Learn languages naturally with fresh, real content!

Popular Topics
Explore By Region
Deutz AG lowers 2024 financial outlook, projecting under 150,000 engine sales and cost-cutting measures.
Deutz AG has lowered its financial outlook for 2024, anticipating unit sales of under 150,000 engines, down from 160,000.
The company does not foresee a demand recovery in the fourth quarter and is implementing cost-cutting measures.
Expected revenue is now around €1.8 billion, with an EBIT margin of 4.0 to 5.0%, and free cash flow projected to be at least break-even.
Third-quarter results will be released on November 7, 2024.
3 Articles
Deutz AG reduce las perspectivas financieras de 2024, proyectando menos de 150.000 ventas de motores y medidas de reducción de costes.