Deutz is bullish with strong performance

Deutz has announced promising preliminary results for the first quarter of 2017. The firm claims a successful start to the 2017 financial year, with a marked increase in new orders and revenue, as well as an improved operating profit. New orders hit €403.2 million, a 23.2% increase on the first three months of last year when the figure was €327.3 million. In addition, the performance represents a 23.6% gain over the fourth quarter of 2016 when the figure was €326.1 million. At 37,153 engines, unit sales wer
April 27, 2017 Read time: 2 mins
201 Deutz has announced promising preliminary results for the first quarter of 2017. The firm claims a successful start to the 2017 financial year, with a marked increase in new orders and revenue, as well as an improved operating profit. New orders hit €403.2 million, a 23.2% increase on the first three months of last year when the figure was €327.3 million. In addition, the performance represents a 23.6% gain over the fourth quarter of 2016 when the figure was €326.1 million. At 37,153 engines, unit sales were up by 15.7% on both the prior-year period at 32,112 engines as well as the previous quarter in 2016 at 32,100 engines. Revenue came to €352.5 million, a year-on-year rise of 17.4% for the first quarter of 2016 when the figure was €300.2 million. The performance was also 12% higher than in the fourth quarter of 2016 when the figure was €314.7 million.


At €7.6 million, operating profit was on a par with the first quarter of last year. However, the figure for the prior-year period had been boosted by a contribution of €5.5 million from a licensing transaction in the DEUTZ Customised Solutions segment. Compared with the fourth quarter of 2016, EBIT before exceptional items went up by €3.9 million. The EBIT margin (before exceptional items) was 2.2% in the quarter under review. In the first quarter of 2017, the disposal of a building lease generated a positive exceptional item of €10 million. As a result, there was a marked increase in EBIT after exceptional items, which climbed to €17.6 million. Free cash flow also improved by a substantial €68.6 million to reach €39.7 million.

For 2017 as a whole, DEUTZ is reiterating its forecast of a marked rise in revenue and a moderate increase in the EBIT margin before exceptional items.

Engines, Components & Tyres Finance & Funding

For more information on companies in this article

Related Content

  • Deutz unveils medium size, Tier 4 engine in China
    November 28, 2012
    Engine manufacturer Deutz showed its Tier 4 exhaust emissions standard TCD 3.6 L4 engine to the Chinese market for the first time. Described by Deutz as ultra-compact, this water-cooled four-cylinder engine covers the 55.4-97kW power output range and is claimed to generate a power output comparable with that of a 4.5litre, turbocharged Tier 3 engine. Deutz went on to say that rigorous engine downsizing now provides its customers with additional installation space for exhaust after treatment components. The
    Read More
  • Deutz sees alternative fuels and combustion engines as the power of the future
    March 17, 2023
    Deutz believes electric engines will be key players in the future. Yet Markus Mueller, the company’s chief technology officer, also sees limits that will require alternatives to electricity in the future.
    Read More
  • Plan to increase road spending in Washington State
    July 3, 2015
    Washington State in the US is considering plans to develop infrastructure in the city of Spokane. The spending however hinges on whether the state will opt to increase local fuel taxes, which could raise the funds necessary. If the increased taxes are voted for, the extra funds could pay for transit and road projects worth over US$1 billion in the Spokane area. Around $879 million would be used for the completion of the North Spokane Corridor. Between Spangle and Colfax, while there would be upgrades to US
    Read More
  • Denmark lags the rest of Europe in the sales of electric car
    January 10, 2018
    Denmark is seeing sluggish sales of electric cars while consumers in other European countries are getting more than ever plugged in. Sales of electric cars in Denmark continue to decline despite a cut last year in the registration fee for buyers. Nearly 650 units were sold last year, compared to 966 for 2016, according to government figures. It costs 20% less to register an electric vehicle than a petrol-powered or diesel one. Meanwhile, in Germany, Romania and Portugal, sales continue to rise. At the
    Read More

Highlighted Content