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Investegate |Deutz AG Announcements | Deutz AG: High hopes for 2021


DEUTZ AG: High hopes for 2021 following a successful start to the year for DEUTZ
06.05.2021
 
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Strong improvement in profitability and free cash flow
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Further progress with implementing Transform for Growth; voluntary redundancy program taken up in full
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Rigorous implementation of strategic growth initiatives
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Full-year guidance for 2021 raised despite difficult supply situation
Having finished a year dominated by coronavirus with a much improved fourth quarter in 2020, the uptrend for DEUTZ continued into the first quarter of 2021. This could be seen from the recently published preliminary results, which the Company has confirmed today.
The successful start to the year shows that DEUTZ is back on course for growth. Our new orders were up by around a third year on year in the first quarter ....

United States , Frank Hiller , Christian Ludwig , Sebastianc Schulte , Power Center , Communications Investor Relations , Distribution Services , Lifetime Parts Warranty , Stationary Equipment , Construction Equipment , Svenja Dei , Corporate News , Regulatory Announcements , Investegate Announcements , Investegate Company Announcements , Deutz Ag , Egulatory News Service , Egulatory News Service And Regulatory , ஒன்றுபட்டது மாநிலங்களில் , வெளிப்படையான ஹில்லர் , கிறிஸ்துவர் லுட்விக் , பவர் மையம் , தகவல்தொடர்புகள் முதலீட்டாளர் உறவுகள் , விநியோகம் சேவைகள் , நிலையான உபகரணங்கள் , கட்டுமானம் உபகரணங்கள் ,

DEUTZ AG: Adjustment of the guidance for 2021


DEUTZ AG: Adjustment of the guidance for 2021
19-Apr-2021 / 18:58 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
Preliminary results show that DEUTZ has made a successful start to 2021 and it is adjusting its guidance for 2021 on the basis of the healthy level of new orders and the significant improvement in its earnings performance.
Based on current information, the Company now anticipates unit sales of 140,000 to 155,000 DEUTZ engines
[1] (previously: at least 130,000), resulting in an increase in revenue to between ?1.5 billion and ?1.6 billion (previously: at least ?1.4 billion). This is because of better than expected demand in all of the main application segments. Service revenue is still likely to account for around ?400 million of the total revenue figure. ....

Christian Ludwig , Communications Investor Relations , Including Torqeedo , கிறிஸ்துவர் லுட்விக் , தகவல்தொடர்புகள் முதலீட்டாளர் உறவுகள் ,