MTU Aero Engines AG Q3 2025 Earnings Recap

MTU Aero Engines AG reported strong Q3 2025 results, with revenues increasing 19% to EUR 6.3 billion and adjusted EBIT rising 34% to EUR 995 million, driven by robust OEM and MRO performance.

Key Takeaways

• Adjusted EBIT margin improved to 15.9%, reflecting operational efficiency and a favorable commercial mix.
• Free cash flow reached EUR 279 million, showcasing a noteworthy cash conversion rate of 39%.
• Passenger traffic is expected to grow by 5.8% for the full year, underpinning sustained demand for aircraft and aftermarket services.
• Strong momentum is observed in defense, particularly with new Eurofighter orders from Germany and rising demand for the CH-53K helicopter.
• The company raised its financial guidance for EBIT and free cash flow due to the strong performance in the first nine months.