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
Deutz can feel the effects of the ongoing fall in demand caused by the economic headwinds but remains profitable. This can be seen from the results published today for the first three quarters of 2024.
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results
Cummins: first quarter 2023 results
Cummins yesterday reported results for the first quarter of 2023. First quarter revenues of $8.5 billion increased 32 percent from the same quarter in 2022.
Deutz, first quarter of 2023: a strong start
Preliminary results for the first quarter of 2023 are well above expectations for Deutz
Liebherr: record turnover in 2022
The Liebherr Group finished the year 2022 with a new record turnover of €12,589 million. Compared to the previous year, the company thus recorded a turnover growth of €950 million or 8.2%.
ZF: 2022 financial results
ZF achieves sales of €43.8 billion in 2022 (2021: €38.3 billion), adjusted EBIT is €2.0 (2021: €1.9) billion, adjusted EBIT margin at 4.7 (2021: 5.0) percent. Order volume for electrified drives amounts to more than €30 billion.
Deutz: 2022 results
Last year, Deutz maintained its course and achieved its targets in a challenging geopolitical and macroeconomic environment. The drive manufacturer’s unit sales rose by 16.6 percent, while revenue climbed by 20.8 percent to €1.95 billion. Profitability also improved significantly, with EBIT before e...
Himoinsa: record 2022 results
Following what has been a significant increase in turnover compared to 2021, Himoinsa now expects sales to grow to 400 million euros in 2023, thanks to a major industrial expansion project to create new production centres, as well as investment plans and the implementation of projects on an internat...
Excellent results for Cummins
Cummins has reported a strong fourth quarter revenue of $7.8 billion, along with a revenue of $28.1 billion for the full 2022 year. Key highlights for 2022 include the company completing the acquisition of Jacobs Vehicle Systems (JVS), Meritor, and Siemens Commercial Vehicles, along with unveiling t...
SAME Deutz-Fahr (SDF), a strong growth in 2021: turnover at € 1,481 million (+ 29%)
The data highlighted an excellent year for Same Deutz-Fahr. The increases are substantial in all major areas. For 2022, the goal was to reach one billion and 800 million, but it will depend a lot on the prolongation of the raw material crisis and the conflict in Ukraine
BKT has closed 2021-2022 financial year
BKT (Balkrishna Industries Ltd.) has closed 2021-2022 financial year, with the official approval of the Board of Directors during their last meeting. All related figures have been disclosed.
Deutz: further growth in first quarter of 2022
Deutz has just published its first-quarter 2022 results. With a rise in orders to around €750 million and a significant improvement in adjusted EBIT, Deutz has defined new service revenue target: €500 million by 2025.
