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DEUTZ AG (DEZG.DE)

DEZG.DE on Xetra

8.77EUR
2:46pm BST
Change (% chg)

€0.22 (+2.57%)
Prev Close
€8.55
Open
€8.52
Day's High
€8.80
Day's Low
€8.45
Volume
479,285
Avg. Vol
409,596
52-wk High
€8.90
52-wk Low
€5.00

Latest Key Developments (Source: Significant Developments)

DEUTZ Reports Significant Revenue Growth And Double-Digit Increase In Profitability
Tuesday, 23 Apr 2019 

April 23 (Reuters) - DEUTZ AG ::DEUTZ REPORTS SIGNIFICANT REVENUE GROWTH AND DOUBLE-DIGIT INCREASE IN PROFITABILITY IN THE FIRST QUARTER OF 2019.DEUTZ IS CONTINUING TO BENEFIT FROM SUSTAINED STRENGTH OF CUSTOMER DEMAND, RECEIVING ORDERS WORTH EUR514.5 MILLION IN Q1 OF 2019.NEW ORDERS THUS REMAINED AT A HIGH LEVEL DESPITE BEING 10.5 PER CENT LOWER THAN FIGURE FOR PRIOR-YEAR PERIOD.COMPARED WITH Q4 OF 2018, NEW ORDERS AT DEUTZ WERE UP BY 27.4 PER CENT..IN Q1 OF 2019, CONSOLIDATED REVENUE ROSE BY 9.2 PER CENT COMPARED WITH CORRESPONDING PERIOD OF 2018 TO REACH EUR452.8 MILLION.OPERATING PROFIT (EBIT BEFORE EXCEPTIONAL ITEMS) CLIMBED AT A FASTER RATE THAN REVENUE, ADVANCING BY 15.7 PER CENT YEAR ON YEAR TO REACH EUR25.1 MILLION.AS A RESULT, EBIT MARGIN BEFORE EXCEPTIONAL ITEMS IMPROVED BY 30 BASIS POINTS TO 5.5 PER CENT.  Full Article

Deutz To Expand Dealer And Service Network In The Middle East
Friday, 12 Apr 2019 

April 12 (Reuters) - Deutz AG ::SAID ON THURSDAY TO EXPAND DEALER AND SERVICE NETWORK IN THE MIDDLE EAST.FIRST PHASE WILL FOCUS ON EGYPT, THE ARAB GULF STATES AND TURKEY, WHERE DEUTZ WILL WORK WITH KEY IMPORTERS SELECTED FOR THEIR STRATEGIC IMPORTANCE.  Full Article

Deutz CEO Says Looking Into Possible Acquistions
Thursday, 14 Mar 2019 

March 14 (Reuters) - Deutz CEO::We want to increase revenue in China with new strategy to around half billion euros by 2022.Q1 orders above Q4 level.We are looking into options for acquisitions, have financial leeway for this.  Full Article

DEUTZ To Elect Bernd Bohr As New Chairman Of Supervisory Board
Wednesday, 12 Dec 2018 

Dec 12 (Reuters) - DEUTZ AG ::NEW CHAIRMAN OF THE SUPERVISORY BOARD.BERND BOHR IS TO BE ELECTED CHAIRMAN OF SUPERVISORY BOARD OF DEUTZ AG WITH EFFECT FROM 1 JANUARY 2019.  Full Article

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

German stocks - Factors to watch on April 24

BERLIN/FRANKFURT, April 24 The following are some of the factors that may move German stocks on Wednesday: