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DEUTZ AG (DEZG.DE)

DEZG.DE on Xetra

5.59EUR
12:43pm GMT
Change (% chg)

€-0.25 (-4.28%)
Prev Close
€5.84
Open
€5.86
Day's High
€5.89
Day's Low
€5.57
Volume
143,333
Avg. Vol
355,928
52-wk High
€8.76
52-wk Low
€5.57

Latest Key Developments (Source: Significant Developments)

Deutz: Saarbruecken Regional Court Orders Neue Halberg Guss To Resume Supply To Deutz
Wednesday, 24 Oct 2018 

Oct 24 (Reuters) - DEUTZ AG ::SAARBRUECKEN REGIONAL COURT ORDERS NEUE HALBERG GUSS GMBH TO RESUME SUPPLY TO DEUTZ AG IMMEDIATELY.INJUNCTION IS INITIALLY VALID UNTIL END OF YEAR.  Full Article

DEUTZ AG Sells Stake In Chinese Joint Venture DDE
Monday, 22 Oct 2018 

Oct 22 (Reuters) - DEUTZ AG ::SELLS STAKE IN CHINESE JOINT VENTURE DDE.IN DISCUSSIONS REGARDING NEW PARTNERSHIPS.HAS NOW SOLD ITS 50 PER CENT STAKE IN COMPANY TO JOINT VENTURE PARTNER FAW.WITHDRAWAL FROM DEUTZ DALIAN JOINT VENTURE IS NOT EXPECTED TO SIGNIFICANTLY IMPACT ON EARNINGS THIS YEAR.  Full Article

DEUTZ Raises FY Profit Forecast
Friday, 27 Jul 2018 

July 27 (Reuters) - DEUTZ AG ::DGAP-ADHOC: DEUTZ AG: DEUTZ RAISES PROFIT FORECAST.FY REVENUE 1.479 BILLION EUR.DEUTZ - EXPECTS TO SEE A SIGNIFICANT INCREASE IN REVENUE DURING CURRENT FINANCIAL YEAR TO MORE THAN EUR1.6 BILLION DESPITE SIX-WEEK STRIKE AT HALBERG.NOW FORECASTS FY MODEST INCREASE IN EBIT MARGIN BEFORE EXCEPTIONAL ITEMS TO AT LEAST 4.5 %.FORECAST RESTS ON ASSUMPTION THAT THERE WILL BE NO FURTHER STRIKE-RELATED DISRUPTION.JUMP 5 PERCENT.  Full Article

DEUTZ H1 Oper Profit More Than Doubled To EUR 48 Mln
Wednesday, 11 Jul 2018 

July 11 (Reuters) - DEUTZ AG ::H1 VOLUME OF NEW ORDERS ROSE BY 36.6 PER CENT YEAR ON YEAR TO €1,097 MILLION.H1 OPERATING PROFIT (EBIT BEFORE EXCEPTIONAL ITEMS) MORE THAN DOUBLED TO €48 MILLION YOY (H1 2017: €23 MILLION).H1 REVENUE CAME TO €878 MILLION, A 20 PER CENT INCREASE YEAR ON YEAR (H1 2017: €735 MILLION).SAYS CANNOT RAISE EARNINGS FORECAST FOR 2018 AT THE MOMENT, UNABLE TO PREDICT HOW STRIKE AT NEUE HALBER-GUSS GOES.  Full Article

Deutz withdrawal from China joint venture to dent H1 profit
Tuesday, 3 Jul 2018 

July 3 (Reuters) - DEUTZ AG ::DEUTZ AG: DEUTZ INTENDS TO WITHDRAW FROM THE DEUTZ DALIAN JOINT VENTURE AND IS NEGOTIATING NEW STRATEGIC ALLIANCES IN CHINA.SAYS DEUTZ INTENDS TO WITHDRAW FROM DEUTZ DALIAN JOINT VENTURE AND IS NEGOTIATING NEW STRATEGIC ALLIANCES IN CHINA.TO SELL ITS 50 PER CENT STAKE IN COMPANY TO JOINT VENTURE PARTNER FAW.SAYS PLANNED TRANSACTION IS SUBJECT TO APPROVAL OF SUPERVISORY BOARD OF DEUTZ AG AND SHOULD BE COMPLETED IN SECOND HALF OF 2018..SAYS TALKS ON NEW ALLIANCES WITH MAJOR LOCAL PARTNERS IN CONSTRUCTION EQUIPMENT AND AGRICULTURAL MACHINERY INDUSTRIES HAVE ALREADY REACHED AN ADVANCED STAGE.SEES PROCEEDS OF ALMOST EUR10 MILLION FROM DISPOSAL OF DEUTZ DALIAN JOINT VENTURE AND FROM RELATED LICENSING INCOME.SAYS DEUTZ EXPECTS PROCEEDS OF ALMOST EUR10 MILLION FROM DISPOSAL OF DEUTZ DALIAN JOINT VENTURE AND FROM RELATED LICENSING INCOME.SAYS IN FIRST HALF OF 2018, EARNINGS ARE LIKELY TO BE REDUCED BY A SUM IN HIGH SINGLE-DIGIT OR LOW DOUBLE-DIGIT MILLIONS OF EUROS.SAYS PROCEEDS FROM DISPOSAL ARE EXPECTED TO LARGELY OFFSET, IF NOT EXCEED, THIS SUM OVER COURSE OF 2018.SAYS OVERALL, DEUTZ DALIAN JOINT VENTURE AND ITS SALE ARE NOT EXPECTED TO SIGNIFICANTLY IMPACT ON EARNINGS THIS YEAR.  Full Article

DEUTZ Q1 Oper Profit Up At EUR 21.7 Mln, FY Outlook Confirmed
Friday, 13 Apr 2018 

April 13 (Reuters) - DEUTZ AG ::Q1 VOLUME OF NEW ORDERS ROSE BY 42.6 PER CENT YEAR ON YEAR TO €574.9 MILLION.Q1 OPERATING PROFIT INCREASED YEAR ON YEAR BY €14.1 MILLION TO €21.7 MILLION IN THE FIRST QUARTER OF 2018..Q1 REVENUE AT €414.5 MILLION, A 17.6 PERCENT INCREASE YOY (Q1 2017: €352.5 MILLION).CONFIRMS 2018 FORECAST OF A MARKED INCREASE IN REVENUE AND A MODERATE RISE IN THE EBIT MARGIN.  Full Article

Deutz swings to Q3 profit, affirms guidance
Tuesday, 7 Nov 2017 

Nov 7 (Reuters) - Deutz AG :Q3 order intake 370.8 million eur‍​.Q3 adjusted EBIT 5 million eur.Q3 net profit 1.5 million eur.Affirms guidance.Real estate sale in Cologne-Deutz to have postitive 2-digit million eur impact on Q4 earnings.  Full Article

German stocks - Factors to watch on Nov. 8

BERLIN/FRANKFURT, Nov 8 The following are some of the factors that may move German stocks on Thursday: