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Deutz AG

Deutz AG

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Deutz AG

GICS: 20106010 · Sector: Engines · Sub-Sector: -

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EQS Newswire is a major provider of regulatory and corporate news. It mainly serves companies, investors and media worldwide. Through its services, EQS Newswire enables efficient and secure communication between companies and their stakeholders. Its main services include the distribution of ad hoc announcements, corporate news and the publication of financial reports that meet strict international standards.

Sun, 06.04.2025

DEUTZ acquires developer of electrification solutions UMS Cologne, April 6, 2025 – Today, DEUTZ Group signed a purchase agreement for 100% of the shares in UMS Holding B.V. ("UMS"), based in Oss, The Netherlands. UMS is a developer and provider of electrification solutions, especially for off-highway vehicles, and operates as an advanced start-up ...

Research & Analysis

Thu, 20.03.2025

Adjusted guidance fully achieved, adjusted EBIT comfortably in positive territory despite weak economy, slight increase in new orders Portfolio development and efficiency measures are increasingly paying off Cologne, March 20, 2025 – DEUTZ felt the effects of the persistent, cyclical weakness in demand in 2024, but nevertheless ended the year suc...

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Thu, 07.11.2024

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...

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Tue, 08.10.2024

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 ...

Research & Analysis

Thu, 03.10.2024

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...

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Thu, 19.09.2024

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...

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Thu, 19.09.2024

Research & Analysis

Thu, 08.08.2024

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...

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Wed, 03.07.2024

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...

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Tue, 02.07.2024

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...

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