MTU Aero Engines Holdings’ nine-month results for 2010 show that the firm is on track to achieve its yearly targets. Revenues increased by 2% to €1,992.3 million after €1,954.9 in the previous year. MTU boosted its earnings by 7% to €226.1 million. At 11.3%, the EBIT margin was up 0.5 percentage points compared with the same period in 2009, while the company’s net income improved by 7% to € 99.6 million. Egon Behle, CEO of MTU Aero Engines, said: “These results demonstrate that MTU is well on track to achieve its targets for the year, and enable us to confirm

This content is restricted to site members.

If you are an existing user, please login below.
New users may register below.

Existing Users Log In