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March 2017

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MTU Aero Engines reported record revenues in the 2016 financial year, increasing by 7% to a new high of €4,732.7 million (2015: €4,435.3 million). Operating profit reached €503 million, beating the previous year’s record by 14% (2015: €440.3 million). Earnings after tax also surpassed the previous record of €306.9 million, set in 2015, growing by 13% to €345.4 million.

 

In 2016, the commercial maintenance business (MTU Maintenance) achieved the highest growth rate in terms of revenues, which increased by 21% to €1,914.4 million (2015: €1,580.6 million). This growth was driven mainly by the V2500 engine for the Airbus A320, followed by the CF34 family of regional and business jet engines and the GE90, which powers the Boeing 777. The series of record revenues achieved in the MRO segment was unbroken for five three-month periods in succession, up to and including the 4Q16. For 2017, the highest growth rate is expected to come from commercial MRO, where revenues expressed in US dollars are projected to increase by around 10%. 

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