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MTU Aero Engines AG (MTXGn.DE)

MTXGn.DE on Xetra

206.30EUR
2 Dec 2020
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€206.30
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301,843
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€289.30
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€97.76

Latest Key Developments (Source: Significant Developments)

MTU Aero Engines Says MTU Maintenance Signs Contract With Air Serbia
Monday, 16 Nov 2020 

Nov 16 (Reuters) - MTU AERO ENGINES AG ::SIGNS EXCLUSIVE CONTRACT WITH NEW CUSTOMER AIR SERBIA.SIX-YEAR AGREEMENT COVERS MRO, ENGINE TREND MONITORING AND SPARE ENGINE SERVICES FOR AIR SERBIA'S V-POWERED A319 AND A320 AIRCRAFT FLEET..  Full Article

MTU Aero Says Barely Any Cancellations For Engine Orders
Wednesday, 28 Oct 2020 

Oct 29 (Reuters) - MTU Aero Engines AG ::AIMS FOR DIVIDEND FOR 2020.WE HAD BARELY ANY CANCELLATIONS FOR ENGINE ORDERS, JUST POSTPONEMENTS.  Full Article

MTU Aero Engines CFO Says Currently Working On Order Backlog, Have Not Seen Cancellations Yet
Monday, 3 Aug 2020 

Aug 3 (Reuters) - MTU Aero Engines AG ::MTU AERO ENGINES CEO SAYS WE WILL LIKELY REACH 2019 LEVEL IN SHORT- AND MID-HAUL BUSINESS IN 2023, LONG-HAUL IN 2024.MTU AERO ENGINES CFO SAYS WE ARE CURRENTLY WORKING ON ORDER BACKLOG, HAVE NOT SEEN CANCELLATIONS YET.  Full Article

MTU Aero Engines Sees 2020 Revenue Between EUR 4 Billion and EUR 4.4 Billion
Friday, 31 Jul 2020 

July 31 (Reuters) - MTU AERO ENGINES AG ::PUBLISHES NEW FORECAST FOR THE 2020 FISCAL YEAR.MTU EXPECTS TO GENERATE REVENUE OF 4 TO 4.4 BILLION EUROS IN 2020. REVENUE FROM COMMERCIAL SERIES PRODUCTION BUSINESS IS LIKELY TO DROP ORGANICALLY BY A PERCENTAGE IN MID TO HIGH TWENTIES.MTU EXPECTS TO GENERATE REVENUE FROM SPARE PARTS BUSINESS BY A PERCENTAGE IN HIGH TWENTIES.ANTICIPATES AN ADJUSTED EBIT MARGIN OF BETWEEN 9 AND 10 PERCENT FOR 2020.ADJUSTED NET INCOME SHOULD DEVELOP IN LINE WITH ADJUSTED EBIT.MTU ANTICIPATES AN ADJUSTED EBIT MARGIN OF BETWEEN 9 AND 10 PERCENT FOR 2020..2020 ADJUSTED NET INCOME SHOULD DEVELOP IN LINE WITH ADJUSTED EBIT.  Full Article

MTU Aero Engines Sees 2019 Operating Profit At 750 Mln Eur
Friday, 25 Oct 2019 

Oct 25 (Reuters) - MTU Aero Engines AG CFO::CO SEES 2019 OPERATING PROFIT OF ABOUT 750 MLN EUR.SEES STRONG Q4 IN CIVIL MAINTENANCE, MILITARY BUSINESS.2019 DIVIDEND EXPECTED TO RISE SLIGHTLY MORE THAN ADJUSTED NET PROFIT.  Full Article

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

CORRECTED-Aircraft engine maker MTU posts 73.9% drop in Q2 net income

BERLIN, Aug 3 German aircraft engine maker MTU Aero Engines on Monday reported a 73.9% drop in second-quarter adjusted net income and a 30.2% fall in revenue citing the impact of the coronavirus pandemic.