Deutz AG

DEZ

Equity

ISIN DE0006305006 / Valor 338580

Xetra (2024-12-23)

EUR 3.94-0.10%

Deutz AG
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About company

Deutz AG is an independent provider of diesel, gas, and electric drivetrains with a focus on developing innovative technologies for off-highway applications. With a power range of up to 620 kW, the company is known for its pioneering spirit, passion, and commitment to high-quality, environmentally friendly, and efficient drives. Deutz AG's business revolves around providing cutting-edge drivetrain solutions that meet the demands of tomorrow, positioning itself as a leader in the industry.

Summarized from source with an LLMView SourceSector: Industrials

Revenue Decline

In the first half of 2024, Deutz AG reported a revenue of €875.5 million, which represents a 12.6% decrease compared to the €1,001.2 million recorded in the same period of 2023. This decline was also reflected in the second quarter, where revenue fell by 14.9% from €494.2 million in Q2 2023 to €420.8 million in Q2 2024.

Order Intake

Deutz AG's order intake for the first half of 2024 was €791.0 million, marking an 18.1% decrease from the €965.9 million reported in the first half of 2023. The second quarter saw a similar trend, with order intake dropping by 17.4% from €450.1 million in Q2 2023 to €371.8 million in Q2 2024.

EBITDA Performance

The EBITDA for Deutz AG in the first half of 2024 was €83.4 million, a significant 27.7% decline from the €115.3 million achieved in the same period of the previous year. The second quarter EBITDA also saw a sharp decrease of 33.5%, falling from €56.1 million in Q2 2023 to €37.3 million in Q2 2024.

Net Profit

Deutz AG's net profit for the first half of 2024 was €25.6 million, which is 52.4% lower than the €53.8 million reported in the first half of 2023. The second quarter net profit experienced an even steeper decline of 63.6%, dropping from €25.0 million in Q2 2023 to €9.1 million in Q2 2024.

Earnings Per Share

For the first half of 2024, Deutz AG reported earnings per share (EPS) of €0.20, a 54.5% decrease from the €0.44 recorded in the same period of 2023. In the second quarter, the EPS fell by 65.0%, from €0.20 in Q2 2023 to €0.07 in Q2 2024.

Summarized from source with an LLMView Source

Key figures

-16.8%1Y

-39.3%3Y

-29.5%5Y

Performance

40.7%1Y

37.5%3Y

39.4%5Y

Volatility