DEUTZ AG Half-Year Report 2023

Highlights

• Margin remains high thanks to success of performance initiatives
• New logistics concept established at headquarters in Cologne
  • Progress with warehouse consolidation
• Strong first half of the year:
  • Revenue rises to €237.5 million (+6.4%)
  • New orders increase to €241.5 million (+5.0%)
• Adjusted EBIT improved to €62.5 million (H1 2022: €42.6 million) due to:
  • Economies of scale thanks to increased business volume
  • Positive product mix effects
  • Market-oriented pricing policy
  • Expansion of the service business

• EBIT margin before exceptional items2 increased to 6.1% (H1 2022: 4.6%)
• Net income before exceptional items2 amounted to €44.9 million (H1 2022: €34.0 million)
• Earnings per share before exceptional items2 came to €0.36 (H1 2022: €0.28)