Latest IR News

Munich, 14th October, 2014 – Today it has been announced that the PurePower® PW800 engines are the power behind the new Gulfstream G500 and G600 business jets. The rollout took place at Gulfstream Aerospace Corp.’s Georgia headquarters. MTU Aero Engines has a 15 percent workshare in Pratt & Whitney Canada’s (P&WC) PurePower PW800 engine program. Germany’s leading engine manufacturer has design responsibility for the engines’ low-pressure turbine and the front high-pressure compressor and is also manufacturing these modules.

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In the first six months of 2014, MTU Aero Engines AG achieved a revenue growth of 2% to €1,815.8 million (1-6/2013: €1,774.9 million). Operating profit remained stable at €170.7 million (1-6/2013: €169.7 million), with an EBIT margin of 9.4% compared with 9.6% in the first half of 2013. Net income increased by 4% to €111.0 million (1-6/2013: €106.7 million).

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For MTU Aero Engines, this year’s Farnborough International Airshow was a big success: Germany’s leading engine manufacturer has announced around 1.3 billion euros in orders, with new business being at the same level as at the last Farnborough Airshow. “This high total order value shows once again that the new programs in which we took stakes hold great prospects for the future,” says MTU CEO Reiner Winkler.

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MTU Aero Engines AG will be taking a four-percent work-share in General Electric’s GE9X program. Germany’s leading engine manufacturer will be manufacturing and assuming design responsibility for the engine’s turbine center frame. Taken over the life of the program, the workshare will be worth around four billion euros in revenue for MTU.

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