Every three years, construction equipment manufacturers from across the globe gather at CONEXPO, held in the Las Vegas Convention Center in the heart of the vibrant entertainment hub in the Nevada desert.

This year, DEUTZ AG made its debut in the American market by unveiling four new diesel engines: the TCD 5.0 and TCD 9.0 four-cylinder engines, and the TCD 12.0, TCD 13.5, and TCD 18.0 six-cylinder engines.

Set for worldwide distribution in 2019 to comply with the next EU Stage V emission standard, the compact TCD 5.0 engine generates 656 lb ft of torque through a design that minimises pipework and components.

Its counterpart, the four-cylinder TCD 9.0, targets wheel loaders and excavators with its 300-400 hp power output and over 1,250 lb ft of torque.

DEUTZ also introduced two in-line six-cylinder models: the TCD 12.0, offering 536 hp, and the TCD 13.5, boasting 600 hp.

DEUTZ AG – FINANCIAL RESULTS FOR 2016

Recently, DEUTZ AG announced its consolidated financial results for 2016.

New orders reached €1,261.4 million, marking a 2.9% increase compared to the prior-year figure of €1,225.9 million.

The level of new orders rose in the Construction Equipment, Material Handling, and Agricultural Machinery application segments, as well as in the service business.

Here is a summary of the results:

• A total of 132,539 engines were sold.
• Operating profit (EBIT) increased by €18.5 million to €23.4 million in 2016.
• The EBIT margin improved to 1.9%, compared to 0.4% the previous year.
• Net income rose from €3.5 million in 2015 to €16.0 million, resulting in earnings per share of €0.14 compared to €0.04 for the same period in the previous year.

Dr. Frank Hiller was appointed as a member of the Board of Management and its chairman, effective from January 1, 2017. Dr. Hiller stated, “We aim to collaborate with our customers in stable, long-term partnerships and offer them reliable and innovative technologies. Our objective is to strengthen our market position, commercial success, and become more appealing to our customers and the capital markets.”

While DEUTZ foresees a stagnant market in 2017, or possibly slight growth, early signs of potential improvement are already visible. A strong base effect has emerged as European customers exhaust their inventories. Consequently, the company anticipates a notable increase in revenue.