MTU Aero eyes gains after 2012 net rises 9.2%

Feb 20, 2013 | 05:29 PM | Frank Haflich

Tags  MTU Aero Engines Holding, Egon Behle, aerospace, Pratt & Whitney, Airbus, Boeing, Engine Alliance, V2500 PW1000G

LOS ANGELES — MTU Aero Engines Holding AG’s net income rose 9.2 percent in 2012, and the company expects commercial aerospace demand to drive both the group’s revenue and operating profit up 10 to 12 percent in 2013.

The Munich-based aircraft engine maker reported provisional net income of €173.9 million ($230.9 million) on revenue of €3.4 billion ($4.5 billion) in 2012, up from net income of €159.2 million on revenue of €2.9 billion in 2011.....

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