Europe Movers; Audi, Fresenius Medical, MTU Aero, Phillips, Vestas

Inga Muller
06 May, 2025
Frankfurt

Audi AG gained 0.1% to €96.66 after the German passenger car manufacturer reported mixed first-quarter 2025 results.

Revenue increased 12% to €15.4 billion from €13.72 billion, and operating profit amounted to €0.5 billion from €466 million a year ago, mainly driven by a better mix as well as a higher battery electric vehicle share.

The company delivered 388,756 cars of the Audi, Lamborghini, and Bentley brands, a decline of 3.3% from a year earlier, while deliveries of fully electric Audi models increased by 30%.

Audi guided fiscal 2025 revenue to be between €67.5 billion and €72.5 billion, compared to €64.53 billion in 2024.

The company estimated vehicle deliveries between 1.7 million and 1.8 million, compared to 1.69 million vehicles a year ago.

Koninklijke Philips NV dropped 0.97% to €22.50 after the Dutch electric appliances manufacturer reported first-quarter 2025 results.

Sales decreased to €4.10 billion from €4.14 billion, net income swung to a profit of €76 million from a loss of €999 million, and earnings per share swung to a profit of 8 cents from a loss of €1.07 a year ago.

The company said comparable sales dropped 2% in the quarter, mainly due to slower demand in China, but sales were offset by growth in the personal health segment and royalty phasing.

Comparable order intake increased 2%, primarily driven by strong performance in North America, and the company reiterated its guidance for comparable sales growth between 1% and 3%.

MTU Aero Engines AG advanced 1.4% to €323.40 after the German aircraft engine manufacturer reported first-quarter 2025 results.

Revenue jumped 28% to €2.11 billion from €1.65 billion, net income climbed 77% to €224 million from €126 million, and basic earnings per share rose 71% to €4.03 from €2.35 a year ago.

The company guided fiscal 2025 revenue to be between €8.3 billion and €8.5 billion, compared to €7.41 billion in 2024, and adjusted EBIT to be in the mid-teens percentage range, compared to €1.05 billion a year earlier.

Vestas Wind Systems AS eased 0.98% to 88.50 krona after the Danish wind turbine manufacturer reported first-quarter 2025 results.

Revenue jumped 29% to €3.47 billion from €2.68 billion, net income swung to a profit of €5 million from a loss of €68 million, and earnings per share were breakeven compared to a loss of 7 cents a year ago.

Order intake increased by 36% from a year earlier, driven by strong momentum in offshore and EMEA onshore, the company said in a release to investors.

The company estimated full-year revenue to range between €18 billion and €20 billion, compared to €17.29 billion in 2024; an EBIT margin before special times to be between 4% and 7%, compared to 4.3% a year earlier; and total investments to amount to approximately €1.2 billion, compared to €1.14 billion in 2024.

Fresenius Medical Care AG advanced 1.5% to €46.04 after the kidney dialysis services reported first-quarter 2025 results.

Revenue edged up 3% to €4.88 billion from €4.72 billion, net income surged 113% to €151 million from €71 million, and earnings per share rose 113% to 52 cents from 24 cents a year ago.

As of March 31, Fresenius Medical Care treated 299,358 patients in 3,674 dialysis clinics worldwide and had 112,035 employees globally, compared to 111,513 employees as of December 31.