DOCSLIB.ORG

Ahead of Its Time 75 Years of MTU History

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text

Load more

Annual Report 2008 Ahead of its time 75 years of MTU history. 100 years of aviation expertise. Order backlog by segments (without consolidation) in € million Revenues by segments (without consolidation) in € million OEM MRO OEM MRO 2004 3,236.0 2,125.0 2004 1,375.6 575.9 2005 3,433.8 3,703.6 2005 1,434.8 766.9 2006 3,218.4 3,804.4 2006 1,483.1 954.7 2007 3,216.8 5,139.6 2007 1,599.5 1,004.7 2008 3,884.5 5,361.2 2008 1,642.9 1,113.0 EBITDA adjusted by segments (without consolidation) in € million Net profit in € million OEM MRO 2004 131.3 42.7 2004 0.2 2005 162.4 77.8 2005 32.8 2006 217.7 103.4 2006 89.1 2007 305.7 87.9 2007 154.1 2008 330.3 78.9 2008 179.7 Selected consolidated financial information and key figures at a glance Change in € million (unless otherwise specified) 2008 - 2007 2008 2007 2006 Revenues and earnings Revenues 148.4 5.8 % 2,724.3 2,575.9 2,416.2 thereof: commercial and military engine business (OEM) 43.4 2.7 % 1,642.9 1,599.5 1,483.1 thereof: commercial maintenance business (MRO) 108.3 10.8 % 1,113.0 1,004.7 954.7 Earnings before interest, tax, depreciation and amortization (EBITDA) 15.6 4.0 % 408.5 392.9 335.6 Earnings before interest and tax (EBIT) 5.0 2.1 % 248.3 243.3 183.8 Net profit 25.6 16.6 % 179.7 154.1 89.1 Earnings (adjusted) Earnings before interest, tax, depreciation and amortization (EBITDA adjusted) 12.8 3.3 % 405.7 392.9 318.2 Earnings before interest and tax (EBIT adjusted) 18.4 5.9 % 331.0 312.6 237.7 Balance sheet Total assets 110.6 3.6 % 3,196.1 3,085.5 2,986.0 Equity 55.4 9.9 % 617.4 562.0 562.3 Equity ratio in % 19.3 18.2 18.8 Net financial liabilities 31.3 14.0 % 254.7 223.4 210.2 Cash flow Cash flow from operating activities 169.6 71.8 % 405.8 236.2 209.8 Cash flow from investing activities -177.7 -170.0 % -282.2 -104.5 -94.1 Free cash flow -8.1 -6.2 % 123.6 131.7 115.7 Cash flow from financing activities 38.4 23.2 % -127.4 -165.8 -37.7 Number of employees at year-end Commercial and military engine business (OEM) 290 6.3 % 4,900 4,610 4,740 Commercial maintenance business (MRO) 117 4.6 % 2,637 2,520 2,337 Share data Earnings per share in € Undiluted earnings per share 0.69 23.4 % 3.64 2.95 1.64 Diluted earnings per share 0.71 25.1 % 3.54 2.83 1.64 Dividend per share in € 0.93 0.93 0.82 Dividend yield in % 4.7 2.3 2.3 Total dividend (€ million)1) -1.8 -3.8 % 45.4 47.2 43.6 Outstanding common stock at Dec. 31 (million shares) -1.9 -3.7 % 48.8 50.7 53.3 1) Proposal presented at the Annual General Meeting / previous years: resolution by the Annual General Meeting for the financial year Ahead of its time. For 75 years. Today aft f ying at the Aircr time … Airbu s A3 80 ad already deve TU h lope M d … red turb Gea ofan 75 years of MTU history. 100 years of aviation expertise. Always ahead of its time. 75 years of MTU history 100 years of aviation expertise To be able to make your mark on the present and shape the future, you have to be ahead of your time. MTU Aero Engines has been doing precisely that for 75 years. Its predecessor, BMW Flugmotorenbau GmbH, was founded in Munich in 1934. After changes in name and ownership, the company has meanwhile evolved into Germany’s leading engine manufacturer and the world’s biggest independent commercial MRO provider – a successful, globally operating, publicly owned enterprise and an established player in the realm of engines. The name MTU stands for 100 years of aviation expertise, because with its advanced technologies it will be shaping the future of aviation well into the 21st century. MTU and its predecessors have always played an influential role in flying. The BMW VI, RB199, PW2000 and GP7000 are outstanding examples of MTU’s engineering competence. Thanks to decades of expertise and research, the company has constantly developed propulsion technologies of the future in collabora­ tion with its partners from industry, research and science. No sooner has one engine been launched than MTU’s engineers are already developing the engine of tomorrow. This still applies today. The Clean Air Engine (Claire) technology program will take full effect sometime around the year 2034 – thanks to 75 years of MTU history and 100 years of aviation expertise. MTU chronicle German competence in aero engines united in a single company MTU Aero Engines is a company with a long tradition and a promising future. Its roots can be traced back to the beginnings of powered flight in the early 20th