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Month Revenue At €1.67 Bln

By Reuters News

Nov 5 (Reuters) - DEUTZ AG DEZG.DE:

  • 9M REVENUE UP AROUND 11% Y-O-Y, AT €1.67 BILLION

  • ACQUISITION OF FFG EXPECTED TO GENERATE OVER €1 BILLION IN ADDITIONAL REVENUE WITHIN DEFENSE SEGMENT

  • CONTRACT WITH CFO OLIVER NEU EXTENDED EARLY THROUGH 2032

  • 9M ADJUSTED EARNINGS UP AROUND 36% Y-O-Y, AT €118 MILLION, ADJUSTED EBIT MARGIN AT 7.1%

  • OUTLOOK 2026: GIVEN THAT ACQUISITION OF FFG HAS NOW BEEN COMPLETED, COMPANY EXPECTS ITS ADJUSTED EBIT MARGIN TO REACH UPPER END OF FORECAST RANGE OF 6.5% TO 8.0%

Further company coverage: DEZG.DE

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