The company reported preliminary results ending in December 2015. Revenues increased 13.3% to €4.44bn compared to €3.98bn in 2014. The order backlog rose 11.8% to €12.49bn. Adjusted EBIT increased 15.1% to €440.3m. EBIT of the OEM business division improved 7.1% to €285m and the commercial MRO (maintenance, repair, overhault) business 33.4% to €155.2m. Consequently, the EBIT margin of the OEM business declined from 10.1% to 9.8% and in the MRO business the adjust
16 Feb 2016
MRO business is driving the performance
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MRO business is driving the performance
MTU Aero Engines AG (MTX:WBO) | 0 0 1.5% | Mkt Cap: 7,301m
- Published:
16 Feb 2016 -
Author:
Heinz Steffen -
Pages:
2
The company reported preliminary results ending in December 2015. Revenues increased 13.3% to €4.44bn compared to €3.98bn in 2014. The order backlog rose 11.8% to €12.49bn. Adjusted EBIT increased 15.1% to €440.3m. EBIT of the OEM business division improved 7.1% to €285m and the commercial MRO (maintenance, repair, overhault) business 33.4% to €155.2m. Consequently, the EBIT margin of the OEM business declined from 10.1% to 9.8% and in the MRO business the adjust