Deutz gains after results, 'optimist' outlook in diesel and gas segment

Deutz AG

20/03/2025 07:56

** Shares in Deutz DEZG.DE gain 4% in premarket trade after the engine maker posted a rise in FY 2024 order intake and its revenue forecast for this year shows optimism in its diesel and gas segment, Hauck Aufhaeuser's analysts say

** They add the outlook at mid-point should imply a 12% volumes growth Y/Y vs the flat development they were expecting

** Hauck Aufhaeuser also notes that Q4 order intake reflects a turnaround in ordering dynamics with yearly growth of around 4% to 479 million euros ($520.53 million), above consensus of 443 million euros

** The stock, which gained 68% YTD on the back of the optimism spurred by German fiscal reforms, sits at the top of the German small-cap index .SDAXI

($1 = 0.9202 euros)

 (Reporting by Paolo Laudani)

 ((Paolo.laudani@thomsonreuters.com))