century, while its technology programs point the way far into the 21st century. The company’s history has been marked by a succession of major names, events and products. Originally a subsidiary of BMW, MTU returned to building engines after the Second World Hornet licensing agreement Franz Josef Popp, founder of The factory site at Allach after the end Production gets underway for between Pratt & Whitney and BMW BMW Flugmotorenbau GmbH of the Second World War the J79 Starfighter engine 1934 Establishment of site in Dachauer Strasse = 75th Anniversary 1930 1940 1950 1960 1970 1934: 1957: 1965 : foundation of BMW Flugmotorenbau GmbH BMW MAN takes Triebwerkbau over BMW Triebwerkbau BMW withdraws Siemens & Halske 1958: MAN 1965: MAN Turbo Turbomotoren Daimler-Benz (DB) 2 War, initially for military airplanes and later also for the commercial sector. It subsequently developed into one of the world’s leading engine manufacturers. MTU has been an independent company since its IPO in 2005. The founders of MTU Motoren­ The RB199 Tornado engine is assembled by The V2500, one of the most successful The IPO signaled the independence und Turbinen­Union München GmbH MTU in Munich for the German air force programs in which MTU has been involved of MTU Aero Engines 1970 1980 1990 2000 2010 1985: 2000: DB takes over a MTU becomes 50 % share of MAN a DaimlerChrysler MAN withdraws company 1989: 2004: MTU becomes a subsidiary DaimlerChrysler of newly established sells MTU to KKR Deutsche Aerospace, the later DaimlerChrysler Aerospace (DASA) 2005: IPO of MTU Aero Engines Holding AG 1969: MTU: 50% DB 50% MAN 3 The 1930s The piston engine for aircraft sets benchmarks Piston engines dominated aviation in the 1930s and 1940s. They were built by, among others, MTU’s predecessor, BMW Flugmotorenbau. One of the most famous examples was the BMW VI. Two of these 12­cylinder twin­bank engines propelled the Dornier Do­J IIb flying boat, known as the Greenland Whale, through the air. The BMW VI was noted for its exceptional reliability and allowed many pioneers of flight to set new records. It helped Wolfgang von Gronau to accom­ plish his second transatlantic flight in 1931, for example. The BMW VI also made a name for itself as a locomotive engine. Large piston aircraft engines were manufactured in Germany until the end of the Second World War. 4 At the time when piston engines like the BMW work was already underway on modern turbojet VI were the norm, engines such as the DB007 The 1930s 5 The 1950s The turbofan takes the world by storm 6 While the JT8­D was MTU was about to conquering the world, launch the RB199. The 1950s In the period after the Second World War, aviation was dominated by the turbofan engine. This propulsion technology is notable for its high performance and fuel economy. One of the en­ gines of this type produced in the highest numbers is the JT8­D manufactured by the American company Pratt & Whitney. It is based on technologies originally developed for the DB007 turbofan engine in the 1940s as part of Daimler­Benz’s aircraft engine activities, which were later integrated in MTU. The JT8­D powered commercial aircraft like the Boeing 727. As well as manufacturing parts for this engine, MTU also developed improved components to optimize its performance. The company still supplies spare parts for this best­selling engine. 7 The 1970s MTU lays the groundwork for its compressors The RB199 engine was developed exclusively for the Panavia Tornado, a European multipurpose fighter jet, in a joint project involving Germany, Italy and the United Kingdom. It is reputed for its extraordinary reliability and robustness, and has been MTU’s most successful military engine program to date. It was the first time that the German engine manufacturer had been called upon to develop and build medium­ and high­pressure compressors, which is the highest dis­ cipline in jet engineering. MTU also contributed the medium­pressure turbine. The swing­wing aircraft is not only deployed by the three partner nations, but also flies in Saudi Arabia. 8 While the RB199 was MTU had already started work in series production, on the modern PW2000 The 1970s 9 The 1990s MTU low­pressure turbines make the grade 10 The PW2000 was just making when MTU started collaborating its technological mark, on the GP7000 The 1990s The PW2000 is one of the most advanced commercial engines of its generation, and is espe­ cially quiet and fuel­efficient.
Recommended publications
  • Robust Gas Turbine and Airframe System Design in Light of Uncertain

