MTU Aero Engines AG 2024 AR2
The report highlights MTU Aero Engines AG's strong financial performance in fiscal year 2024, achieving its operating profit target of over one billion euros a year earlier than planned with an adjusted EBIT of €1,050 million. Despite challenges from the Geared Turbofan fleet management plan and supply chain constraints, the company achieved record revenues of €7.4 billion. On the sustainability front, MTU progressed with its 'ecoRoadmap' climate strategy, reducing Scope 1 and 2 emissions by 42.2% compared to the 2019 baseline, and advanced its revolutionary hydrogen-powered Flying Fuel Cell technology. Additionally, the company expanded its global maintenance network and established the EURA joint venture for military helicopter engines.
Company: MTU Aero Engines AG
Sector: Manufacturing
Country: Germany
Year: 2024
Type: AR2
Pages: 352
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MTU Aero Engines AG
Annual Report
The report highlights MTU Aero Engines AG's strong financial performance in fiscal year 2024, achieving its operating profit target of over one billion euros a year earlier than planned with an adjusted EBIT of €1,050 million. Despite challenges from the Geared Turbofan fleet management plan and supply chain constraints, the company achieved record revenues of €7.4 billion. On the sustainability front, MTU progressed with its 'ecoRoadmap' climate strategy, reducing Scope 1 and 2 emissions by 42.2% compared to the 2019 baseline, and advanced its revolutionary hydrogen-powered Flying Fuel Cell technology. Additionally, the company expanded its global maintenance network and established the EURA joint venture for military helicopter engines.
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Document Details
Report Year
2024
Reporting Period
Jan 1, 2024 - Dec 31, 2024
Fiscal Year
2024
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Scope 3:
Energy Consumption
Renewable Energy
Women on Board
Women in Management
Workplace Fatalities
Net Zero Target
Employees