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

  • Palfinger achieves record revenue and signs milestone Sany Group deal in 2012
    February 12, 2013
    Palfinger achieved record revenues in 2012 of US$1.251 billion (€935.2 million) – a year-on-year rise of 10.6%. The Austrian manufacturer of cranes, hydraulic lifts, loading and handling systems says the increase was mainly due to strong trade in North America, South America, CIS and the global marine business sector, as well as the continuation of a consistent internationalisation policy pursued in recent years. A further positive trend was said to be observed in other non-European regions. Meanwhile, in E
    Read More
  • US sees decline in construction machine exports
    December 4, 2015
    Exports of US construction equipment are still in decline according to the latest Association of Equipment Manufacturers (AEM) market update. The AEM report shows that exports of US-made construction equipment dropped 17.6% for the first three quarters of 2015 compared to January-September 2014, for a total $10.8 billion shipped worldwide.
    Read More
  • VDMA reports increase in German equipment sector
    July 22, 2014
    A report from the German construction and building equipment manufacturer’s association, the VDMA, reveals steady sales for 2014. According to the report, German manufacturers of construction equipment are expecting to see a growth of 5% throughout 2014. In 2013, sales for the entire industry reached €11.7 billion. “This forecast is, however, based on several different backgrounds,” said Sebastian Popp, the VDMA’s expert on economics explains the situation. He explained that with construction equipment, th
    Read More
  • Manitou buys Dezzo Equipment in South Africa
    May 14, 2024
    The purchase comes as Manitou Group reports first quarter revenue up 3% from the same period last year, reaching €685 million.
    Read More

Highlighted Content