MTU Maintenance posts record revenues for 2012

2012 was the most successful financial year in the history of MTU Aero Engines Holding AG, as the company announced during the presentation of its provisional financial statements on Tuesday, February 19, 2013. MTU’s revenues reached the record level of €3,378.6m (2011: €2,932.1m), thus exceeding the company’s forecast of €3.3bn. The group also clearly met its target of around €370m in operating profit, posting an increase of 14% to €374.3m (2011: €329.6m). Return on sales amounted to 11.1%, compared with 11.2% in 2011. MTU’s earnings after tax improved by 18% from €197.7m to a new peak of €233.4m, better than the company’s forecast of around €225m.

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