MTU Aero eyes gains after 2012 net rises 9.2%
Feb 20, 2013 | 05:29 PM
| Frank Haflich
LOS ANGELES MTU Aero Engines Holding AGs net income rose 9.2 percent in 2012, and the company expects commercial aerospace demand to drive both the groups 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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