Germany's Deutz 9M revenue rises 11%, EBIT up 36%

By Reuters News


Overview

  • Germany industrial drive solutions provider's 9M 2026 revenue rose 11% yr/yr to €1.67 bln

  • Adjusted EBIT for 9M 2026 surged 36% to €118 mln, margin improved to 7.1%

  • Company completed FFG acquisition, expects defense segment to add €1 bln revenue in 2027


Outlook

  • DEUTZ expects 2026 revenue between €2.3 bln and €2.5 bln

  • Company expects 2026 adjusted EBIT margin at upper end of 6.5% to 8.0% range

  • DEUTZ forecasts 2026 free cash flow before M&A in high-double-digit mln euros


Result Drivers

  • SEGMENT GROWTH - Co said revenue and new orders rose across all main segments, with Energy, Service, Defense & Other, and Engines contributing to increases

  • M&A IMPACT - Acquisitions in Energy and Service segments contributed nearly €235 mln to new orders and €150 mln to revenue

  • EFFICIENCY PROGRAMS - Co attributed improved adjusted EBIT margin to higher revenue, better plant capacity utilization, and cost savings from efficiency initiatives


Company press release:


Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

9M Revenue

€1.67 billion

9M Orders

€1.96 billion


Analyst Coverage

  • The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 8 "strong buy" or "buy", no "hold" and 1 "sell" or "strong sell"

  • The average consensus recommendation for the heavy machinery & vehicles peer group is "buy"

  • Wall Street's median 12-month price target for DEUTZ AG is €16.00, about 65.4% above its November 4 closing price of €9.68

  • The stock recently traded at 8 times the next 12-month earnings vs. a P/E of 9 three months ago


Reuters Recommended Reads

  • Nov 3 - Schaeffler to cut 3,460 jobs, shut five European plants as auto slump bites

  • Nov 3 - Germany's Schaeffler 9-month sales flat on China hit, EBIT margin rises

  • Nov 3 - Eaton Q3 sales, EPS beat estimates on strong demand


For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.


(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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