MTU Aero Engines beats Q3 expectations led by commercial business
Oct 24 (Reuters) -German engine manufacturer MTU Aero Engines MTXGn.DE beat third-quarter profit expectations on Thursday buoyed by commercial original equipment manufacturing and its spare parts business.
Adjusted earnings before interest and taxes (EBIT) rose by 42% to 273 million euros ($294.5 million), in line with preliminary results published in October and above the 235 million euros expected by analysts in a company-provided consensus.
($1 = 0.9271 euros)
Reporting by Isabel Demetz and Tristan Veyet; editing by Jason Neely
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