IR News details

Munich, February 26, 2019 – 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.

“We are thus continuing the trend of recent years and thanking our shareholders by making the highest dividend payment to date, following MTU’s renewed record results for the financial year 2018,” Supervisory Board chairman Klaus Eberhardt said after the meeting. Reiner Winkler, CEO of MTU Aero Engines AG, added: “MTU is on track for sustained record performance levels in 2019. The dividend increase is our way of showing our shareholders that their continued trust in us is well placed.”

The dividend will be paid out to shareholders on April 16, 2019, after approval by the Annual General Meeting.

About MTU Aero Engines

MTU Aero Engines AG is Germany’s leading engine manufacturer, with core competencies in low-pressure turbines, high-pressure compressors, turbine center frames, manufacturing processes and repair techniques. MTU plays a key role in the new engine market through its partnership in many international development, manufacturing and sales programs, to which it contributes its high-tech components. One third of the global fleet of passenger airliners relies on components supplied by MTU. MTU is one of the world’s top 5 providers of maintenance services for commercial aircraft engines and industrial gas turbines. These activities are combined under the roof of MTU Maintenance. In the military sector, MTU Aero Engines is the lead industrial partner for almost every type of engine flown by the German armed forces. MTU operates affiliates around the globe; its corporate headquarters are based in Munich, Germany.