Edition:
United Kingdom

MTU Aero Engines AG (MTXGn.DE)

MTXGn.DE on Xetra

150.05EUR
15 Dec 2017
Change (% chg)

€-1.35 (-0.89%)
Prev Close
€151.40
Open
€151.25
Day's High
€151.35
Day's Low
€148.65
Volume
315,477
Avg. Vol
206,206
52-wk High
€153.20
52-wk Low
€106.35

Latest Key Developments (Source: Significant Developments)

MTU Aero Engines And Lufthansa Technik Launch MRO Joint Venture EME Aero
Tuesday, 5 Dec 2017 

Dec 5 (Reuters) - MTU AERO ENGINES AG ::LUFTHANSA TECHNIK AND MTU AERO ENGINES LAUNCH MRO JOINT VENTURE EME AERO.THE JV COMPANY WILL BE BASED IN POLAND.EME AERO SP. Z O.O. TO BE BASED IN POLAND AND WILL HAVE WORKFORCE OF 800 EMPLOYEES IN THE FUTURE.TWO PARTIES TO THE JOINT VENTURE WILL INVEST A TOTAL AMOUNT OF AROUND 150 MILLION EUROS BY 2020.  Full Article

MTU sees high demand for spares continuing
Thursday, 26 Oct 2017 

Oct 26 (Reuters) - MTU Aero Engines AG on analyst call::Mtu says expects high demand for spares due to airlines using older planes for longer thanks to low oil price will continue this year and into next year.  Full Article

MTU Aero CEO says Airbus investment in CSeries supports programme
Thursday, 26 Oct 2017 

Oct 26 (Reuters) - Mtu Aero Engines CEO tells journalists::not concerned about impact of gtf engine delays on possible new contracts, says order books are full.has provisions in guidance for any payments related to gtf engine delays, declines to comment on amount.jv with lufthansa technik on track, decision on location this year.airbus investment in cseries is positive, supports programme.  Full Article

MTU Aero Engines: MTU Maintenance and Sky Regional Airlines sign exclusive contract
Monday, 26 Sep 2016 

MTU Aero Engines AG : MTU Maintenance and Sky Regional Airlines sign an exclusive contract .Contract value: $250 million.  Full Article

MTU Aero Engines says not yet in compensation talks re A400M issues
Tuesday, 26 Jul 2016 

: MTU Aero CEO says sees no major effects from A400m problems . MTU Aero CEO says not in any talks yet on having to pay compensation re A400m problems . MTU Aero CEO says does not expect any direct impact from Brexit, has no facilities in Britain Further company coverage: [MTXGn.DE] ((frankfurt.newsroom@thomsonreuters.com; +49 69 7565 1270;)).  Full Article

Mtu aero engines ag says expects earnings of around €480 million and net income of circa €330 million
Tuesday, 26 Jul 2016 

Mtu Aero Engines Ag : Says 2016 revenues expected to reach around 4.7 billion euros . Says expects earnings of around 480 million euros and net income of circa 330 million euros . Says H1 2016 revenues of 2,299.2 million euros . Says group now expected to reach the upper end of the originally forecast range of between 4.6 and 4.7 billion euros in full-year Further company coverage: [MBCG.DE] ((frankfurt.newsroom@thomsonreuters.com; +49 69 7565 1270;)).  Full Article

MTU Aero sees year-end free cash flow of around 70 mln eur
Tuesday, 26 Jul 2016 

MTU Aero Engines Ag : Says q2 revenues 1.2 billion eur . Says q2 adjusted ebit 122.8 million eur . Reuters poll average for mtu q2 sales was 1.126 billion eur, adjusted ebit 119 million . Says sees year-end free cash flow of around €70 million . Says h1 revenues in the commercial engine business decreased by 4 percent on delays to a320neo deliveries Further company coverage: [MTXGn.DE] ((frankfurt.newsroom@thomsonreuters.com; +49 69 7565 1270;)).  Full Article

MTU Aero CEO confident A400M engine problems can be solved
Thursday, 2 Jun 2016 

MTU Aero Engines CEO at ILA air show in Berlin : Says sticking with 2016 guidance . Says is confident that problems with A400M engines can be solved . Says cannot yet say anything about impact of A400M on earnings Further company coverage: [MTXGn.DE] ((frankfurt.newsroom@thomsonreuters.com; +49 69 7565 1270;)).  Full Article

MTU Aero Engines Holding AG confirms FY 2016 forecast
Thursday, 28 Apr 2016 

MTU Aero Engines Holding AG:Forecast for 2016 financial year is unchanged.Group's 2016 revenues are expected to lie between 4.6 and 4.7 billion euros, with a stable EBIT margin of around 10.2016 earnings after tax are expected to increase in line with operating profit.Fy 2016 sales estimate 4.7 billion euros - Thomson Reuters I/B/E/S.  Full Article

MTU Aero Engines Holding AG proposes 2015 dividend 1.70 euros per share‍​
Tuesday, 1 Mar 2016 

MTU Aero Engines Holding AG:Proposes 2015 dividend 1.70 euros per share‍​.  Full Article

UPDATE 1-MTU eyes bigger share of future aircraft engine programmes

* Sees moderate rise in 2018 underlying operating profit (Recasts, adds CEO comment, further details)