Latest IR News

Latest IR News 2018

At its Capital Market Day, MTU Aero Engines AG presented its outlook for the group’s short- and long-term growth. The commercial series production and spare parts revenues are expected to be the main sources of growth in 2019. In a turnaround from previous years, the military engine business is predicted to take off again. MTU expects its adjusted EBIT margin to remain stable. In the short and long term, the prospects for growth in all business units are better than originally assumed. Net income is forecast to rise steadily between now and 2025, accompanied by further improvements in free cash flow.

Read more

MTU Maintenance Zhuhai signed a number of agreements at the Zhuhai Airshow in China this morning. The first was a five-year agreement with longstanding customer Hainan Airlines for V2500 MRO services. Hainan Airlines and MTU Maintenance Zhuhai have worked together on CFM56 engines for well over ten years and are now expanding their cooperation to include the V2500 engines powering the airline’s A320 fleet.

Read more

MTU Aero Engines AG and China Southern Air Holding Company Limited have extended their joint venture contract for its joint engine MRO facility, MTU Maintenance Zhuhai, by 20 years to 2051.

Read more

In the first nine months of 2018, MTU Aero Engines generated revenues of € 3,318.7 million, up 14% on the previous year (1-9/2017: € 2,900.8 million). The group’s operating profit increased by 16% from € 439.9 million to € 508.9 million. The EBIT margin stood at 15.3% (1-9/2017: 15.2%). Earnings after tax rose by 16% to € 362.8 million (1-9/2017: € 312.8 million). 

Read more

MTU Aero Engines AG’s Supervisory Board has extended the contract of CEO Reiner Winkler (57) by five years until September 30, 2024. The decision was made by a unanimous vote at the Supervisory Board’s meeting on October 24, 2018.

Read more

MTU Maintenance, the global leader in customized solutions for aero engines, signed a five-year V2500 contract with Asiana Airlines today. The contract covers the maintenance, repair and overhaul of 40 percent and engine trend monitoring for all of Asiana Airline and its subsidiaries’ V2500 fleet. The deal is worth around 245 million euros.

Read more

MTU Aero Engines generated revenues of € 2,148.6 million in the first six months of 2018, up 9 % on the previous year (1-6/17: € 1,977.0 million). The group’s operating profit increased by 13 % from € 296.3 million to € 334.6 million, resulting in an EBIT margin increase from 15.0 % to 15.6 %. Earnings after tax also increased by 13 % to € 237.0 million (1-6/17: € 210.1 million).

Read more

This year’s Farnborough International Airshow proved a major success for MTU Aero Engines. Germany’s leading engine manufacturer secured orders worth around 800 million euros (according to list price), in particular with orders and memorandums of understanding (MoUs) for the PW1000G- geared turbofan (GTF) engine family for single-aisle aircraft.

Read more

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.

Read more

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.

Read more