    Robust Gas Turbine and Airframe System Design in Light of Uncertain

    Robust Gas Turbine and Airframe System Design in Light of Uncertain Fuel and CO2 Prices Stephan Langmaak1, James Scanlan2, and András Sóbester3 University of Southampton, Southampton, SO16 7QF, United Kingdom This paper presents a study that numerically investigated which cruise speed the next generation of short-haul aircraft with 150 seats should y at and whether a con- ventional two- or three-shaft turbofan, a geared turbofan, a turboprop, or an open rotor should be employed in order to make the aircraft's direct operating cost robust to uncertain fuel and carbon (CO2) prices in the Year 2030, taking the aircraft pro- ductivity, the passenger value of time, and the modal shift into account. To answer this question, an optimization loop was set up in MATLAB consisting of nine modules covering gas turbine and airframe design and performance, ight and aircraft eet sim- ulation, operating cost, and optimization. If the passenger value of time is included, the most robust aircraft design is powered by geared turbofan engines and cruises at Mach 0.80. If the value of time is ignored, however, then a turboprop aircraft ying at Mach 0.70 is the optimum solution. This demonstrates that the most fuel-ecient option, the open rotor, is not automatically the most cost-ecient solution because of the relatively high engine and airframe costs. 1 Research Engineer, Computational Engineering and Design 2 Professor of Aerospace Design, Computational Engineering and Design, AIAA member 3 Associate Professor in Aircraft Engineering, Computational Engineering and Design, AIAA member 1 I. Introduction A. Background IT takes around 5 years to develop a gas turbine engine, which then usually remains in pro- duction for more than two decades [1, 2].
  • Aerospace Engine Data

    Aerospace Engine Data

    AEROSPACE ENGINE DATA Data for some concrete aerospace engines and their craft ................................................................................. 1 Data on rocket-engine types and comparison with large turbofans ................................................................... 1 Data on some large airliner engines ................................................................................................................... 2 Data on other aircraft engines and manufacturers .......................................................................................... 3 In this Appendix common to Aircraft propulsion and Space propulsion, data for thrust, weight, and specific fuel consumption, are presented for some different types of engines (Table 1), with some values of specific impulse and exit speed (Table 2), a plot of Mach number and specific impulse characteristic of different engine types (Fig. 1), and detailed characteristics of some modern turbofan engines, used in large airplanes (Table 3). DATA FOR SOME CONCRETE AEROSPACE ENGINES AND THEIR CRAFT Table 1. Thrust to weight ratio (F/W), for engines and their crafts, at take-off*, specific fuel consumption (TSFC), and initial and final mass of craft (intermediate values appear in [kN] when forces, and in tonnes [t] when masses). Engine Engine TSFC Whole craft Whole craft Whole craft mass, type thrust/weight (g/s)/kN type thrust/weight mini/mfin Trent 900 350/63=5.5 15.5 A380 4×350/5600=0.25 560/330=1.8 cruise 90/63=1.4 cruise 4×90/5000=0.1 CFM56-5A 110/23=4.8 16
  • MTU-Museum Triebwerksgeschichte – Gestern, Heute Und Morgen MTU Museum 07 2009 01.Qxd 27.08.2009 13:47 Uhr Seite 4

    MTU-Museum Triebwerksgeschichte – Gestern, Heute Und Morgen MTU Museum 07 2009 01.Qxd 27.08.2009 13:47 Uhr Seite 4

