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DE0006305006
Thu, 07.11.2024       DEUTZ AG

Amid challenging conditions, DEUTZ remains profitable and provides details of cost program Adjusted EBIT margin of 4.4% in first nine months of 2024, despite slump in demand New orders only just below level of prior-year period thanks to successful portfolio development Cost program sets out steps for permanent savings of at least €50 million Col [ … ]
Tue, 08.10.2024       DEUTZ AG

DEUTZ updates its growth strategy and reduces costs sustainably Greater diversification for more profitable growth and a more resilient setup Further strategic development of the portfolio with the new Solutions segment Revenue target of €4.0 billion by 2030, new mid-term targets defined Cost program with sustainable savings of €50 million set  [ … ]
Thu, 03.10.2024       DEUTZ AG

DEUTZ AG adjusts guidance for FY 2024 due to weak demand caused by economic conditions Cologne, October 3, 2024 – DEUTZ AG (ISIN DE0006305006) adjusts its guidance for the current financial year due to cyclically-induced decline in demand in the wake of the economic environment. In particular, unit sales and new orders in the third quarter were be [ … ]
Thu, 19.09.2024       DEUTZ AG

Change in the CFO position at DEUTZ AG CFO and Labour Director Timo Krutoff to leave DEUTZ AG at the end of November Oliver Neu, Head of Finance & Controlling, to take over the Management Board position Change will be effective from October 1, 2024 Cologne, September 19, 2024 - Timo Krutoff is leaving DEUTZ AG on November 30, 2024 by amicabl [ … ]
Thu, 19.09.2024       DEUTZ AG

Change in the CFO position at DEUTZ AG CFO and Labour Director Timo Krutoff to leave DEUTZ AG at the end of November Oliver Neu, Head of Finance & Controlling, to take over the Management Board position Change will be effective from October 1, 2024 Cologne, September 19, 2024 - Timo Krutoff is leaving DEUTZ AG on November 30, 2024 by amicabl [ … ]
Thu, 08.08.2024       DEUTZ AG

Revenue and earnings performance underscore increasing resilience At 5.7%, the adjusted EBIT margin is within the forecast target range for 2024 As expected, new orders declined further owing to sustained market weakness Important milestones for future growth reached: completion of transactions for Blue Star Power Systems acquisition and alliance w [ … ]
Wed, 03.07.2024       DEUTZ AG

NOT FOR DIRECT OR INDIRECT PUBLICATION OR DISTRIBUTION, EITHER IN FULL OR IN PART, INTO OR WITHIN THE UNITED STATES OF AMERICA, AUSTRALIA, CANADA, OR JAPAN OR ANY OTHER COUNTRIES IN WHICH THIS WOULD CONSTITUTE AN INFRINGEMENT OF THE PERTINENT LAWS OF THOSE COUNTRIES. Cologne, July 3, 2024 – DEUTZ AG has used part of its authorized capital to succe [ … ]
Tue, 02.07.2024       DEUTZ AG

NOT FOR DIRECT OR INDIRECT PUBLICATION OR DISTRIBUTION, EITHER IN FULL OR IN PART, INTO OR WITHIN THE UNITED STATES OF AMERICA, AUSTRALIA, CANADA, OR JAPAN OR ANY OTHER COUNTRIES IN WHICH THIS WOULD CONSTITUTE AN INFRINGEMENT OF THE PERTINENT LAWS OF THOSE COUNTRIES. Cologne, July 2, 2024 – The Board of Management of DEUTZ AG (ISIN DE0006305006) h [ … ]
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  [ … ]
Thu, 27.06.2024       DEUTZ AG

Cologne, June 27, 2024 DEUTZ AG (ISIN DE0006305006), based in Cologne (Germany), today signed an agreement through its wholly owned indirect subsidiary DEUTZ Corporation, based in Atlanta (USA), to acquire all of the shares in Blue Star Power Systems, Inc. (‘Blue Star Power Systems’) from Blue Star Power Systems Holdings, Inc. Currently privately r [ … ]

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Sunday, 24.11.2024, Calendar Week 47, 329th day of the year, 37 days remaining until EoY.