MTU Aero Engines expects 2006 full-year EBITDA to reach € 310 million
Munich – MTU Aero Engines Holding AG continues on its positive growth trend: In the first nine months of 2006, the company’s revenues rose by 13% to €1,749.9 million (1-9/05: €1,545.6 million). The sector reporting the highest growth rate was once again commercial maintenance, repair and overhaul (MRO). MTU’s pre-tax earnings have also improved significantly, with EBITDA1 progressing from €166.6 million at end September 2005 to €224.7 million at end September 2006: a year-on-year increase of 35%. This increase is even more pronounced in the adjusted figures for net income2, which has more than doubled in comparison to the same period last year, rising 148% to €87.7 million (1-9/05: €35.3 million).