    MTU_Museum_07_2009_01.qxd 27.08.2009 13:47 Uhr Seite 3 MTU-Museum Triebwerksgeschichte – gestern, heute und morgen MTU_Museum_07_2009_01.qxd 27.08.2009 13:47 Uhr Seite 4 Inhaltsverzeichnis Vorwort 3 Unternehmen mit Tradition und Zukunft 4 Bewegte Geschichte 5 GP7000 – Antrieb für den Mega-Airbus 8 PW6000 – Antrieb des kleinen Airbus A318 8 EJ200 – Schub für den Eurofighter 9 PW4000 – Triebwerk der Boeing B777-200 10 MTR390 – Triebwerk des Tigers 10 V2500 – Antrieb für den Airbus A320 11 PW500 – Antrieb für Geschäftsreiseflugzeuge 12 RR250-C20 – Antrieb für Hubschrauber 12 RB199 – Antrieb des Tornado 13 CF6 – Power für Großraumflugzeuge 14 Lycoming GO-480-B1A6 – Lizenzfertigung bei BMW 15 MTU7042 – Erprobung einer LKW-Gasturbine 15 T64-MTU-7 – Lizenzbau in Deutschland 16 RB145R – Antrieb des VJ101C 16 RB193-12 – Antrieb für Senkrechtstarter 17 RB153 – Antrieb des VJ101E 17 J79 – Triebwerk des Starfighters 18 Tyne – Antrieb der Transall 19 BMW 6022 – Antrieb für den Bo105 19 DB 720 – Daimler-Nachkriegsära beginnt 20 BMW 801 – erster deutscher Doppelsternmotor 20 BMW 114 – Diesel-Flugmotor 21 BMW 003E – Schub für den Volksjäger 22 Riedel-Anlasser – Starter für Strahltriebwerke 23 BRAMO 323 R-1 „Fafnir“ – erfolgreichster BRAMO-Flugmotor 23 Daimler-Benz DB 605 – der „kleine“ Mercedes-Benz-Flugmotor 24 BMW 132 – Nachfolger des Hornet-Motors 25 Sh14A – erfolgreichster Siemens-Flugmotor 26 BMW VI – Erfolgsmotor der 1920er-Jahre 26 Daimler-Benz F4A – Vorläufer der DB 600-Familie 27 Daimler D IIIa – Ära der Kolbenflugmotoren beginnt 27 Exponate 28 Chirurg der Motoren 31 2 MTU_Museum_07_2009_01.qxd 27.08.2009 13:47 Uhr Seite 5 Vorwort Die Museumswelt wird nicht nur von großen Ausstellungen und Kunstgalerien jeder Couleur geprägt, sondern auch von technischen Samm- lungen, wie etwa dem Deutschen Museum in München.
  • Rolls-Royce / Itp Regulation

    Rolls-Royce / Itp Regulation

    EUROPEAN COMMISSION DG Competition Case M.8242 - ROLLS-ROYCE / ITP Only the English text is available and authentic. REGULATION (EC) No 139/2004 MERGER PROCEDURE Article 6(1)(b) in conjunction with Art 6(2) Date: 19/04/2017 In electronic form on the EUR-Lex website under document number 32017M8242 EUROPEAN COMMISSION Brussels, 19.04.2017 C(2017) 2613 final In the published version of this decision, some information has been omitted pursuant to Article PUBLIC VERSION 17(2) of Council Regulation (EC) No 139/2004 concerning non-disclosure of business secrets and other confidential information. The omissions are shown thus […]. Where possible the information omitted has been replaced by ranges of figures or a general description. To the notifying party: Subject: Case M.8242 – Rolls-Royce / ITP Commission decision pursuant to Article 6(1)(b) in conjunction with Article 6(2) of Council Regulation No 139/20041 and Article 57 of the Agreement on the European Economic Area2 Dear Sir or Madam, (1) On 24 February 2017, the European Commission received notification of a proposed concentration pursuant to Article 4 of the Merger Regulation by which the undertaking Rolls-Royce Holdings plc ("Rolls-Royce", United Kingdom) acquires within the meaning of Article 3(1)(b) of the Merger Regulation control of the whole of the undertaking Industria de Turbo Propulsores SA ("ITP", Spain) by way of a purchase of shares (the "Transaction").3 Rolls-Royce is designated hereinafter as the "Notifying Party", and Rolls-Royce and ITP are together referred to as the "Parties". 1 OJ L 24, 29.1.2004, p.
  • Read PDF # Articles on Aircraft Engine

