Brief: DEUTZ Announces Structural Changes And Job Cuts

Deutz AG

08/10/2024 09:05

Oct 8 (Reuters) - DEUTZ AG  DEZG.DE :
    * TARGETS €4 BILLION REVENUE BY 2030
    * UPDATES GROWTH STRATEGY AND REDUCES COSTS
    * ANNOUNCES €50 MILLION COST SAVINGS PROGRAM
    * ENERGY SEGMENT EXPECTED TO REACH €500 MILLION REVENUE BY
2030
    * REVENUE TARGET OF EUR 4.0 BILLION BY 2030, NEW MID-TERM
TARGETS
DEFINED
    * TO REDUCE COSTS BY €50 MILLION BY 2026
    * ANNOUNCES STRUCTURAL CHANGES AND JOB CUTS

Source text for Eikon:  ID:nEQmGxN7a 
Further company coverage:  DEZG.DE 

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