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MTU Aero Engines raises revenue outlook after quarterly sales beat

By Reuters News

Oct 29 (Reuters) - German engine maker MTU Aero Engines MTXGn.DE raised full-year revenue forecast on Thursday after its third-quarter sales topped expectations, driven by growth in its maintenance business.

MTU reported adjusted revenue of €2.43 billion ($2.7 billion) for the quarter, above a company consensus of €2.37 billion. Adjusted operating profit rose to €349 million, but missed analysts' €354 million forecast.

($1 = 0.8959 euros)

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