Latest IR News

Latest IR News

This year’s Farnborough International Airshow was a big success for MTU Aero Engines: Germany’s leading engine manufacturer racked up orders worth around one billion euros (approx. 1,1 billion U.S. dollars), with the PW1000G family of geared turbofan (GTF) engines doing particularly well.

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Munich, April 28, 2016—In the first quarter of 2016, MTU Aero Engines AG generated revenues of €1,097.9 million (1-3/15: €1,099.5 million). The group’s operating profit1 was up 34% to €131.3 million (1-3/15: €97.7 million). The EBIT margin was 12.0%, or 3.1 percentage points higher than for the same period in the previous year. Earnings after tax2 increased in line with operating profit by 34% to €91.5 million (1-3/15: €68.2 million).

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Ludwigsfelde, April 26, 2016 - MTU Maintenance, one of the world’s leading providers of maintenance services for commercial engines and industrial gas turbines (IGTs), has extended its contract with Norwegian oil and gas company Statoil for its  General Electric LM industrial gas turbines. The seven-year agreement valued at more than 200 million U.S. dollars. Under the deal, MTU Maintenance will be responsible for the maintenance, repair and overhaul (MRO) for parts of the largest commercial LM IGT fleet in the world,  which is operated offshore on Statoil’s oil platforms.

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Munich, March 1, 2016 – The Supervisory Board and the Executive Board of MTU Aero Engines AG will propose a dividend payment of €1.70 per share at the Annual General Meeting on April 14, 2016. This is equivalent to an increase of 25 euro cents or 17% compared with the previous year’s dividend.

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Munich, February 16, 2016 – MTU Aero Engines AG closed the financial year 2015 with new records. Revenues reached a new high of €4,435.3 million (2014: €3,913.9 million) while the group’s operating profit1 climbed to €440.3 million (2014: €382.7 million), an increase of 15%. Earnings after tax2 beat the previous all-time record set in 2014, rising by 21% from €253.3 million to €306.9 million.

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Munich, January 20, 2016 – After 12 months of flight testing, the first A320neo powered by geared turbofan (GTF) engines to enter revenue service was handed over to the customer today. European aircraft manufacturer Airbus delivered the first of the single-aisle jets incorporating the eco-efficient propulsion technology to Lufthansa. The PurePower® PW1100G-JM geared turbofan engine has been developed and built jointly by Pratt & Whitney, MTU Aero Engines and Japanese Aero Engines Corporation (JAEC). Delivery of the aircraft to Germany’s flag carrier marks an historic day for MTU; for with its high-tech engine technology, the company has played a role in bringing next-generation aviation technology to the market. Germany’s leading engine manufacturer makes a substantial contribution to the GTF engine program, supplying highly engineered components and taking on responsibility for final assembly and maintenance work.

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