Deutz AG improves in operating profit

Deutz AG, the German company specialized in manufacturing the engines, has communicated the preliminary results for the Q1 2017 with a significant rise in new orders, sales and revenue.

The company has published its interim management statement for this period, a year-on-year revenue up by +17.4% (€352.5 million), with 37,153 engines of unit sales representing +15.7%, and particularly a marked improvement in new orders which was raised by 23.2% (€403.2 million).

The breakdown of activities had shown that the region like EMEA (Europe, Middle East, Africa) and the Americas region had largely contributed to an overall increase, while the Asia-Pacific region had declined slightly. For the application segments, the Construction Equipment, Material handling and Agricultural Machinery increased in revenue, whereas the Automotive and Stationary Equipment were decreased.