- MTU Aero Engines reported adjusted revenue up 13pc to €7.12bn.
- Adjusted EBIT increased 5pc to €1.04bn.
- Adjusted net income rose 4pc to €751m.
- Commercial maintenance revenue grew 19pc to €5.11bn.
- Full-year revenue guidance was raised to €9.5bn to €9.7bn.
MTU Aero Engines has reported record-breaking nine-month results for 2026 surpassing the €1bn adjusted operating profit mark for the first time. Adjusted revenue rose 13pc year-over-year to €7.12bn. Adjusted EBIT increased 5pc to €1.04bn and adjusted net income rose 4pc to €751m. Free cash flow surged 67pc to €466m indicating operational cash conversion.
Commercial maintenance served as the main engine of growth rising 19pc to €5.11bn. Growth was driven by Pratt and Whitney Geared Turbofan engine shop visits which made up 45pc of total commercial MRO revenue. Military programmes expanded 13pc to €472m led by work on the Eurojet EJ200 and Europrop TP400 programmes. Commercial OEM revenue remained flat at €1.62bn with production bottlenecked by supply chain constraints.
Management raised full-year 2026 guidance for adjusted revenue to €9.5bn to €9.7bn from a previous range of €9.2bn to €9.7bn. Cash conversion rate guidance rose to 55pc to 60pc from 50pc to 60pc. Adjusted operating profit guidance was held stable at €1.35bn to €1.45bn due to an altered product mix and expected ramp-up costs heading into the final quarter.
