The company reported Q3 16 results. Revenues increased 4.5% to €1.1bn and the order backlog declined 8% to €11.15bn. The gross margin improved from 14.9% to 15.6%. Real EBIT increased 19.1% to €117.4m and the EBIT margin improved from 9.3% to 10.7%. Also, the EBITDA margin increased from 13% to 13.6%. Adjusted EBIT according to the company rose 16.1% to €139.7m and the adjusted EBIT margin increased from 11.4% to 12.7%.
28 Oct 2016
Strong performance even based on real numbers
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Strong performance even based on real numbers
MTU Aero Engines AG (MTX:WBO) | 0 0 1.5% | Mkt Cap: 7,301m
- Published:
28 Oct 2016 -
Author:
Heinz Steffen -
Pages:
2
The company reported Q3 16 results. Revenues increased 4.5% to €1.1bn and the order backlog declined 8% to €11.15bn. The gross margin improved from 14.9% to 15.6%. Real EBIT increased 19.1% to €117.4m and the EBIT margin improved from 9.3% to 10.7%. Also, the EBITDA margin increased from 13% to 13.6%. Adjusted EBIT according to the company rose 16.1% to €139.7m and the adjusted EBIT margin increased from 11.4% to 12.7%.