MTU Aero Engines AG (MTX.MU)
- Reuters
MTU Aero Engines' Q1 profit rises on Eurofighter orders despite turbofan woes
German engine manufacturer MTU Aero Engines reported higher first-quarter earnings on Tuesday, boosted by orders from the joint European Eurofighter jet project while its turbofan engines recall campaign remained on track. The Airbus and Boeing supplier's results beat expectations even as it continues to suffer from the consequences of an expensive recall campaign. Last year, it had to recall up to 3,000 geared turbofan engines from its partner Pratt & Whitney for an inspection due to a potentially defective turbine disc, costing the German firm about 1 billion euros.
- Simply Wall St.
MTU Aero Engines (ETR:MTX) Is Paying Out Less In Dividends Than Last Year
MTU Aero Engines AG ( ETR:MTX ) is reducing its dividend from last year's comparable payment to €2.00 on the 14th of...
- Zacks
Are Aerospace Stocks Lagging CurtissWright (CW) This Year?
Here is how Curtiss-Wright (CW) and MTU Aero Engines AG (MTUAY) have performed compared to their sector so far this year.
