24-Oct-2012 1:49 PM
MTU Aero Engines reports double digit profit growth in first nine months of 2012, maintains guidance
MTU Aero Engines revenue up 19% - financial highlights for nine months ended 30-Sep-2012:
- Revenue: EUR2468 million, +19.4% year-on-year;
- OEM business: EUR1490 million, +15.4%;
- Commercial engine business: EUR1142 million, +17.7%;
- Commercial MRO business: EUR1002 million, +25.4%;
- OEM business: EUR1490 million, +15.4%;
- EBIT: EUR278.0 million, +13.3%;
- OEM business: EUR194.1 million, +6.6%;
- Commercial MRO business: EUR85.6 million, +29.9%;
- Net profit: EUER160.4 million, +37.4%;
- Order backlog: EUR11,711 million, +11.1% when compared to period ended 31-Dec-2011;
- OEM business: EUR5786 million, +21.1%;
- Commercial MRO business: EUR5925 million, +2.9%;
- FY2012 forecast:
- Revenue: EUR3300 million;
- Operating profit: EUR370 million;
- Net profit: EUR225 million. [more - original PR]
MTU Aero Engines: "The good results achieved over the last nine months confirm our forecast for the whole year. We therefore keep our targets for 2012," Egon Behle, CEO. Source: Company statement, 23-Oct-2012.