・ Business profit grew YoY in Energy Systems, Plants & Infrastructure Systems, and Aircraft, Defense & Space due to revenue growth and improved margins.
・ Reiterated FY2025 guidance aiming for ¥5.4 trillion in revenue, ¥420 billion in business profit, and ¥24 per share in full-year dividends.