Germany's DEUTZ Q1 revenue rises 8.4%, orders jump 41%

Deutz AG

07/05/2026 06:36

Overview

Germany engine maker's Q1 revenue rose 8.4% yr/yr, new orders surged 41%

Adjusted EBIT jumped 45.7% yr/yr, with margin improving to 7.0%

Growth driven by portfolio restructuring, cost savings, and early market recovery in key segments

Outlook

Deutz expects 2026 revenue between €2.3 bln and €2.5 bln

Company sees 2026 adjusted EBIT margin between 6.5% and 8.0%

Deutz predicts 2026 free cash flow excluding M&A in high-double-digit mln euros

Result Drivers

PORTFOLIO RESTRUCTURING - Co said restructuring of its portfolio was the main driver of growth across engines, energy, and service segments

MARKET RECOVERY - Early signs of recovery in Construction Equipment and Agricultural Machinery segments contributed to organic growth in new orders

COST SAVINGS - Future Fit cost-cutting program delivered savings, especially in R&D, and helped engines business return to profit

Company press release: ID:nEQ21HHtta

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 EPS
EUR 0.14
Q1 Net Income
EUR 21.80 mln
Q1 Adjusted EBIT
EUR 37.30 mln
Q1 Adjusted EBIT Margin
7.00%
Q1 EBIT
EUR 31.10 mln
Q1 Orders
EUR 771 mln


Analyst Coverage

The current average analyst rating on the shares is "strong buy" and the breakdown of recommendations is 6 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

The average consensus recommendation for the heavy machinery & vehicles peer group is "buy."

Wall Street's median 12-month price target for DEUTZ AG is €12.00, about 13.2% above its May 6 closing price of €10.60

The stock recently traded at 11 times the next 12-month earnings vs. a P/E of 12 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)