DEUTZ AG Q1 Report 2022

Highlights

• Significant increase in the profitability of the Classic business by 2023
• Expansion of the profitable service business – organic and through acquisitions
  • Acquisition of AUSMA Motorenrevisie B.V. (Netherlands) and South Coast Diesels (Ireland) at the start of May (closing has taken place)
• Increased costs cannot be passed on to customers immediately due to the high level of orders on hand
• Marked rise in new orders – book-to-bill ratio of 1.14 (Q1 2021: 1.35)
•  Rise in unit sales driven by all application segments and the two biggest regions, EMEA and the Americas
• Orders on hand climb to €746.7 million as at March 31, 2022 (March 31, 2021: €394.3 million)
• Adjusted EBIT improved to €15.8 million in Q1 20221 (Q1 2021: €0.8 million) due to:
  •  increased volume of business, bringing economies of scale
  • effects of cost savings
  • passing on of rising costs for raw materials and logistics to customers