Record High US Engine Manufacturer GE Aerospace on the Rise

Source: dpa 1 min Reading Time

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Despite delivery delays, US engine manufacturer GE Aerospace achieved record results and is aiming for more profit in 2026—but the stock market is reacting cautiously.

Deliveries in the defense sector increased by 30% year-on-year over the year as a whole.(Picture: © Andreas Schneider - stock.adobe.com)
Deliveries in the defense sector increased by 30% year-on-year over the year as a whole.
(Picture: © Andreas Schneider - stock.adobe.com)

Following surprisingly good annual figures, engine manufacturer GE Aerospace is targeting higher profits for 2026. Earnings per share adjusted for exceptional items are expected to rise to between 7.10 and 7.40 US dollars, as the US company announced in Cincinnati on Thursday. Last year, GE delivered more engines for the Airbus A320neo and Boeing 737 Max medium-haul jet series than ever before, despite delays.

However, the profit outlook for 2026 was no longer enough to inspire investors after the 85% rise in the share price last year, according to the market. The shares recently fell by six percent.

In the past year, the Group's turnover grew by 18 percent to 45.9 billion dollars (39.2 billion euros). The surplus jumped by 31 percent to 10 billion dollars. Adjusted earnings per share (EPS) even increased by 38 percent to 6.37 dollars, exceeding analysts' average expectations.

The plans for 2026 also exceeded expectations: Analysts had only expected adjusted earnings per share to be at the lower end of the range that Group CEO Larry Culp has now set himself.

GE Aerospace develops and manufactures turbines for Airbus and Boeing passenger and cargo aircraft. For the Leap engines for the much sought-after medium-haul jets, the US group works together with the French engine manufacturer Safran in the joint venture CFM.

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