(Reuters) -MTU Aero Engines reported a third-quarter adjusted operating profit that beat market expectations on Thursday, as revenue growth in its commercial engine business and commercial maintenance helped cushion the impact of U.S. tariffs.
The Airbus and Boeing supplier said its adjusted earnings before interest and taxes were 339 million euros ($395 million) in the quarter, up from last year’s 273 million euros and exceeding analysts’ forecasts of 292 million euros in a company-provided consensus.
“We anticipate a mid-twenties percentage increase in adjusted EBIT for 2025, hitting the upper end of our previous forecast,” said Chief Financial Officer Katja Garcia Vila.
Revenue in MTU’s commercial maintenance and commercial engine businesses increased by 20% in the first nine months of 2025, it said in a statement. The flagship Geared Turbofan (GTF) Pratt & Whitney series accounted for 40% of its commercial maintenance revenue and the largest proportion of orders on hand.
A key concern affecting MTU last year was the fallout from contaminated powder metal used in parts for the GTF engine fleet, which had forced airlines to ground hundreds of aircraft for accelerated inspections and repairs.
Shares in the Munich-based company rose 1% in early Frankfurt trade.
($1 = 0.8575 euros)
(Reporting by Maria Rugamer, editing by Milla Nissi-Prussak)
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