Join Christian Ludwig, Investor Relations at DEUTZ AG, as he presents an in-depth look at the company’s impressive financial results for the first quarter of 2023 in this detailed presentation. This video shares key operational and strategic developments, highlights strategic progress in their classic, green, and service sectors, and unveils a significant alliance with Daimler Truck.
Uncover the successful growth trends as DEUTZ AG reports a 10.6% increase in unit sales, leading to a 15.5% rise in revenues to €517.2 million. The adjusted EBIT margin increased by 3.5% to 6.2%, significantly improving profitability. Christian Ludwig also provides a detailed look into the revenue specifics, cash flow, net financial position, and full-year guidance for 2023.
Christian reveals DEUTZ’s optimistic outlook towards achieving the upper end of the full-year 2023 guidance ranges due to the successful start of the year. In addition, learn about their ‘Dual+’ strategy combining a profitable core business with expanding their global service business for a green transformation.
Get an insight into DEUTZ’s expansion strategy, like the launch of its ninth service centre in Howell, Michigan. The presentation also dives into DEUTZ’s partnership with Daimler Truck, one of the company’s largest shareholders. In summary, DEUTZ AG demonstrates a promising Q1 2023 financial performance, driven by its strategic initiatives, profitable core business, and global service business expansion.
May 18, 2023
09:11 
seat11a – Publicly Listed Companies: Elevator Pitch, Deep-Dive, Financial Results, and ESG
Reviews for DEUTZ AG Financial Results Q1 2023 | Business Growth & Strategic Alliances with IR