MTU Aero Engines AG, a key player in the aerospace industry, continues to receive a Buy recommendation from UBS. The company specializes in manufacturing and supplying modules and components for both civil and military aircraft engines, as well as providing comprehensive maintenance, repair, and overhaul services.
The majority of MTU's sales, accounting for 77.2%, come from maintenance, repair, and overhaul services for commercial aircraft engines and industrial gas turbines. The remaining 22.8% is generated from the sale of modules and components for commercial and military aircraft engines.
In terms of geographical distribution, North America represents the largest portion of MTU Aero Engines AG's sales, accounting for 67.1% of its total revenue. Germany contributes 12.5%, Europe contributes 7.5%, Asia contributes 7%, and various other markets contribute 5.9%. This diverse geographical presence highlights the company's strong position in the global aerospace market.