"MTU Aero Engines is the 8th company to go public on the Frankfurt Stock Exchange this year", said Rudolf Ferscha, Chairman of the Executive Management of the Frankfurt Stock Exchange and member of the Executive Board of Deutsche Börse AG responsible for Trading and Clearing Services. "With an issuing volume of €2.3 billion since the beginning of 2005, Frankfurt is the second most active market for new issues in Europe", Ferscha added.
Together with MTU Aero Engines, 77 industrial companies are now included in the Prime Standard segment ‘industrial companies’ sector index; including the four heavy machinery companies MTU Aero Engines, Deutz, EADS and Sauer-Danfoss.
MTU Aero Engines ranks among the world’s leading manufacturer of engine modules and components and is the largest independent provider of commercial engines services. The company manufactures engine modules and components for major European military engine programs. In 2004 MTU Aero Engines generated sales of around €1.9 billion.
Issuers can choose between clearly defined segments fort he admission of their shares to the FWB: Deutsche Börse offers issuers in the Prime and General Standard segments a listing in accordance with European transparency requirements. The exchange regulated market of the Frankfurt Stock Exchange offers smaller companies a cost-effective alternative enabling their shares to be traded in the market.