Commercial OEM sector revenues at MTU Aero Engines gained 23% to more than €1.4 billion ($1.93 billion) for the nine months to end-September
The German manufacturer and maintenance specialist says the result was driven by "strong growth" from its shares in three engine programmes: the International Aero Engines V2500 for the Airbus A320, Engine Alliance GP7000 for the A380, and General Electric GEnx for the Boeing 747-8 and 787.
The year-to-date performance outshone a relatively weak third quarter, in which sales grew just 2.5% to €449 million ($619 million).
Commercial engine maintenance revenue for the year to date was up 3% at €1.03 billion, again outrunning the third quarter, in which revenue slipped 5.8% to €926 million. The MRO business was held back by what chief executive Egon Behle described as "stagnation in the industrial gas turbine sector".
For the group as a whole, nine-month sales rose 12.5% to €2.78 billion, but pre-tax profits fell 14.3% to €196 million.
Military engines, accounting for just 13% of sales of group sales, were up 5.6% at €368 million for the year to end-September.