Our press releases: News at first hand

Amid challenging conditions, DEUTZ remains profitable and provides details of cost program

• Adjusted EBIT margin of 4.4% in first nine months of 2024, despite slump in demand
• New orders only just below level of prior-year period thanks to…

DEUTZ updates its growth strategy and reduces costs sustainably

• Greater diversification for more profitable growth and a more resilient setup
• Further strategic development of the portfolio with the new Solutions…

The Future of Mobility: DEUTZ showcases hydrogen and battery technology at InnoTrans

• DEUTZ presents sustainable drive technologies at InnoTrans in Berlin

• TCG 7.8 H2 hydrogen engine certified by the German Motor Transport…

Change in the CFO position at DEUTZ AG

• CFO and Labour Director Timo Krutoff to leave DEUTZ AG at the end of November
• Oliver Neu, Head of Finance & Controlling, to take over the…

DEUTZ puts hydrogen-powered generator sets into operation in China

• First series application for DEUTZ hydrogen combustion engine
• Joint Venture established for further sales in China
• Power generator business is…

DEUTZ acquires Polish service and sales company BTH FAST

• Acquisition of 100 per cent of the shares in the Polish DEUTZ dealer founded in 1990
• The Company's own service and sales network in Eastern Europe…

DEUTZ welcomes new talents to the company

• 47 new recruits start their journey at three sites
• Apprenticeships in nine vocations
• Resumption of commercial apprenticeships
• First-time…

Robust margin for DEUTZ in first half of 2024 despite fall in demand

• Revenue and earnings performance underscore increasing resilience

• At 5.7%, the adjusted EBIT margin is within the forecast target range for 2024
…

DEUTZ completes its acquisition of Blue Star Power Systems, becoming a system provider for decentralized electricity generation

• DEUTZ has acquired all the shares in the US manufacturer of gensets and can tap into the rapidly growing market for decentralized electricity…

Transaction completed: DEUTZ takes over sales and service for selected off-highway engines from Rolls-Royce Power Systems

• With immediate effect, DEUTZ will sell Daimler Truck engines previously sold by Rolls-Royce Power Systems
• Additional revenue of €300 million per…

DEUTZ presents first “DEUTZ Greenfield Award” for sustainable powertrain solutions

• DEUTZ honors three winners with the Greenfield Award

• The award ceremony took place as part of the congress #neuland in Aachen

   

Cologne,…

DEUTZ carries out a successful capital increase of €72 million

• 12.6 million new shares placed at €5.71 each
• Strong demand from investors underlines the Dual+ strategy’s success to date
• Net issue proceeds allow…

DEUTZ inks cooperation with TAFE, India’s leading agricultural group

• Advantages for German locations due to broader supplier base 
• Cooperation to be extended to green drives 

Cologne, July 1, 2024 – DEUTZ is adding…

DEUTZ becomes major provider of decentralized energy supply and acquires manufacturer of generator sets

• DEUTZ acquires 100 percent of the shares in US manufacturer of generator sets Blue Star Power Systems
• Important step towards becoming a solutions…

In DEUTZ’s anniversary year: Engineering and technology evening

• Experience 160 years DEUTZ history: From the first gas engine to the hydrogen drive
• Guided tours to DEUTZ’s engine museum Technikum
• Tickets and…

Flexible assembly system goes into operation at DEUTZ

• New assembly line at the Cologne site for 4–8 liter engines
• Equipped for full production of both diesel and hydrogen engines
• New system is more…

DEUTZ AGM: Broad support for strategy adopted by Board of Management and Supervisory Board – new CEO of Green segment introduced

• Actions of the Supervisory Board formally approved by a large majority; shareholders also vote in favor of all management proposals
• Dividend…

DEUTZ hosts ceremony to mark its 160th anniversary

• DEUTZ CEO Dr. Sebastian C. Schulte looks back with pride and gratitude on 160 years of history and calls for the internal combustion engine to be…

DEUTZ delivers robust performance at the start of the new year – stable margin despite a fall in demand as a result of economic conditions

• Strategic and operational measures take effect in a challenging first quarter; revenue from continuing operations reaches €454.7 million in a…

DEUTZ honors academic work on sustainable drive solutions

• DEUTZ launches “DEUTZ Greenfield Award”
• Special design award to mark the company's 160^th anniversary
• Over €10,000 in prize money on offer

Cologn…

INTERMAT 2024: DEUTZ presents solutions for climate-friendly construction

• DEUTZ shows how today’s construction sites can be efficient, quiet, and low in carbon emissions

• Drive specialist presents complete solutions…

Sale of Torqeedo to strategic investor Yamaha completed

• Sale proceeds in high double-digit million euros

Cologne/Wessling, April 4, 2024 – As it pursues its Dual+ strategy, DEUTZ has today reached…

DEUTZ achieves record earnings and looks ahead to the new year with confidence

• Revenue up by almost 8 % to €2.1 billion in 2023 
• Guidance met third year in a row
• Adjusted group earnings up by 34.7 % to €120.4…

DEUTZ opens first HVO filling station at its factory site in Cologne

• Immediate reduction of the DEUTZ fleet’s environmental footprint
• Initially for the DEUTZ fleet only – talks with partners already under way
• HVO…

DEUTZ appoints new Head of Investor Relations, Communications, and Marketing

• Mark Christian Schneider will take charge of the Investor Relations (IR), Communications, and Marketing department from April 1
• Christian Ludwig is…

DEUTZ sells Torqeedo to strategic investor Yamaha Motor Co., Ltd.

