Deutz sees new orders rise 43% in Q1 this year

German engine manufacturer Deutz saw new orders rise in the first quarter 2018 by nearly 43% per cent year-on-year to almost €575 million. The figure for the corresponding period in 2017 was €403 million, while in the fourth quarter of 2017 it was nearly €383 million. The company said that the significant rise in new orders was partly due to very favourable business conditions as well as to changed customer procurement behaviour. In the light of the strong demand and the introduction of emissions standard
April 17, 2018 Read time: 2 mins
German engine manufacturer 201 Deutz saw new orders rise in the first quarter 2018 by nearly 43% per cent year-on-year to almost €575 million.


The figure for the corresponding period in 2017 was €403 million, while in the fourth quarter of 2017 it was nearly €383 million.

The company said that the significant rise in new orders was partly due to very favourable business conditions as well as to changed customer procurement behaviour. In the light of the strong demand and the introduction of emissions standard EU Stage V in the coming year, customers placed their orders early in order to be sure of securing delivery.

The unit sales figure for the first quarter of 2018 was 48,458 engines, including 2,133 electric motors sold under the Torqeedo brand. This was 30.4% higher than in the first quarter of the previous year (37,153 engines) and 11.7% up on the previous quarter (43,367 engines).

Revenue came to €414.5 million, a 17.6% increase on the first three months of last year (Q1 2017: €352.5 million) and 7.4% more than in the previous quarter (Q4 2017: €385.9 million).

Operating profit (EBIT before exceptional items) increased year on year by €14.1 million to €21.7 million in the first quarter of 2018.

Compared with the fourth quarter of 2017, EBIT before exceptional items went up by €7.1 million. The EBIT margin (before exceptional items) improved from 2.2% in the first three months of 2017 to 5.2% in the reporting period.

“We are taking this tailwind with us into the second quarter,” said Frank Hiller, chairman of Deutz. “Although we expect to see the usual seasonal decline in the summer quarter, we anticipate that this will be less pronounced than in previous years.”

Finance & Funding

For more information on companies in this article

Related Content

  • Italian manufacturer body Unacea reveals machine exports
    October 31, 2014
    The Italian construction equipment manufacturer body Unacea has revealed comprehensive information on machine sales and exports. The data shows that construction machine sales in Italy grew 12% in the first nine months of 2014. However exports fell 7% and Unacea believes that the export performance of Italian manufacturers on the world market will have shrunk by the end of the year compared with the figures for 2013. Over the first nine months of 2014, construction equipment sold in the Italian market sto
    Read More
  • Caterpillar’s healthy second quarter results
    August 2, 2023
    Caterpillar is reporting healthy second quarter results for 2023.
    Read More
  • VDMA’s optimistic 2014 outlook
    February 21, 2014
    The VDMA has given an optimistic 2014 performance forecast for the German construction equipment and building material machinery industry. Compared to the previous year, industry turnover declined slightly in 2013 by 6% to €11.7 billion. But incoming orders for construction equipment are said by the VDMA to have risen by 7% in 2013, compared to 2012. The VDMA predicts a 5% turnover rise in 2014, compared to the previous 12 months. “We can look back on a satisfactory business year overall; given all the
    Read More
  • CISMA: French road construction market expected to rise
    January 17, 2018
    Construction and maintenance of roads in France is expected to grow again this year – by 3% - after several years of decline, according to CISMA. Aggregates production is also expected to be up around 3.5%, as well as civil engineering by 3%. Civil Engineering activity is recovering at last, notes CISMA, especially thanks to work in the Paris area. “Across the country, cities large and small have adopted the construction of modern tramways that has led to improved traffic circulation, more convenient
    Read More

Highlighted Content