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Mon, 01.07.2024
DEUTZ AG
Advantages for German locations due to broader supplier base
Cooperation to be extended to green drives
Cologne, July 1, 2024 – DEUTZ is adding another cornerstone to its Dual+ strategy, which includes both the further development of alternative drive systems and the expansion of the internal combustion engine business. The cooperation with the [ … ]
Wed, 08.05.2024
DEUTZ AG
Actions of the Supervisory Board formally approved by a large majority; shareholders also vote in favor of all management proposals
Dividend increased to €0.17 per share approved
Green segment now has its own CEO: Bert van Hasselt takes responsibility for alternative drive development with immediate effect
Cologne, May 8, 2024 – At today’s virtua [ … ]
Tue, 30.04.2024
DEUTZ AG
PRESS RELEASE
DEUTZ delivers robust performance at the start of the new year – stable margin despite a fall in demand as a result of economic conditions
Strategic and operational measures take effect in a challenging first quarter; revenue from continuing operations reaches €454.7 million in a difficult economic environment (down by 10.3 percent [ … ]
Tue, 19.03.2024
DEUTZ AG
DEUTZ achieves record earnings and looks ahead to the new year with confidence
Revenue up by almost 8% to €2.1 billion in 2023
Guidance met third year in a row
Adjusted group earnings up by 34.7% to €120.4million
Adjusted earnings cont. operations up by 38.7% to €143.6million
Cologne, March 19, 2024 – Within a persistently challenging macroeco [ … ]
Thu, 09.11.2023
DEUTZ AG
Revenue increases by around 10 % to €1.54 billion in the nine-month period
Adjusted EBIT up by around 40 % to €92.7 million in the nine-month period – 2023 guidance for the adjusted EBIT margin raised to between 5.3 % and 5.8 % (previously: around 5 %)
New orders hold steady in Q3 2023 (up by 0.5 % compared with Q3 2022)
First volume production [ … ]
Thu, 10.08.2023
DEUTZ AG
Adjusted EBIT rises by almost 50 percent to €62.5 million
Revenue increases by 10.0 percent to €1.02 billion
At €0.99 billion, new orders are down slightly compared with the high level in the prior-year period
DEUTZ confirms it is likely to reach the upper end of the forecast ranges for 2023
Cologne, August 10, 2023 – DEUTZ maintained its growth [ … ]
Thu, 04.05.2023
DEUTZ AG
Adjusted EBIT more than doubles to €32.1 million year on year
Free cash flow increases by €15.7 million to €10.8 million
DEUTZ expects to reach the upper end of the guidance ranges for 2023
Cologne, May 4, 2023 – DEUTZ stayed the course for growth in the first quarter of 2023: With an increase in unit sales of 10.6 percent[1] year on year, the ma [ … ]
Thu, 04.05.2023
DEUTZ AG
Adjusted EBIT more than doubles to €32.1 million year on year
Free cash flow increases by €15.7 million to €10.8 million
DEUTZ expects to reach the upper end of the guidance ranges for 2023
Cologne, May 4, 2023 – DEUTZ stayed the course for growth in the first quarter of 2023: With an increase in unit sales of 10.6 percent[1] year on year, the ma [ … ]
Wed, 29.03.2023
DEUTZ AG
Authorities have granted full approval to the cooperation with Daimler Truck
Daimler Truck with a 4.19 percent stake in DEUTZ
At the end of January, DEUTZ AG (DEUTZ) announced a comprehensive cooperation with Daimler Truck AG (Daimler Truck). The transactions include both medium-duty engines (Daimler Truck MDEG series), which are suitable for use [ … ]
Wed, 29.03.2023
DEUTZ AG
Authorities have granted full approval to the cooperation with Daimler Truck
Daimler Truck with a 4.19 percent stake in DEUTZ
At the end of January, DEUTZ AG (DEUTZ) announced a comprehensive cooperation with Daimler Truck AG (Daimler Truck). The transactions include both medium-duty engines (Daimler Truck MDEG series), which are suitable for use [ … ]