    Read PDF # Articles on Aircraft Engine

    [PDF] Articles On Aircraft Engine Manufacturers Of Germany, including: Bmw 801, Bmw 003, Bramo 323, Bmw... Articles On Aircraft Engine Manufacturers Of Germany, including: Bmw 801, Bmw 003, Bramo 323, Bmw 803, Bmw 802, Bmw 132, Bmw Iv, Bmw V, Bmw Vi, Bmw Iiia, Bmw Vi 5,5, Bmw Vii Book Review Definitely among the best book I have possibly read. I have study and i am sure that i will going to go through once more once more later on. Your lifestyle span is going to be convert when you full looking at this publication. (Prof. Dam on K aut zer III) A RTICLES ON A IRCRA FT ENGINE MA NUFA CTURERS OF GERMA NY, INCLUDING: BMW 801, BMW 003, BRA MO 323, BMW 803, BMW 802, BMW 132, BMW IV, BMW V, BMW V I, BMW IIIA , BMW V I 5, 5, BMW V II - To read A rticles On A ircraft Eng ine Manufacturers Of Germany, including : Bmw 801, Bmw 003, Bramo 323, Bmw 803, Bmw 802, Bmw 132, Bmw Iv, Bmw V, Bmw V i, Bmw Iiia, Bmw V i 5, 5, Bmw V ii PDF, please access the link below and download the file or have accessibility to other information which might be relevant to Articles On Aircraft Engine Manufacturers Of Germany, including: Bmw 801, Bmw 003, Bramo 323, Bmw 803, Bmw 802, Bmw 132, Bmw Iv, Bmw V, Bmw Vi, Bmw Iiia, Bmw Vi 5,5, Bmw Vii book. » Download A rticles On A ircraft Eng ine Manufacturers Of Germany, including : Bmw 801, Bmw 003, Bramo 323, Bmw 803, Bmw 802, Bmw 132, Bmw Iv, Bmw V , Bmw V i, Bmw Iiia, Bmw V i 5, 5, Bmw V ii PDF « Our professional services was launched using a aspire to serve as a complete on the web digital catalogue which offers usage of great number of PDF file e-book catalog.
  • Los Motores Aeroespaciales, A-Z

    Los Motores Aeroespaciales, A-Z

    Sponsored by L’Aeroteca - BARCELONA ISBN 978-84-608-7523-9 < aeroteca.com > Depósito Legal B 9066-2016 Título: Los Motores Aeroespaciales A-Z. © Parte/Vers: 1/12 Página: 1 Autor: Ricardo Miguel Vidal Edición 2018-V12 = Rev. 01 Los Motores Aeroespaciales, A-Z (The Aerospace En- gines, A-Z) Versión 12 2018 por Ricardo Miguel Vidal * * * -MOTOR: Máquina que transforma en movimiento la energía que recibe. (sea química, eléctrica, vapor...) Sponsored by L’Aeroteca - BARCELONA ISBN 978-84-608-7523-9 Este facsímil es < aeroteca.com > Depósito Legal B 9066-2016 ORIGINAL si la Título: Los Motores Aeroespaciales A-Z. © página anterior tiene Parte/Vers: 1/12 Página: 2 el sello con tinta Autor: Ricardo Miguel Vidal VERDE Edición: 2018-V12 = Rev. 01 Presentación de la edición 2018-V12 (Incluye todas las anteriores versiones y sus Apéndices) La edición 2003 era una publicación en partes que se archiva en Binders por el propio lector (2,3,4 anillas, etc), anchos o estrechos y del color que desease durante el acopio parcial de la edición. Se entregaba por grupos de hojas impresas a una cara (edición 2003), a incluir en los Binders (archivadores). Cada hoja era sustituíble en el futuro si aparecía una nueva misma hoja ampliada o corregida. Este sistema de anillas admitia nuevas páginas con información adicional. Una hoja con adhesivos para portada y lomo identifi caba cada volumen provisional. Las tapas defi nitivas fueron metálicas, y se entregaraban con el 4 º volumen. O con la publicación completa desde el año 2005 en adelante. -Las Publicaciones -parcial y completa- están protegidas legalmente y mediante un sello de tinta especial color VERDE se identifi can los originales.
  • Livre 1.Indb

