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)

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