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DEUTZ AGM: Broad support for strategy adopted by Board of Management and Supervisory Board – new CEO of Green segment introduced

  • Actions of the Supervisory Board formally approved by a large majority; shareholders also vote in favor of all management proposals
  • Dividend…

DEUTZ delivers robust performance at the start of the new year – stable margin despite a fall in demand as a result of economic conditions

  • Strategic and operational measures take effect in a challenging first quarter; revenue from continuing operations reaches €454.7 million in a…

Sale of Torqeedo to strategic investor Yamaha completed

  • Sale proceeds in high double-digit million euros


Cologne/Wessling, April 4, 2024 – As it pursues its Dual+ strategy, DEUTZ has today reached…

DEUTZ achieves record earnings and looks ahead to the new year with confidence

  • Revenue up by almost 8 % to €2.1 billion in 2023 
  • Guidance met third year in a row
  • Adjusted group earnings up by 34.7 % to €120.4…

DEUTZ appoints new Head of Investor Relations, Communications, and Marketing

  • Mark Christian Schneider will take charge of the Investor Relations (IR), Communications, and Marketing department from April 1
  • Christian Ludwig is…

DEUTZ sells Torqeedo to strategic investor Yamaha Motor Co., Ltd.

  • Important step in repositioning of the portfolio
  • Proceeds from the sale expected to be in the higher double-digit million-euro range


Diesel Motor Nordic becomes DEUTZ Nordic

  • Nordic dealer and service provider renamed DEUTZ Nordic
  • New website and logo for DEUTZ Nordic

Cologne, January 11, 2024 – DEUTZ Nordic is the new…

DEUTZ drives further consolidation in the market, taking over sales and service operations for selected off-highway engines from Rolls-Royce Power Systems

  • DEUTZ is taking over sales and service operations for Daimler Truck off-highway engines with up to 480 kW power presumably from mid-2024 
  • Expected…

DEUTZ generates further profitable growth in the third quarter and raises its full-year earnings guidance for 2023 – first H2 volume production order received

  • Revenue increases by around 10 % to €1.54 billion in the nine-month period
  • Adjusted EBIT up by around 40 % to €92.7 million in the nine-month…

DEUTZ continues to expand its service business

  • Acquisition of Diesel Motor Nordic Group boosts regional presence in Scandinavia
  • Further step toward reaching service revenue target of €600…

Jump in profits for DEUTZ in the first half of 2023

  • Adjusted EBIT rises by almost 50 percent to €62.5 million
  • Revenue increases by 10.0 percent to €1.02 billion
  • At €0.99 billion, new orders are down…

DEUTZ takes next step toward volume production of hydrogen engines

  • DEUTZ chooses automotive supplier MAHLE to supply hydrogen engine components
  • DEUTZ to start full production of hydrogen engines for stationary…

DEUTZ earnings soar in the first quarter of 2023

  • Adjusted EBIT more than doubles to €32.1 million year on year
  • Free cash flow increases by €15.7 million to €10.8 million
  • DEUTZ expects to reach…

Broad support for new strategy at the Annual General Meeting after a strong start to the new year

  • Actions of the Supervisory Board formally approved by a large majority; shareholders also vote in favor of all management proposals
  • Dividend of…

DEUTZ makes a strong start to the new year

  • Preliminary results for the first quarter well above expectations
  • Full-year guidance now much more positive

Cologne, April 27, 2023 – DEUTZ AG…

Completion of cooperation between DEUTZ and Daimler Truck

  • Authorities have granted full approval to the cooperation with Daimler Truck
  • Daimler Truck with a 4.19 percent stake in DEUTZ

Cologne, March 29,…

DEUTZ significantly increases its profit in 2022 and pursues further growth with its Dual+ strategy

  • Revenue increases by more than 20 percent to €1.95 billion
  • Classic business delivers its best result in ten years
  • New medium-term guidance for…

DEUTZ enters into cooperation with Daimler Truck to develop and market medium- and heavy-duty engines

  • DEUTZ takes an important step in further expanding its modern internal combustion engine business.
  • Daimler Truck will take a 4.19 percent stake in…

Taking Responsibility: DEUTZ imposes greater accountability on suppliers and publishes revised Supplier Code

The DEUTZ Group strives for commercial success while fulfilling its environmental, social, and corporate responsibilities. This objective is reflected…

‘POWERING PROGRESS’ strategy program: DEUTZ engines will continue to keep the world moving

  • Planned investment of more than €100 million in technologies of the future
  • Ambition to play an active role in market consolidation
  • DEUTZ to be…

Supervisory Board of DEUTZ AG extends term of appointment of CEO Dr. Sebastian C. Schulte by five years

Cologne, January 18, 2023 – The Supervisory Board of DEUTZ AG today decided on the early extension of the term of appointment of CEO Dr. Sebastian C.…

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