    Livre 1.Indb

    European Aeronautic Defence and Space Company EADS N.V. Registration Document 2010 European Aeronautic Defence and Space Company EADS N.V. (the “Company” or “EADS” and together with its subsidiaries, the “Group”) is a Dutch company, which is listed in France, Germany and Spain. The applicable regulations with respect to public information and protection of investors, as well as the commitments made by the Company to securities and market authorities, are described in this registration document (the “Registration Document”). In addition to historical information, this Registration Document includes forward-looking statements. The forward-looking statements are generally identified by the use of forward-looking words, such as “anticipate”, “believe”, “estimate”, “expect”, “intend”, “plan”, “project”, “predict”, “will”, “should”, “may” or other variations of such terms, or by discussion of strategy. These statements relate to EADS’ future prospects, developments and business strategies and are based on analyses or forecasts of future results and estimates of amounts not yet determinable. These forward-looking statements represent the view of EADS only as of the dates they are made, and EADS disclaims any obligation to update forward-looking statements, except as may be otherwise required by law. The forward-looking statements in this Registration Document involve known and unknown risks, uncertainties and other factors that could cause EADS’ actual future results, performance and achievements to differ materially from those forecasted or suggested herein. These include changes in general economic and business conditions, as well as the factors described in “Risk Factors” below. This Registration Document was prepared in accordance with Annex 1 of EC Regulation 809/2004, filed in English with, and approved by, the Autoriteit Financiële Markten (the “AFM”) on 19 April 2011 in its capacity as competent authority under the Wet op het financieel toezicht (as amended) pursuant to Directive 2003/71/EC.
  • Impressum Zum Geleit 3 Am Anfang Stand Der Antrieb 8 Die Große Zeit

    Impressum Zum Geleit 3 Am Anfang Stand Der Antrieb 8 Die Große Zeit

    Impressum 2 Zum Geleit 3 Am Anfang stand der Antrieb 8 Die große Zeit der Kolbenflugmotoren 10 Die Ausgliederung des Flugmotorenbaus bei BMW im Jahre 1934 10 Der BMW VI setzt sich durch 13 Die BMW 132-Motorenfamilie 16 Pionierflüge mit BMW 132 17 BMW 139-Nachfolger des BMW 132 ' 18 Flugdieselmotoren-Entwicklung 18 Große flüssigkeitsgekühlte Flugmotoren von BMW > 19 Siemens-Flugmotoren-Tradition f 20 Kleinflugmotor Sh 14A 22 Erste Hubschrauberantriebe bei Siemens und Bramo 23 Eingliederung der Bramo in die BMW 25 Das BMW-Werk 2 in Allach entsteht 26 Der BMW 800 —ein unbekannter Bruder des BMW 801 27 Der BMW 801 28 Das Kommandogerät 29 Die Triebwerkfamilie BMW 801 30 BMW 801 Höhenmotor-Versionen 32 Vom BMW 802 bis zum BMW 805 34 Von Daimler und Benz zu Daimler-Benz 36 Erste Flugmotoren von Gottlieb Daimler und Karl Benz 36 Flugmotorenentwicklungen ab 1925 39 Der Einspritzmotor DB 601 41 http://d-nb.info/860071596 Rekorde mit Daimler-Benz-Motoren Daimler-Benz-Dieselmotoren DB 603 - der große Daimler-Benz-Flugmotor Abgasturboladerentwicklungen bei Daimler-Benz DB 605 - der kleine Daimler-Benz-Flugmotor Flugmotorenentwicklungen bei der MAN Mana III und Mana IV Ein zweiter Anlauf bei MAN Die Anfänge der Strahltriebwerkentwicklung Strahltriebwerke von Bramo und BMW Erste Projektarbeiten bei den Brandenburgischen Motorenwerken TL-Projektarbeiten bei BMW in München Prinzip- und Komponentenversuche Das Weinrich-Triebwerkprojekt Erstlauf des Triebwerks BMW P 3302 im Jahre 1941 Prüfstands- und Flugerprobung des BMW P 3302 V1 bis V10 Das Projekt BMW
  • Ahead of Its Time 75 Years of MTU History

