MTU Aero Engines presented its preliminary figures for 2020: Revenue was €3,977 million, compared with €4,628 million in 2019. The operating profit1 was €416 million (2019: €757 million) and the EBIT margin was 10.5% (2019: 16.4%). Net income2 was €294 million in 2020, compared with €538 million in 2019.
“Our swift and decisive action in the face of...