Spread | 1.10 | ||||
Long position overnight fee Long position overnight fee
Trade size with leverage ~ €5,000.00 Short position overnight fee ~ €4,000.00 | -0.022099% | ||||
Short position overnight fee Short position overnight fee
Trade size with leverage ~ €5,000.00 Short position overnight fee ~ €4,000.00 | -0.000123% | ||||
Overnight fee time | 21:00 (UTC) | ||||
Currency | EUR | ||||
Min traded quantity | 1 | ||||
Margin | 20 | ||||
Stock exchange | Germany | ||||
Commission on trade1 | 0% |
Information_provided_by_capital
1Our charge for executing your trade is the spread, the difference between the buy and sell price. Please consult the Charges and Fees section of our website for further information
Prev. Close | 219.75 |
Open | 218.55 |
1-Year Change | -8.61% |
Day's Range | 217.6 - 223.35 |
MTU Aero Engines AG is a Germany-based manufacturer of military aircraft engines in all thrust and power categories and stationary gas turbines. The Company operates through two segments: the commercial and military engine business (OEM) and commercial maintenance business (MRO). The commercial and military engine business (OEM) segment covers the development and production of modules, components and parts for engine programs, including final assembly, as well as maintenance services. The commercial maintenance business (MRO) segment covers all activities relating to the maintenance, repair and overhaul of commercial engines and associated services. The Company operates through numerous subsidiaries in Europe, the Americas, Asia and Australia.
BRIEF: For the six months ended 30 June 2021, MTU Aero Engines AG revenues decreased 2% to EUR2B. Net income decreased 17% to EUR101M. Revenues reflect Civil and Military Engines segment decrease of 14% to EUR678M. Net income also reflects Interest Expense, gross increase from EUR6.8M to EUR16M (expense), Cost of Material increase of 59% to EUR22M (expense). Basic Earnings per Share excluding Extraordinary Items decreased from EUR2.30 to EUR1.89.