Latest IR News

Latest IR News 2018

MTU Aero Engines AG generated revenues of €1,016.4 million in the first quarter of 2018, an increase of 5% compared with the same period of the previous year (1-3/2017: €971.9 million). The group’s operating profit rose by 11% from €157.9 million to €175.1 million, pushing up the EBIT margin from 16.2% to 17.2%. Earnings after tax increased in line with operating profit, growing by 10% from €111.7 million in the first quarter of 2017 to €123.3 million. MTU applied the international financial reporting standard IFRS 15 for the first time in its financial statements for the first quarter of 2018.

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The Supervisory Board of MTU Aero Engines AG today accepted the Executive Board’s proposal to raise the company’s dividend to €2.30 per share. This proposal, which represents an increase of 40 euro cents, or 21%, compared with the previous year’s dividend, will be presented to the voting members of the Annual General Meeting on April 11, 2018.

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MTU Aero Engines AG once again set new records in the financial year 2017. Revenues increased by 6 % from € 4,732.7 million in 2016 to a new high of € 5,036.3 million. Operating profit reached a new record level of € 606.6 million, beating the previous year’s result by 21 % (2016: € 503.0 million). Earnings after tax surpassed the previous record of € 345.4 million, set in 2016, growing by 24 % to € 429.1 million.

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