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MTU Aero Engines AG (MTXGn.DE)

MTXGn.DE on Xetra

240.00EUR
7:19pm IST
Change (% chg)

€-1.00 (-0.41%)
Prev Close
€241.00
Open
€241.30
Day's High
€241.60
Day's Low
€236.10
Volume
114,092
Avg. Vol
127,888
52-wk High
€257.20
52-wk Low
€155.60

Latest Key Developments (Source: Significant Developments)

MTU Aero Engines Reference Share Price In Relation To New Convertible Bonds And Partial Repurchase Of Outstanding Convertible Bonds Due 2023 Has Been Set At EUR 244.1453
Friday, 13 Sep 2019 

Sept 13 (Reuters) - MTU Aero Engines AG ::DGAP-NEWS: MTU AERO ENGINES AG: CONVERSION PRICE FOR NEW CONVERTIBLE BONDS AND PRICE FOR PARTIAL REPURCHASE OF THE OUTSTANDING CONVERTIBLE BONDS HAVE BEEN SET.REFERENCE SHARE PRICE IN RELATION TO NEW CONVERTIBLE BONDS AND PARTIAL REPURCHASE OF OUTSTANDING CONVERTIBLE BONDS DUE 2023 HAS BEEN SET AT EUR 244.1453.INITIAL CONVERSION PRICE OF NEW CONVERTIBLE BONDS AMOUNTS TO EUR 378.4252.THIS REPRESENTS A CONVERSION PREMIUM OF 55% OVER REFERENCE SHARE PRICE.HAS SUCCESSFULLY REPURCHASED OUTSTANDING CONVERTIBLE BONDS IN AN AGGREGATE NOMINAL AMOUNT OF EUR 275 MILLION.FINAL PURCHASE PRICE PER BOND AMOUNTS TO EUR 200,212.11 PLUS ACCRUED INTEREST.  Full Article

MTU Aero Engines Lifts F-y Guidance After Q2, Sees 16% Profit Margin
Thursday, 25 Jul 2019 

July 25 (Reuters) - MTU Aero Engines AG ::Q2 REVENUES 1,111.8 MILLION EUR (VERSUS F'CAST OF 1.16 BILLION EUR).Q2 ADJUSTED EBIT 177.6 MILLION EUR.Q2 ADJUSTED NET INCOME 127.5 MILLION EUR.ADJUSTED EBIT MARGIN FOR 2019 EXPECTED TO REACH AROUND 16 %.AT € 18.5 BILLION, THE ORDER BACKLOG AGAIN REACHED RECORD LEVELS AT THE END OF JUNE 2019.2019 NET INCOME ADJUSTED IS EXPECTED TO INCREASE IN LINE WITH EBIT ADJUSTED (EBIT ADJUSTED, 2018: € 671.4 MILLION, NET INCOME ADJUSTED, 2018: € 479.1 MILLION).  Full Article

MTU Aero Engines Books Paris Orders Worth $1.3 Bln
Thursday, 20 Jun 2019 

June 20 (Reuters) - MTU Aero Engines AG ::AVIATION INDUSTRY GATHERING IN PARIS ENDS WITH ORDER INTAKE OF MORE THAN 1.3 BILLION DOLLARS IN LIST PRICES FOR MTU AERO ENGINES.MODERN GEARED TURBOFAN TECHNOLOGY ACCOUNTS FOR THE MAJORITY OF ORDERS.ORDERS MAINLY RESULT FROM ORDERS, MOUS FOR GEARED TURBOFAN ENGINES OF THE PW1000G FAMILY FOR SHORT- AND MEDIUM-RANGE AIRCRAFT.  Full Article