    Ahead of Its Time 75 Years of MTU History

    Annual Report 2008 Ahead of its time 75 years of MTU history. 100 years of aviation expertise. WorldReginfo - a6a23212-0bdc-4ce2-9f68-998dbc575eab Order backlog by segments (without consolidation) in € million Revenues by segments (without consolidation) in € million OEM MRO OEM MRO 2004 3,236.0 2,125.0 2004 1,375.6 575.9 2005 3,433.8 3,703.6 2005 1,434.8 766.9 2006 3,218.4 3,804.4 2006 1,483.1 954.7 2007 3,216.8 5,139.6 2007 1,599.5 1,004.7 2008 3,884.5 5,361.2 2008 1,642.9 1,113.0 EBITDA adjusted by segments (without consolidation) in € million Net profit in € million OEM MRO 2004 131.3 42.7 2004 0.2 2005 162.4 77.8 2005 32.8 2006 217.7 103.4 2006 89.1 2007 305.7 87.9 2007 154.1 2008 330.3 78.9 2008 179.7 WorldReginfo - a6a23212-0bdc-4ce2-9f68-998dbc575eab Selected consolidated financial information and key figures at a glance Change in € million (unless otherwise specified) 2008 - 2007 2008 2007 2006 Revenues and earnings Revenues 148.4 5.8 % 2,724.3 2,575.9 2,416.2 thereof: commercial and military engine business (OEM) 43.4 2.7 % 1,642.9 1,599.5 1,483.1 thereof: commercial maintenance business (MRO) 108.3 10.8 % 1,113.0 1,004.7 954.7 Earnings before interest, tax, depreciation and amortization (EBITDA) 15.6 4.0 % 408.5 392.9 335.6 Earnings before interest and tax (EBIT) 5.0 2.1 % 248.3 243.3 183.8 Net profit 25.6 16.6 % 179.7 154.1 89.1 Earnings (adjusted) Earnings before interest, tax, depreciation and amortization (EBITDA adjusted) 12.8 3.3 % 405.7 392.9 318.2 Earnings before interest and tax (EBIT adjusted) 18.4 5.9 % 331.0 312.6
  • 2019 UNIVERSAL REGISTRATION DOCUMENT Including the Annual Financial Report CONTENTS

    2019 UNIVERSAL REGISTRATION DOCUMENT Including the Annual Financial Report CONTENTS

    2019 UNIVERSAL REGISTRATION DOCUMENT Including the Annual Financial Report CONTENTS EXTRACT FROM THE INTEGRATED REPORT 2 5 NON-FINANCIAL SAFRAN AT A GLANCE 3 PERFORMANCE 241 EDITORIAL 4 5.1 Organization and management of non‑financial performance 242 GROUP PROFILE 6 5.2 Key non‑financial risks 246 ECOSYSTEM 12 5.3 Business ethics, export and customs controls 251 STRATEGY AND BUSINESS MODEL 18 5.4 Responsible purchasing 256 5.5 Climate and environment 258 CORPORATE GOVERNANCE 40 5.6 Health and safety 265 PERFORMANCE AND VALUE CREATION 46 5.7 Human resources 268 5.8 Social dialogue 275 5.9 Social impact 276 5.10 Methodological note and ITP report 278 5.11 Cross‑reference table for the Non‑financial Information Statement 284 PRESENTATION 1 OF THE GROUP 49 6 1.1 Safran overview 50 CORPORATE GOVERNANCE 287 1.2 Group businesses 54 6.1 Safran’s corporate governance structure 288 1.3 Competitive position 74 6.2 Membership structure of the Board Research and development 74 1.4 of Directors 291 1.5 Industrial investments 81 6.3 Operating procedures and work of Sites and production plants 83 1.6 the Board of Directors and the Board Safran performance and quality policy 84 1.7 Committees 324 6.4 Application of the AFEP‑MEDEF Corporate Governance Code 334 6.5 Directors’ interests in the Company’s share capital 334 2 REVIEW OF OPERATIONS IN 2019 6.6 Compensation policy and compensation AND OUTLOOK FOR 2020 87 packages for corporate officers 335 6.7 Cross‑reference table for the corporate 2.1 Comments on the Group’s performance governance report prepared
  • Levavasseur.- Continua De La Parte 9

