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

  • Improved financial performance for German engine builder Deutz
    March 2, 2012
    Deutz says it is seeing improved financial performance, recording an operating profit of €42.2 million in 2010.
    Read More
  • Powertrain innovations delivering cleaner solutions
    May 10, 2018
    The push towards cleaner-running driveline developments from engine firms is continuing - Mike Woof writes. Sophisticated driveline developments are being seen right across the engine and drivetrain segment, with new low emission technologies being unveiled. High performance and extended service intervals are claimed, while tailpipe emissions have been reduced to meet the coming EU Stage V and latest US Tier 4 Final requirements. But different firms are taking different routes to delivering cleaner tailp
    Read More
  • Volvo CE achieve best ever Q1 sales
    April 27, 2012
    Volvo CE has reported record first quarter year sales. Sales between January 1 and March 31, 2012 were up 17% on the same three months of 2011. Despite a 26% decline in the overall construction machine sales market in China during the first quarter of this year, Volvo CE says it maintained sales in the country and reinforced what the company claims is its number one position in the Chinese wheel loader and excavator market together with its joint-venture partner, SDLG. Volvo CE says it achieved a 111% incre
    Read More
  • Cummins' strong sales & revenues
    February 4, 2022
    Cummins, the US-headquartered off-highway engine sector giant, saw its year-on-year revenues rise 21% to US$24 billion in 2021.
    Read More

Highlighted Content