DEUTZ Aktiengesellschaft Raises Its Earnings Guidance for the Year 2021
September 13, 2021 at 12:38 pm EDT
DEUTZ Aktiengesellschaft raised earnings guidance for the year 2021 due to continued strong demand in all of the main application segments and a significantly improved earnings performance. For the year 2021, the company anticipates unit sales of 155,000 to 170,000 DEUTZ engines compared to previously expected 140,000 to 155,000 DEUTZ engines. This should result in an increase in revenue to between €1.6 billion and €1.7 billion
compared with previously expected €1.5 billion and €1.6 billion. The forecast for service revenue is unchanged at around €400 million.