Press Archive 2007
MTU Aero Engines reaffirms forecast for 2007 and improves earnings again
Munich, October 25, 2007 – In the first nine months of 2007, MTU Aero Engines Holding AG further improved its earnings, thus sustaining the positive trend. Adjusted EBITDA1 increased by 22% to €280.8 million (1-9/06: €230.4 million). The company’s EBITDA margin increased to 14.9%, up two percentage points compared with 2006. Underlying net income2 made similarly positive progress, increasing by 17% to €102.5 million (1-9/06: €87.9 million). This figure includes a non-recurring charge for the early redemption premium in connection with the high-yield bond, which was paid in the first half of this year. Excluding this exceptional charge, the improvement would have amounted to 30%.