DEUTZ Group: New orders
Sharp year-on-year rise in new orders
The DEUTZ Group received new orders worth €1,556.5 million in 2017, which was 23.4 per cent above the figure of €1,261.4 million achieved in the previous year. New orders increased in all the main application segments: by 44.1 per cent in Material Handling, by 39.3 per cent in Agricultural Machinery, by 29.9 per cent in Construction Equipment and by 16.7 per cent in Stationary Equipment. The Automotive application segment’s new orders declined by 19.9 per cent. Our truck and bus engine business is increasingly shifting to our Chinese DEUTZ Dalian joint venture, which is consolidated under the equity method and is therefore not included in the DEUTZ Group’s sales figures. The service business maintained the strong performance seen in recent years with a rise of 9.6 per cent. New orders followed a positive trajectory over the course of the year, with year-on-year increases in every quarter. In the fourth quarter of 2017, we received new orders amounting to €382.7 million, which was 17.4 per cent more than in the fourth quarter of 2016. DEUTZ Italy (formerly IML Motori S.r.l.) and Torqeedo have been fully consolidated since the fourth quarter of 2017, so their new orders are included in the total for the final quarter of the year.
DEUTZ Group: New orders by quarter
Orders on hand totalled €270.9 million as at 31 December 2017, a rise of 41.8 per cent compared with the figure of €191.0 million at the end of 2016.