Latest IR News

Latest IR News 2019

In the first quarter of 2019, MTU Aero Engines AG saw its revenues increase by 11 % from € 1,016.4 million to € 1,131.2 million. The group’s operating profit grew by 7 % to € 187.6 million (1-3/2018: € 175.1 million), resulting in an adjusted EBIT margin of 16.6 % (1-3/2018: 17.2 %). Net income increased in line with EBIT adjusted, rising by 8 % from € 123.3 million to € 133.5 million.

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MTU Maintenance, the global leader in customized solutions for aero engines, remains committed to its PW2000 engine MRO program for at least another 10 years. In recent months, the company has won contracts valued at more than 700 million U.S. dollars through its excellent, cost-effective solutions.

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MTU Maintenance, the global leader in customized solutions for aero engines, has signed a twelve-year GE90-115B maintenance contract with United Airlines. The fly-by-hour contract covers the maintenance, repair and overhaul of 49 engines powering the airline’s B777-300ER fleet and includes MTU proprietary repairs as well as engine trend monitoring.

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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 € 2.85 per share for the financial year 2018. This proposal, which represents an increase of 55 euro cents, or 24 %, compared with the previous year’s dividend, will be presented to the voting members of the Annual General Meeting on April 11, 2019.

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MTU Aero Engines AG once again set new records in the financial year 2018. Revenues increased by 17 % from € 3,897.4 million in 2017 to a new high of € 4,567.1 million. The group’s operating profit reached a new record level of € 671.4 million, similarly beating the previous year’s result by 17 % (2017: € 572.5 million). Net income also surpassed the previous record of € 404.9 million, set in 2017, growing by 18 % to € 479.1 million. 

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In the presence of the French and German Ministers of Defense, respectively Florence Parly and Ursula von der Leyen, Safran Aircraft Engines and MTU Aero Engines today officially announced their partnership to jointly lead the development, the production and the after-sales support activities of the new engine that will power the next-generation combat aircraft, as part of the Franco-German Future Combat Air System (FCAS). The aircraft will enter into service by 2040 to complement the current generation of Eurofighter and Rafale fighter aircraft.

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