Mitsubishi Heavy Industries Achieves Strong YoY Increases in Order Intake, Revenue, and Profit in Q1 FY2024
Mitsubishi Heavy Industries Achieves Strong YoY Increases in Order Intake, Revenue, and Profit in Q1 FY2024
・ Order intake grew YoY in Energy Systems, Plants & Infrastructure Systems, and Logistics, Thermal & Drive Systems, with largest increases seen in GTCC.
・ Revenue increased YoY in all segments driven by strength in GTCC, Aero Engines, and Defense & Space.
・ Business profit was up in Energy Systems, Plants & Infrastructure Systems, and Aircraft, Defense & Space due to revenue increases, improved project margins, and impact from the weak yen.
・ Restated full-year FY2024 earnings guidance, unchanged from the previous announcement.
・ Order intake grew YoY in Energy Systems, Plants & Infrastructure Systems, and Logistics, Thermal & Drive Systems, with largest increases seen in GTCC.
・ Revenue increased YoY in all segments driven by strength in GTCC, Aero Engines, and Defense & Space.
・ Business profit was up in Energy Systems, Plants & Infrastructure Systems, and Aircraft, Defense & Space due to revenue increases, improved project margins, and impact from the weak yen.
・ Restated full-year FY2024 earnings guidance, unchanged from the previous announcement.