MTU Aero Engines issues higher and more concrete forecast at half-year

MTU Aero Engines generated revenues of €2,148.6 million in the first six months of 2018, up 9 % on the previous year (1-6/17: €1,977.0 million). The group’s operating profit increased by 13 % from €296.3 million to €334.6 million, resulting in an EBIT margin increase from 15.0 % to 15.6 %. Earnings after tax also increased by 13 % to €237.0 million (1-6/17: €210.1 million). “In the first half of the year, the commercial spare parts and commercial MRO business in particular developed better than expected,” said Reiner Winkler, CEO of MTU Aero Engines AG. “We are expecting this trend