MTU Aero Engines’ revenue up 3%; opens new Munich test centre

MTU Aero Engines has generated revenues of €3.4 billion in the first nine months of 2019, up 3% on the previous year. The group’s operating profit increased by 10% from €509 million to €558 million. Net income increased by 8% to €392 million, up from €362.8 million experienced in the same nine–month period a year ago. “With this result, we are on track to achieve our targets for 2019 and therefore confirm our forecast for the year,” said Reiner Winkler, CEO of MTU Aero Engines. “2019 looks set to become another record-breaking financial year for MTU. We are thus continuing with the