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

  • Kenya rehabilitates, widens, tolls Northern Corridor
    November 8, 2017
    A massive highway project in Kenya will boost transport for the country as well as its neighbours - Shem Oirere reports. Kenya has commenced the process of rehabilitating, expanding and tolling of 657km of East Africa’s Northern Corridor that is anchored on the Indian Ocean port of Mombasa and which links the gateway with landlocked countries of Uganda, Rwanda, Burundi and parts of eastern Democratic Republic of Congo (DRC).
    Read More
  • Volvo Q2 sales dip 14% amid COVID disruption
    July 20, 2020
    Weak demand in Europe and North America was partially offset by a rebound in China.
    Read More
  • England’s A14 project River Great Ouse Viaduct completed
    February 28, 2019
    Construction of the biggest bridge in Highways England’s €1.73 billion A14 Cambridge-to-Huntingdon upgrade has been completed. The River Great Ouse Viaduct stretches for 0.8km and when opened to traffic next year will take the new A14 road over the floodplain and the East Coast Mainline Railway line. Work began in November 2016 on the bridge that is part of a new 27.4km bypass under construction to the south of Huntingdon and away from the existing A14. The road is being widened to three lanes in both
    Read More
  • ACE/AECOM report: private sector and user-pay for English roads
    May 14, 2018
    It’s one minute to midnight for funding England’s roads, according to a timely new report, and the clock’s big hand is pointing to some form of user-pay solution, reports David Arminas Is there any way out of future user-pay funding for England’s highway infrastructure? The answer is a resounding ‘no’, according to the recently published report: Funding Roads for the Future. The brief 25-page document by the London-based Association for Consultancy and Engineering, ACE**, sums up the state of England’s ro
    Read More

Highlighted Content