Brief: DEUTZ 9-Month EBIT At EUR 92.0 Mln

Deutz AG

09/11/2023 06:30

Nov 9 (Reuters) - DEUTZ AG  DEZG.DE :
    * 9-MONTH SALES UP BY AROUND 10% TO EUR 1.54 BILLION
    * 9-MONTH EBIT AT EUR 92.0 MILLION
    * Q3 ADJUSTED EARNINGS UP AROUND 30% TO EUR 30 MILLION
    * 9-MONTH ADJUSTED EARNINGS UP BY AROUND 40% TO EUR 92.7
MILLION
    * OUTLOOK 2023: GROUP'S ADJUSTED EBIT MARGIN UP TO 5.3% TO
5.8%
(VERSUS: AROUND 5%)
    * OUTLOOK 2023: EXPECTS SALES OF AROUND 185,000 TO 190,000
ENGINES, WHICH SHOULD LEAD TO INCREASE IN CONSOLIDATED SALES TO
AROUND EUR 2.1 BILLION
    * FIRST SERIES ORDER FOR 100 HYDROGEN-POWERED GENSETS
RECEIVED
FROM CHINA

Further company coverage:  DEZG.DE 

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