MTU Aero Engines Q3 2024 Earnings Results & Report

MTU Aero Engines EPS Results

• Actual EPS: $2.02
• Consensus EPS: N/A
• Beat/Miss: N/A
• One Year Ago EPS: N/A

MTU Aero Engines Revenue Results

• Actual Revenue: $2.08 billion
• Expected Revenue: N/A
• Beat/Miss: N/A
• YoY Revenue Growth: N/A

MTU Aero Engines (OTCMKTS:MTUAY) is a Germany-based manufacturer and service provider for aircraft engines. The company develops, manufactures and supports commercial and military engine programs, producing engine modules, components and systems for use in civil and defense aviation.

MTU is also a major provider of engine maintenance, repair and overhaul services. Through its commercial maintenance operations and international partnerships, the company supports airlines, aircraft leasing companies and other aviation customers throughout the life cycle of their engines. Its activities include the manufacture of high-pressure turbine components, low-pressure turbines and other engine technologies.

The company serves customers internationally through operations and partnerships in Europe, North America, Asia and other aviation markets. MTU participates in major engine programs with global aerospace companies, including collaborations involving Pratt & Whitney, General Electric, Safran Aircraft Engines and other industry partners. Its roots extend to Germany’s aircraft-engine industry in the early 20th century, with the modern MTU Aero Engines organization emerging from predecessor businesses that were consolidated under the MTU name.

MTU Aero Engines is headquartered in Munich, Germany. Lars Wagner has served as the company’s chief executive officer since 2023.