$MTX (+1,11 %) increased its net profit by 77% year-on-year to 224 million euros.
Earnings per share amounted to 4.03 euros.
On an adjusted basis, net profit climbed by 41% to 221 million euros.
On an adjusted basis, sales rose by a quarter to 2.09 billion euros, as MTU announced on April 28. Adjusted earnings before interest and taxes (EBIT) rose by 38 percent to 300 million euros, while the corresponding margin improved to 14.3 percent from 13.0 percent in the same period of the previous year.
All segments recorded an increase in profits.
With regard to our earnings forecast for the year as a whole, we believe we are still clearly on track," said CEO Lars Wagner. "The potential impact of the currently highly volatile US customs policy on the global aviation industry is currently difficult to predict.
MTU continues to assume that, without mitigating measures, burdens in the mid to high double-digit million euro range will be incurred.
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A further 3 shares will follow if the share price falls further.
