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25.04.2013 | MTU Aero Engines with substantial revenue increase in the first quarter 2013
MTU Aero Engines Holding AG started the financial year 2013 with a 35 % surge in revenues, which amounted to € 944.7 million in the first quarter 2013, compared with € 698.0 million in the first quarter 2012. The group generated an operating profit of € 89.3 million (1-3/12: € 91.4 million), which corresponds to an EBIT margin of 9.5 %. Earnings after tax mounted to € 54.5 million, compared with € 56.9 million in the first three months of 2012.
more09.04.2013 | Reiner Winkler to become Chief Executive Officer of MTU Aero Engines
Today, the Supervisory Board of MTU Aero Engines Holding AG has appointed the current Chief Financial Officer Reiner Winkler (51) to become Chief Executive Officer (CEO), effective January 1, 2014. He succeeds Egon Behle (57), who is no longer available for a contract extension.
more13.03.2013 | MTU Aero Engines plans to raise dividend to 1.35 €
At a meeting held earlier today, MTU Aero Engines Holding AG’s Supervisory Board and Board of Management agreed the dividend proposal for fiscal 2012 to be submitted for approval at the Annual General Meeting on May 3, 2013. Their proposal is to set the dividend at 1.35 € per share.
more19.02.2013 | Record year for MTU: Revenues and earnings at highest-ever level in 2012
2012 was the most successful financial year in the history of MTU Aero Engines Holding AG, as the company announced during the presentation of its provisional financial statements at the annual results press conference on Tuesday, February 19, 2013. MTU’s revenues reached the record level of € 3,378.6 million (2011: € 2,932.1 million), thus exceeding the company’s forecast of € 3.3 billion. The group also clearly met its target of around € 370 million in operating profit, posting an increase of 14 % to € 374.3 million (2011: € 329.6 million) – another record high. Return on sales amounted to 11.1 %, compared with 11.2 % in 2011. MTU’s earnings after tax improved by 18 % from € 197.7 million to a new peak of € 233.4 million, better than the company’s forecast of around € 225 million.
more31.01.2013 | MTU Maintenance signs USD440 million contract with Brazilian carrier GOL
MTU Maintenance, the world’s leading independent maintenance provider, is proud to announce that it has signed a new contract with the Brazilian carrier GOL Linhas Aéreas Inteligentes for engine overhaul and on-wing support services of its CFMI CFM56-7B engines. The exclusive contract has a duration of five years and is valued at 440 million US dollars. Dr. Stefan Weingartner, President Commercial Maintenance MTU Aero Engines, said: “We are very happy to have added one of the fastest growing airlines in Latin America to our customer portfolio. This long-term maintenance contract with GOL is a major milestone for MTU Maintenance and a sign that we are strengthening our activities in the emerging markets.”
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