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Engine manufacturer MTU Aero Engines presents good business figures
Munich –Today, Thursday, April 28, MTU Aero Engines GmbH published its business figures for the year 2004. The company has significantly enhanced its result and substantially improved its capital structure through the repayment of bank liabilities ahead of schedule. Sales were slightly up and the order book grew apace. The accounting, for the first time in accordance with IFRS, was influenced in particular by special effects deriving from the sale of the company.