Press Archive 2008
MTU Aero Engines increases forecast for 2008 revenues and earnings
Munich, October 23, 2008 – MTU Aero Engines Holding AG has reported successful results for the first nine months of 2008. At September 30, 2008, revenues amounted to €1,982.9 million, 5% higher than at the end of the equivalent period a year earlier (1-9/07: €1,886.8 million). After adjustments for the U.S. dollar exchange rate, revenues increased by 17%. MTU’s earnings continued to improve as well, with adjusted EBITDA1 reaching €295.0 million, which is 5% up on the same period in 2007 (1-9/07: €280.8 million). The EBITDA margin at the end of September came to 14.9%, as in the previous year. Net income has remained stable at €118.6 million (1-9/07: €117.0 million).