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DEUTZ AG (DEZG.DE)

DEZG.DE on Xetra

6.95EUR
15 Dec 2017
Change (% chg)

€0.08 (+1.09%)
Prev Close
€6.87
Open
€6.86
Day's High
€6.95
Day's Low
€6.77
Volume
341,683
Avg. Vol
410,714
52-wk High
€7.87
52-wk Low
€5.14

Latest Key Developments (Source: Significant Developments)

Deutz swings to Q3 profit, affirms guidance
Tuesday, 7 Nov 2017 02:00am EST 

Nov 7 (Reuters) - Deutz AG :Q3 order intake 370.8 million eur‍​.Q3 adjusted EBIT 5 million eur.Q3 net profit 1.5 million eur.Affirms guidance.Real estate sale in Cologne-Deutz to have postitive 2-digit million eur impact on Q4 earnings.  Full Article

Deutz acquires Italian sales and service partner IML Motori
Thursday, 5 Oct 2017 02:07am EDT 

Oct 5 (Reuters) - DEUTZ AG :DEUTZ ACQUIRES ITALIAN SALES AND SERVICE PARTNER IML MOTORI.‍IML MOTORI GENERATED AROUND EUR45 MILLION IN REVENUE IN MOST RECENT FINANCIAL YEAR​.‍COMPANY IS TO TRADE IN ITALY UNDER NAME DEUTZ ITALY​.  Full Article

Deutz confirms its forecast for FY 2017​
Thursday, 28 Sep 2017 02:51am EDT 

Sept 28 (Reuters) - DEUTZ AG ::DEUTZ AG: DEUTZ ENTERS THE FIELD OF ELECTRIFICATION AND ACQUIRES ELECTRIC DRIVE SPECIALIST TORQEEDO.‍CONFIRMS ITS FORECAST FOR 2017​.  Full Article

DEUTZ acquires Torqeedo GmbH
Wednesday, 27 Sep 2017 12:11pm EDT 

Sept 27 (Reuters) - DEUTZ AG ::DGAP-ADHOC: DEUTZ AG ACQUIRES TORQEEDO GMBH.‍TRANSACTION WILL TAKE EFFECT ON 1 OCTOBER 2017​.‍DEUTZ WILL INITIALLY INVEST AROUND EUR100 MILLION IN E-DEUTZ STRATEGY​.‍INVESTMENT WILL BE FINANCED FROM AVAILABLE CASH​.  Full Article

Deutz and Liebherr conclude cooperation agreement​
Wednesday, 30 Aug 2017 12:25pm EDT 

Aug 30 (Reuters) - DEUTZ AG ::‍DEUTZ AG AND LIEBHERR MACHINES BULLE S.A. HAVE CONCLUDED A COOPERATION AGREEMENT​.‍ARRANGEMENT GRANTS DEUTZ AG WITH IMMEDIATE EFFECT GLOBAL DISTRIBUTION AND SERVICE RIGHTS FOR LIEBHERR DIESEL ENGINES IN VARIOUS APPLICATIONS​.  Full Article

Deutz H1 net income at EUR 19.8 mln at previous yr's level
Thursday, 3 Aug 2017 02:08am EDT 

Aug 3 (Reuters) - DEUTZ AG ::H1 ORDER INTAKE IN THE DEUTZ GROUP INCREASED BY 18.6 PERCENT TO EUR 803.0 MLN‍​.SALES IN H1 ROSE BY 14.0 PERCENT TO EUR 734.5 MILLION (H1 2016: EUR 644.4 MILLION)‍​.CONFIRMS THE FORECAST FOR THE FULL YEAR 2017‍​.H1 OPERATING RESULT ROSE BY 2.1 MILLION EUROS TO 22.8 MILLION EUROS YOY.H1 NET INCOME AT EUR 19.8 MILLION AT THE PREVIOUS YEAR'S LEVEL.  Full Article

Deutz and Visa SpA are expanding their supply agreement‍​
Tuesday, 18 Jul 2017 06:04am EDT 

July 18 (Reuters) - DEUTZ AG ::ENGINE MANUFACTURER DEUTZ AND VISA GROUP ARE EXPANDING THEIR SUPPLY AGREEMENT‍​.SUPPLY AGREEMENT VOLUME TO INCREASE APPROXIMATELY FOURFOLD.  Full Article

AB Volvo sells stake in diesel engine maker Deutz
Friday, 7 Jul 2017 01:55am EDT 

July 7 (Reuters) - AB Volvo :The Volvo group has sold its shares in Deutz AG <<>>.Says divestment proceeds amount to SEK 1,897 m, corresponding to SEK 62.73 per share (EUR 6.50).Says sale will result in a capital gain of approximately SEK 350 m that will impact operating income in Q3 of 2017.  Full Article

AB Volvo to place up to its entire 25 pct stake in Deutz -bookrunner
Thursday, 6 Jul 2017 11:51am EDT 

July 6 (Reuters) - Deutz AG : Bookrunner says::Launch of a sale of Deutz AG shares through an accelerated bookbuilding process on behalf of AB Volvo‍​.AB Volvo launching a sale of up to its full stake in Deutz via accelerated bookbuilding to institutional investors.Seller currently holds 30,246,582 shares corresponding to 25.0 percent of the total number of shares in Deutz.Deutz will remain an important supplier to the seller.Price will be determined at the end of the bookbuilding process.Bookbuilding period commences today, July 6, and May close at any time on short notice.Deutsche Bank acts as sole bookrunner in connection with the placing.  Full Article

Deutz Q1 net income up at EUR 15.4 mln
Tuesday, 9 May 2017 04:03am EDT 

May 9 (Reuters) - Deutz AG ::NET INCOME FOR FIRST THREE MONTHS OF CURRENT YEAR ADVANCED TO EUR 15.4 MILLION, A YEAR-ON-YEAR RISE OF EUR 6.7 MILLION (Q1 2016: EUR 8.7 MILLION).  Full Article

Deutz aims for hybrid, electric engines by 2020 -CEO

DUESSELDORF, Sept 28 Specialty diesel engine maker Deutz aims to expand its business to include hybrid and battery-powered engines from 2020, banking on an expected boom in demand for electric vehicles.