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MTU Aero Engines boosts earnings in first quarter 2008
Munich, April 24, 2008 – MTU Aero Engines Holding AG improved its EBITDA1 by 9% in the first three months of 2008, from €90.6 million in the equivalent period of 2007 to €98.3 million. The EBITDA margin increased by 1.5 percentage points to 15.6%. Revenues of €630.0 million were generated in the first three months of 2008, remaining close to the previous year’s level (1-3/07: €640.6 million). After adjustments for the U.S. dollar exchange rate, revenues increased by 10%.