    Levavasseur.- Continua De La Parte 9

    Sponsored by L’Aeroteca - BARCELONA ISBN 978-84-608-7523-9 < aeroteca.com > Depósito Legal B 9066-2016 Título: Los Motores Aeroespaciales A-Z. © Parte/Vers: 10/12 Página: 2701 Autor: Ricardo Miguel Vidal Edición 2018-V12 = Rev. 01 (Levavasseur.- Continua de la Parte 9) -Además en varias ocasiones aparecen los Antoinettes como motores Levavasseur también. No confundir con Levassor, de Panhard. “Leon Levavasseur” -Genial y de apariencia inconfundible, con su gorra mari- nera y un curioso pelo negro en la cabeza y barba peliroja. En la foto con el presidente de la República en el “meeting” de Reims en 1909. -Aprovechamos para insertar en éste capítulo el raro motor “Anuncio de los Antoinette” Antoinette de ¡20! cilindros en V. -Del Apendice 7: Ferdinand Ferber encargó a Leon Leva- vasseur un motor algo especial para su avión Número 8. -Por el capitulo Levavasseur y Antoinette, vemnos que sus motores eran basicamente V-8. -El encargo de Ferber fué el de hacer dos partes con 24 CV en total, cada una moviendo una hélice y ambas contrarotatorias para no afectar el efecto par de torsión y ganar control. “Levavasseur-Antoinette, de 20 cilindros en V” * * * El Mecanico de Aviación -Con los motores a piston, el mantenimiento era más arduo. Con la llegada de las turbinas se aligeró bastante la carga manual pero la intelectual pasó a ser superior. Sponsored by L’Aeroteca - BARCELONA ISBN 978-84-608-7523-9 Este facsímil es < aeroteca.com > Depósito Legal B 9066-2016 ORIGINAL si la Título: Los Motores Aeroespaciales A-Z. © página anterior tiene Parte/Vers: 10/12 Página: 2702 el sello con tinta Autor: Ricardo Miguel Vidal VERDE Edición: 2018-V12 = Rev.
  • BMW Mobile-Tradition Live 03/2005

    BMW Mobile-Tradition Live 03/2005

    History moves with us www.bmw-mobiletradition.com | Mobile Tradition | Volume 03 | Issue 03 | November 2005 Mobile Tradition live Facts and background Farmobil and three-wheelers Small utility vehicles by BMW Page 12 – 15 Radial engines by BMW In the 1930s, BMW strengthened its position with successful aircraft engines Page 18 – 25 Willy Huber A lake-dwelling metal artist built the first postwar BMW racing bodies Page 32 – 37 BMW and Daimler-Benz Cooperation between the two companies in the motoring sector from 1926 to 1934 Page 42 – 45 Architecture and zeitgeist Looking back on the BMW Museum, which opened in 1973 Page 46 – 49 Man of transition Ernst Kämpfer was BMW’s unofficial BMW radial engines – aircraft construction in the 1930s Page 18 helmsman in the late 1950s Page 52 – 55 Willi Faust and Karl Remmert Surprise World Champions Willi Faust and Karl Remmert were the “These, gentlemen, are the future World they would dominate the event as nobody rising stars of sidecar racing in 1955 Champions of the sidecar class!” pro- could hold a candle to them any more. Page 56 – 59 claimed four-times title-winner Eric Oliver And he proved right. At the close of the after the first World Championship race in season the two privateers Willi Faust and Barcelona’s Parque Montjuïc in 1955. If Karl Remmert were World Champions and Faust and Remmert carried on performing played their part in BMW’s legendary run as they had done that day, he continued, of sidecar victories. Anniversaries in 2005 85 years ago M 2 B 15 – BMW’s first motorcycle engine Page 10 75 years ago In the shadow of the castle – BMW 3/15 DA 3 Wartburg Page 10 15 years ago FIZ is opened Page 11 International Tourist Trophy 1955: Noll/Cron ahead of Faust/Remmert in the Manx Arms Corner.