Deutz maintains Q1 profits despite revenue dip

Becky Schultz Vice President of Content, Power Division

03 May 2024

Deutz AG reported a revenue of €454.7 million for the first quarter of 2024, maintaining profitability despite a 10.3% decline compared to Q1 2023. Unit sales were down sharply and new orders from continuing operations decreased by 18.7%, which the company attributed to the weak economic climate and normalization effects.…

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