• Important step in repositioning of the portfolio
• Proceeds from the sale expected to be in the higher double-digit million-euro range

Cologne/Wess…

Diesel Motor Nordic becomes DEUTZ Nordic

DEUTZ drives further consolidation in the market, taking over sales and service operations for selected off-highway engines from Rolls-Royce Power Systems

• DEUTZ is taking over sales and service operations for Daimler Truck off-highway engines with up to 480 kW power presumably from mid-2024 
• Expected…

AGRITECHNICA 2023: DEUTZ presents its portfolio of innovative drives

• DEUTZ is contributing to the agricultural sector’s shift toward greater climate neutrality
• TCG 7.8 H2 hydrogen engine set to go into volume…

DEUTZ generates further profitable growth in the third quarter and raises its full-year earnings guidance for 2023 – first H2 volume production order received

• Revenue increases by around 10 % to €1.54 billion in the nine-month period
• Adjusted EBIT up by around 40 % to €92.7 million in the nine-month…

DEUTZ continues to expand its service business

• Acquisition of Diesel Motor Nordic Group boosts regional presence in Scandinavia
• Further step toward reaching service revenue target of €600…

Jump in profits for DEUTZ in the first half of 2023

• Adjusted EBIT rises by almost 50 percent to €62.5 million
• Revenue increases by 10.0 percent to €1.02 billion
• At €0.99 billion, new orders are down…

DEUTZ takes next step toward volume production of hydrogen engines

• DEUTZ chooses automotive supplier MAHLE to supply hydrogen engine components
• DEUTZ to start full production of hydrogen engines for stationary…

Innovation award for EV and hydrogen pioneer Professor Wan Gang

• Accolade for a developer, defender, and champion of alternative drive technologies
• Wan Gang: “I learned how to innovate at Clausthal University of…

Anniversary: DEUTZ presents Nicolaus August Otto Award for the fifth time

• Innovation Award recognizes Pioneering Spirit and future-oriented research
• Award ceremony on June 27, 2023, as part of the #neuland conference in…

DEUTZ earnings soar in the first quarter of 2023

• Adjusted EBIT more than doubles to €32.1 million year on year
• Free cash flow increases by €15.7 million to €10.8 million
• DEUTZ expects to reach…

Broad support for new strategy at the Annual General Meeting after a strong start to the new year

• Actions of the Supervisory Board formally approved by a large majority; shareholders also vote in favor of all management proposals
• Dividend of…

DEUTZ makes a strong start to the new year

• Preliminary results for the first quarter well above expectations
• Full-year guidance now much more positive

Cologne, April 27, 2023 – DEUTZ AG…

Completion of cooperation between DEUTZ and Daimler Truck

• Authorities have granted full approval to the cooperation with Daimler Truck
• Daimler Truck with a 4.19 percent stake in DEUTZ

Cologne, March 29,…

DEUTZ significantly increases its profit in 2022 and pursues further growth with its Dual+ strategy

• Revenue increases by more than 20 percent to €1.95 billion
• Classic business delivers its best result in ten years
• New medium-term guidance for…

DEUTZ presents innovative drive technology at CONEXPO 2023

• DEUTZ sees opportunities in the construction sector’s shift toward greater carbon neutrality
• Next generation of the PowerTree mobile rapid charging…

DEUTZ enters into cooperation with Daimler Truck to develop and market medium- and heavy-duty engines

• DEUTZ takes an important step in further expanding its modern internal combustion engine business.
• Daimler Truck will take a 4.19 percent stake in…

Taking Responsibility: DEUTZ imposes greater accountability on suppliers and publishes revised Supplier Code

The DEUTZ Group strives for commercial success while fulfilling its environmental, social, and corporate responsibilities. This objective is reflected…

‘POWERING PROGRESS’ strategy program: DEUTZ engines will continue to keep the world moving

• Planned investment of more than €100 million in technologies of the future
• Ambition to play an active role in market consolidation
• DEUTZ to be…

Supervisory Board of DEUTZ AG extends term of appointment of CEO Dr. Sebastian C. Schulte by five years

Cologne, January 18, 2023 – The Supervisory Board of DEUTZ AG today decided on the early extension of the term of appointment of CEO Dr. Sebastian C.…