Deutz delivers on strong corporate results

German engine maker Deutz reports that its financial results reveal a successful level of trading for the first half of 2018. The firm’s preliminary financial results for the first half of 2018 show that the volume of new orders rose by 36.6% compared with the same period in the previous year. New orders hit €1.097 billion compared with €803 million in the first half of 2017. Following the strong start to the year, new orders were also very high at €522 million in the second quarter of 2018, a 30.5% increas
July 11, 2018 Read time: 2 mins
German engine maker 201 Deutz reports that its financial results reveal a successful level of trading for the first half of 2018. The firm’s preliminary financial results for the first half of 2018 show that the volume of new orders rose by 36.6% compared with the same period in the previous year. New orders hit €1.097 billion compared with €803 million in the first half of 2017. Following the strong start to the year, new orders were also very high at €522 million in the second quarter of 2018, a 30.5% increase on the second quarter of 2017 when new orders were €400 million. Orders on hand rose by €60 million compared with the previous quarter and reached €488 million.


The unit sales figure for the first half of 2018 was 105,201 engines, including 6,345 electric motors sold under the Torqeedo brand. This was 32.2% higher than in the previous year when 79,599 engines were sold. Revenue came to €878 million, a 20% increase over the €735 million for the first half of 2017. In the second quarter of 2018, revenue totalled €463 million, which was 11.6% higher than in the prior-year period and 21.2% more than in the first quarter of this year. Revenue in the first quarter of 2018 reached €415 million. And for the second quarter in 2017, revenue reached €382 million.

Operating profit (EBIT before exceptional items) more than doubled to €48 million compared with the €23 million from the first half of 2017. Second-quarter operating profit was €26 million, a jump of more than 70% compared with the €15 million from same period in the previous year. This also showed an increase of nearly 20% compared to the €22 million of the previous quarter. The EBIT margin (before exceptional items) improved to 5.5% in the first six months after 3.1% in the previous year period. In the second quarter 2018, the EBIT margin was 5.7%, up from 4% in the second quarter 2017 and 5.2% in the previous quarter.

“The start to the new business year has clearly exceeded our expectations,” commented Dr Frank Hiller, chairman of the DEUTZ Board of Management, adding, “The sharp increase of the EBIT margin signals that the measures introduced to improve earnings are showing its effect.”

The full interim report for the first half of 2018 containing the final results including the valuation adjustment of the joint venture DEUTZ Dalian will be published on 2nd August 2018.

Engines, Components & Tyres

For more information on companies in this article

Related Content

  • Bosnia Herzogovina highway project receiving EBRD loan
    September 12, 2018
    A loan from the European Bank for Reconstruction and Development (EBRD) worth €180 million will help to pay for the construction of the Corridor Vc highway project. This highway is of key importance for the economic development of Bosnia and Herzegovina as it will provide and improved transport connection with Europe. The loan will help to pay for the construction of three new sections of Corridor Vc, measuring some 16km. The loan will be provided in two tranches, with the first of up to €120 million and b
    Read More
  • Ireland and Scotland link?
    March 1, 2018
    Politicians in Northern Ireland have again raised the prospect of bridge to link western Scotland the Irish island, according to media reports. The road and rail crossing as envisaged by the Democratic Union Party would cost close to €23 billion. It would run between the Irish town of Larne in County Antrim and the Dumfries and Galloway coastline in Scotland. The DUP said in its manifesto for the 2015 UK general election that there should be a feasibility study into building a bridge or tunnel.
    Read More
  • Strabag raises 2011-2012 outlook
    May 9, 2012
    After a solid first quarter 2011, Strabag, Central and Eastern Europe’s largest construction company, has raised its outlook for the financial years 2011 and 2012. According to the new forecast, Strabag expects an output volume of €14 billion in 2011 (previous target €13.5 billion), with earnings before interest and taxes (EBIT) forecast to increase to €320 million, after €295 million had been predicted. For 2012, the company had expected an output volume of €13.7 billion and an EBIT of €300 million, whi
    Read More
  • French road roller market growth
    March 25, 2019
    The French road roller market has increased for the past three years and rose 37% in 2018. Growth was also strong in 2016 with +31% and then +22% in 2017. The market has exceeded 2,000 units. Sales were supported by distribution networks, but the road roller market is also a rental market. Renters were very active in 2018. Sales levels in general for 2018 in the road construction equipment industry were never higher, according to CISMA the French trade body for construction, infrastructure, the steel
    Read More

Highlighted Content