Deutz sees first quarter orders drop but profits rise

Deutz, the German motor manufacturer, reported first quarter 2015 new orders down 22.5%, but profit rose slightly on the same period last year. A Deutz statement said new orders received for the first three months totalled €321 million, down from €414.2 million last year.
April 24, 2015 Read time: 1 min

201 Deutz, the German motor manufacturer, reported first quarter 2015 new orders down 22.5%, but profit rose slightly on the same period last year.

A Deutz statement said new orders received for the first three months totalled €321 million, down from €414.2 million last year.

Unit sales fell by 17%, from around 44,460 engines to just over 36,900 engines. “Much of this decrease is due to the strong sale of engines in the prior-year period ahead of the latest EU exhaust emissions standard,” said the statement.

Revenue amounted to €318.1 million, down by 7.2% from €342.7 million reported a year earlier and in line with performance that was expected for the beginning of 2015.

For more information on companies in this article

Related Content

  • Volvo CE posts 6% Q4 sales increase
    February 4, 2021
    After a steep drop in demand in the first half of 2020 due to the Covid-19 pandemic, Volvo Construction Equipment (Volvo CE) says it has recovered well and achieved improvements in both sales and operating income in the fourth quarter of the year.
    Read More
  • Indonesian road firm PT Hutama Karya bullish
    February 14, 2020
    The state-owned Indonesian road firm, PT Hutama Karya, is bullish with strong results.
    Read More
  • Dutch road deaths plummet
    August 24, 2012
    Dutch road deaths have nearly halved in the last 15 years, according to new figures by the country’s central statistics bureau CBS. There were 661 road deaths in the Netherlands in 2011, down 47% from 1,251 in 1996. For passenger cars over the same period there was a 73.5% decrease in road fatalities, from 609 to 221.
    Read More
  • Deutz develops low emission diesel range
    January 6, 2017
    The new Tier 4 Final/Stage IV emission certified engine range from Deutz is being introduced. This complete line-up of diesels meets the coming noise and exhaust emission requirements in Europe and the US and offers capacities from 2.9-16litres. The low emissions performance is achieved using the Deutz DVERT technology, a package of technical solutions that is used in modular form with varying options used to ensure each engine capacity meets the requirements. Compact design and high torque output are claim
    Read More

Highlighted Content