DEUTZ AG Q3 Report 2022
Highlights
- New orders close to the prior-year level – book-to-bill ratio of 1.09 (Q1–Q3 2021: 1.29)
- Rise in unit sales and revenue driven by all major application segments and the two biggest regions, EMEA and the Americas
- Increase in orders on hand to €828.8 million as of September 30, 2022 (September 30, 2021: €616.4 million)
- Adjusted EBIT1 improved to €65.9 million in
Q1–Q3 2022 (Q1–Q3 2021: €30.9 million) due to:- increased volume of business, bringing economies of scale
- cost savings
- positive currency effects
- higher logistics and materials prices are increasingly being passed on to customers
- EBIT margin before exceptional items1 rose to 4.7% (Q1–Q3 2021: 2.6%)
- Net income before exceptional items1 amounted to €52.2 million (Q1–Q3 2021: €26.8 million)
- Earnings per share before exceptional items1 came to €0.43 (Q1–Q3 2021: €0.22)