The company reported Q3 15 results. Revenues increased 5.9% to €1.06bn. Revenues of the Commercial OEM engine business grew 11.2% to €541m and Military OEM engine revenues declined 8.9% to €130.6m. Revenues of the Commercial maintenance business MRO grew 13.1% to €394.2m. Adjusted EBIT according to the company definition increased 20% from €100.2m to €120.3m. Our EBIT increased 19.7% to €98.6m. The real EBIT margin improved from 8.3% to 9.3%. In the first ni
26 Oct 2015
Maintenance business is driving the performance
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Maintenance business is driving the performance
MTU Aero Engines AG (MTX:WBO) | 0 0 1.5% | Mkt Cap: 7,301m
- Published:
26 Oct 2015 -
Author:
Heinz Steffen -
Pages:
2
The company reported Q3 15 results. Revenues increased 5.9% to €1.06bn. Revenues of the Commercial OEM engine business grew 11.2% to €541m and Military OEM engine revenues declined 8.9% to €130.6m. Revenues of the Commercial maintenance business MRO grew 13.1% to €394.2m. Adjusted EBIT according to the company definition increased 20% from €100.2m to €120.3m. Our EBIT increased 19.7% to €98.6m. The real EBIT margin improved from 8.3% to 9.3%. In the first ni