MTU Aero Engines reports record revenue in 2013, profit remain stable

MTU Aero Engines revenue up 11% - financial highlights for 2013:

• Revenue: EUR3742 million, +10.7% year-on-year;
• • Commercial engine business: EUR1891 million, +18.0%;
  • Commercial MRO business: EUR1382 million, +5.8%;
• Operating profit: EUR377.3 million, +0.6%;
• • OEM business: EUR263.9 million, -0.1%;
  • Commercial MRO: EUR113.0 million, -0.5%;
• Net profit: EUR172.4 million, -1.4%;
• Order backlog: EUR10,746 million, -6.4%;
• • OEM business: EUR5404 million, -4.2%;
  • Commercial MRO: EUR5342 million, -8.5%;
• 2014 outlook:
• • Revenue: EUR3750 million;
  • Adjusted EBIT: Stable;
  • Adjusted net profit: Stable. [more - original PR]