Brief: Deutz Posts Q1 Orders of EUR 526 Million

Deutz AG

27/04/2023 06:52

Apr 27 (Reuters) - Deutz Q1 orders EUR 526 million.
* Outlook FY adjusted EBIT margin 6.2%
* Outlook FY revenue increase of between €1.9 billion and €2.1 billion
* Outlook FY free cash flow excl. M&A is expected to remain in the
mid-double-digit millions of euros
* Q1 Consolidated revenue grew by 15.5 % to around €517 million
* Q1 EBIT before exceptional items is around €32 million
* Q1 EBIT margin before exceptional items at 6.2 %