2024 results: Deutz holds its own in a difficult environment
With revenue down by 12.1% to €1,813.7 million, Deutz achieved adjusted earnings (EBIT before exceptional items) of €76.7 million. This corresponds to an adjusted EBIT margin of 4.2%.
results
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Deutz results: amid challenging conditions, the company remains profitable
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results
Deutz results: revenue up by almost 8 % in 2023
Within a persistently challenging macroeconomic environment, Deutz stayed on course in the 2023 financial year and achieved record results for revenue EBIT. The drive manufacturer grew its revenue by 7.8 % to around €2.1 billion.
Rolls-Royce Power Systems records very good results
Rolls-Royce’s Power Systems business unit – with its key mtu brand – saw revenue, profit and cash flow rise strongly in 2023 to reach very good results. Revenue was primarily driven by energy systems, especially for data centres.
Langley Holdings: 2023 annual report
A few days ago Langley Holdings released its IFRS Annual Report & Accounts for 2023. The Power Solutions Division, encompassing subsidiaries Bergen Engines, Marelli Motori and Piller Group, was a significant contributor to the year’s result.
Cummins reports fourth quarter and full year 2023 results
Cummins today reported fourth quarter and full year 2023 results. “High global demand for Cummins’ diverse set of innovative products drove record full year revenues and operating cash flow in 2023,” said Jennifer Rumsey, Chair and CEO.
Deutz results: growth in the third quarter of 2023
Deutz is maintaining its growth trajectory and can look back on a successful third quarter, with revenue rising by 11 percent and adjusted EBIT climbing by around 30 percent to approximately €30 million.
Cummins reports third quarter 2023 results
A few days ago Cummins reported results for the third quarter of 2023. Third quarter revenues of $8.4 billion increased 15 percent from the same quarter in 2022. Sales in North America increased 16 percent and international revenues increased 13 percent due to the addition of Meritor and strong dema...
Lhyfe: results for the first half of 2023
At its meeting held on 26 September 2023, the Board of Directors of Lhyfe, independent producer of green hydrogen, approved its consolidated financial statements for H1 2023 (from January 1st to June 30, 2023). These financial statements were the subject of a limited review by the Statutory Auditors...
Deutz: jump in profits in the first half of 2023
Deutz maintained its growth trajectory in the first half of 2023: adjusted EBIT rises by almost 50 percent to €62.5 million, revenue increases by 10.0 percent.
Carraro Group: growth trend continued in the first quarter of 2023
A few days ago, Carraro released the Group’s first quarter 2023 results. The good increase in turnover is accompanied by an important growth in profitability.
Deutz earnings soar in the first quarter of 2023
Deutz stayed the course for growth in the first quarter of 2023: with an increase in unit sales of 10.6 percent year on year, the manufacturer of drive systems was able to grow revenues by 15.5 percent to €517.2 million.
