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MTU Aero Engines continues strong performance in first quarter of 2005
Munich – Following on from the strong performance in 2004, MTU Aero Engines continued its successful development in the first quarter of 2005, achieving double-digit revenue growth. Strong sales of spare parts had a particularly significant effect on the overall result, which nearly doubled on a year-on-year basis. Cash flow from operating activities2 also increased substantially, mainly due to customer pre-payments during the first quarter. MTU Aero Engines presented its quarterly figures according to IFRS today on Tuesday, 10 May 2005.