Record Revenue
Group revenues increased 16% to EUR 8.7 billion in 2025, a new company record and in line with updated guidance.
Strong Profitability and Margin Expansion
Adjusted EBIT rose 29% to EUR 1.35 billion, yielding a margin of 15.5%; adjusted net income increased 27% to EUR 968 million.
All-time High Free Cash Flow
Free cash flow reached a record EUR 378 million in 2025, exceeding previous peaks despite the GTF fleet management plan.
Material Dividend Increase
Proposed dividend increased 64% to EUR 3.60 per share for 2025 (payout ratio ~20%), signalling progress toward the 40% target.
Robust Order Book and New Orders
Order book stands at EUR 29.5 billion (sold out ~3 years); more than USD 2 billion in new commercial orders in 2025 across GTF, GEnx and GE9X.
GTF Program Strength and Fleet Metrics
GTF commitments exceed 13,000 engines; 2025 saw >1,500 customer orders/commitments; GTF family has >50 million flight hours, >2,600 aircraft and enabled ~2.8 billion gallons fuel saved.
Product & Certification Milestones
GTF Advantage received FAA and EASA certification; Hot Section Plus retrofit announced by Pratt & Whitney; first GE9X deliveries targeted (though entry into service shifted).
MRO Network Expansion
Capacity investments: EME Aero (Poland) second test cell (500 GTF shop visits/yr from 2028), MTU Zhuhai total capacity >700 shop visits/yr, Fort Worth expansion to support LEAP/GE engines and full disassembly/assembly/testing.
Improved Financial Position & Hedging
Net debt ~EUR 1.1 billion with net debt/EBITDA <1; hedge coverage ~80% of net USD exposure for 2026 at an average rate of 1.13; Moody's upgraded to Baa2 and Fitch confirmed BBB.
Sustainability & Operational Energy Milestone
New Munich geothermal plant operating since Dec 2025 (covers ~80% of heating needs); target to reduce CO2 emissions 63% by 2035 vs 2024; EcoVadis silver medal awarded.