MTU Aero Engines Signs Letter of Intent With e.SAT GmbH
Monday, 17 Jun 2019 

June 17 (Reuters) - MTU AERO ENGINES AG ::TAKES STAKE IN NEW SILENT AIR TAXI HYBRID-ELECTRIC SMALL AIRCRAFT.LETTER OF INTENT SIGNED WITH E.SAT GMBH.JOINS THE PROJECT AS A TECHNOLOGY PARTNER AND SHAREHOLDER.PARTIES AGREED THAT MTU WILL TAKE A STAKE IN DEVELOPMENT AND PRODUCTION OF UNIQUE HYBRID-ELECTRIC POWERTRAIN FOR NEW AIRCRAFT.PARTIES AGREED THAT MTU ACQUIRE SHARES IN THE RECENTLY FOUNDED COMPANY IN THE AMOUNT OF TEN MILLION EUROS.PARTNERS PLAN TO NEGOTIATE DETAILS OF THEIR COOPERATION BY LATE OCTOBER, AIM BEING TO GET CONTRACT WRAPPED UP BEFORE YEAR-END.  Full Article

MTU Aero Engines Proposes To Increase Dividend To 2.85 Euros Per Share
Tuesday, 26 Feb 2019 

Feb 26 (Reuters) - MTU Aero Engines AG ::PROPOSES TO INCREASE DIVIDEND TO 2.85 EURO PER SHARE.  Full Article

Safran, MTU Aero Engines join forces for next-generation European fighter engine
Wednesday, 6 Feb 2019 

Feb 6 (Reuters) - Safran SA ::* In the presence of the French and German Ministers of Defense, respectively Florence Parly and Ursula von der Leyen, Safran and MTU Aero Engines announced their partnership to jointly lead the development of the new engine that will power the next generation combat aircraft, as part of the Franco-German Future Combat Air System (FCAS)..* The aircraft will enter into service by 2040 to complement the current generation of Eurofighter and Rafale fighter aircraft.* Safran Aircraft Engines will take the lead in engine design and integration, and MTU Aero Engines will take the lead in engine services .  Full Article

MTU Aero Engines Expects EBIT Margin To Remain Stable In 2019
Friday, 30 Nov 2018 

Nov 30 (Reuters) - MTU Aero Engines AG ::IMPROVED OUTLOOK FOR ORGANIC GROWTH IN ALL SEGMENTS.LONG-TERM TARGETS FOR NET INCOME AND FREE CASH FLOW CONFIRMED.NET INCOME IS FORECAST TO RISE STEADILY BETWEEN NOW AND 2025.EXPECTS ITS EBIT MARGIN TO REMAIN STABLE IN 2019.  Full Article

MTU Aero Engines AG Raises Guidance
Thursday, 25 Oct 2018 

Oct 25 (Reuters) - MTU Aero Engines AG ::RAISES GUIDANCE.SAYS 9M REVENUES UP 14 PERCENT AT 3.319 BILLION EUR.SAYS Q3 REVENUES 1.17 BILLION EUR.SAYS Q3 ADJUSTED EBIT 174.3 MILLION EUR.REVENUE FORECAST REVISED TO € 4.4 BILLION.OPERATING PROFIT SET TO REACH AROUND € 660 MILLION, NET INCOME SOME € 470 MILLION.NET INCOME ADJUSTED, ORIGINALLY TARGETED AT € 450 MILLION, IS EXPECTED TO INCREASE TO AROUND € 470 MILLION IN 2018.  Full Article

MTU Aero Engines Extends Appointment Of CEO Reiner Winkler
Wednesday, 24 Oct 2018 

Oct 24 (Reuters) - MTU AERO ENGINES AG ::EXTENDS THE APPOINTMENT OF THE CEO REINER WINKLER (57) BY FIVE YEARS UNTIL 30 SEPTEMBER 2024.  Full Article

MTU Aero Engines Achieves Orders Worth Around 800 Million Euros
Friday, 20 Jul 2018 

July 20 (Reuters) - MTU Aero Engines AG ::ACHIEVES ORDERS WORTH AROUND 800 MILLION EUROS.MTU AERO ENGINES - ORDERS AND LETTERS OF INTENT FOR PW1000G FAMILY OF GEARED TURBOFAN ENGINES FOR SHORT- AND MEDIUM-HAUL AIRCRAFT.  Full Article

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Aerospace executives look on bright side of United Tech, Raytheon deal

PARIS Aerospace executives see potential benefits from the surprise merger of Raytheon Co and United Technologies, including the prospect for better margins for suppliers and perhaps the chance to bid for any units put up for divestment.