MTU Aero Engines announce year-to-Sep-2009 financial results

Revenues now targeted to reach around €2.6 billion EBIT target raised to €290 million, and EBIT margin expected to improve to 11%. Free cash flow expected to equal last year's level of around €100 million. MTU Aero Engines Holding AG generated stable revenues of €1,954.9 in the first nine months of 2009 (1-9/08: €1,982.9 million). The EBIT margin for this period came to 10.8%, based on an operating profit1 of €210.8 million (1-9/2008: €238.9 million). Net income to the end of September 2009 amounted to €93.4 million (1-9/2008: €118.6 million).