Deutz Ag · XETR:DEZ
Deutz — H1 2025 Earnings Presentation
27 slides from Deutz's earnings presentation, Aug 7, 2025
Slide 1: H1 2025 results
DEUTZ H1 2025 results August 7, 2025
Slide 2: Disclaimer
Disclaimer Unless stated otherwise, all figures given in this presentation refer to continuing operations. The details given in this document are based on the information available at the time it was prepared. This presents the risk that actual figures may differ from forward-looking statements. Suc
Slide 3: Agenda: Overview & current development
AGENDA Overview & current development Dr. Sebastian C. Schulte Dr. Sebastian C. Schulte | CEO 3 DEUTZ Geschäftszahlen FY 2024 | 20. März 2025
Slide 4: H1 2025: Portfolio development pays off with profitable growth
H1 2025: Portfolio development pays off with profitable growth New orders Revenue EBIT margin1 FCF2 €1,034 million €1,007 million 4.7% €14.4 million +30.7% y-o-y, +15.0% y-o-y -1.0pp y-o-y, still impacted +€49.5 million y-o-y, latest acquisitions and due to contribution from by low production volume
Slide 5: Highlights Engines: Strong interest for new engine and TAFE cooperation preparing for production
Highlights Engines: Strong interest for new engine and TAFE cooperation preparing for production Launch of DEUTZ TCD 3.9 engine Status TAFE cooperation ▪ New engine with state-of-the-art technical concept ▪ Important milestone for TAFE cooperation: ground- (one engine platform from 75kW up to 130kW,
Slide 6: Highlights Services: Organic and inorganic growth continues
Highlights Services: Organic and inorganic growth continues Strengthening of industrial fleet service Acquisition of service company in Turkey ▪ Appointed as Authorized Technical Service Partner for ▪ Signing of acquisition of Turkish DEUTZ distributor and JLG in Spain, one of the world’s leading ma
Slide 7: Highlights New Technology: UMS acquisition completed
Highlights New Technology: UMS acquisition completed ▪ Acquisition of UMS (Urban Mobility Systems), the Dutch specialist for the electrification of off-highway vehicles, closed beginning of June 2025 ▪ Integration approach similar to Blue Star Power Systems: Focus on keeping entrepreneurial spirit a
Slide 8: Highlights Energy: Blue Star Power Systems with continued strong growth
Highlights Energy: Blue Star Power Systems with continued strong growth ▪ Continued profitable growth of Blue Star Power Systems (BSPS) ▪ H1 2025 EBIT margin of ~20% before PPA ▪ BSPS key dealer secured contract with major US retailer, adding to its already very successful business with another reta
Slide 9: Business Unit Defense established: Provide power for those who protect
Business Unit Defense established: Provide power for those who protect ▪ New business unit Defense bundles DEUTZ's technology and offerings for a targeted market exploitation in the defense sector ▪ Focus markets: ▪ Mobility and energy solutions for the European defense segment ▪ Strong service and
Slide 10: H1 2025 in numbers
H1 2025 in numbers Oliver Neu DEUTZ Geschäftszahlen FY 2024 | 20. März 2025
Slide 11: Future Fit: Expected savings for FY 2025 increased to >€25 million
Future Fit: Expected savings for FY 2025 increased to >€25 million Future Fit cost program (in € million) ▪ Program fully on track, sustainable savings of >50 >€50 million from end of 2026 onwards 50 Implementation/ 20% validation ▪ Savings target for 2025 increased to >€25 million (from >€20 millio
Slide 12: DEUTZ Group – H1 2025 business figures
DEUTZ Group – H1 2025 business figures New orders Revenue Adjusted EBIT1 in € million In € million in € million (margin in %) +30.7% +15.0% -6.0% 1,034.1 1,007.1 50.1 47.1 875.5 791.0 5.7% 4.7% H1 2024 H1 2025 H1 2024 H1 2025 H1 2024 H1 2025 ▪ New orders rose significantly due to portfolio developme
Slide 13: Segment DEUTZ Engines & Services
Segment DEUTZ Engines & Services Engines & Services ▪ Business Unit Engines in € million H1 2024 H1 2025 ▪ 66,148 units sold (-10.1% y-o-y) ▪ H1 2025 production still 14.6% below previous year, New orders 774.7 932.2 leading to negative economies of scale, but production volume slightly increased in
Slide 14: Segment DEUTZ Solutions
Segment DEUTZ Solutions Solutions ▪ Business Unit Energy in € million H1 2024 H1 2025 ▪ Book-to-bill ratio of 1.1, solid order momentum in Q2 after major order booked in Q1 New orders 16.3 101.8 ▪ Revenue of €79.3 million ▪ Adj. EBIT of €8.0 million2 Revenue 11.0 83.7 ▪ Business Unit New Technology
Slide 15: R&D spending, capital expenditure, and working capital
R&D spending, capital expenditure, and working capital Net R&D spending1 Capital expenditure1,2 Working capital in € million in € million in € million -8.3% -4.4% 49.2 -20.0% 383.0 45.1 366.1 45.5 5.6% 12.4 36.4 21.1% 18.8% 4.5% 5.8 H1 2024 H1 2025 H1 2024 H1 2025 31.12.2024 30.06.2025 R&D ratio The
Slide 16: Cash flow and net debt
Cash flow and net debt Cash flow from Free cash flow1 Net debt2 in € million in € million operating activities in € million +33.5 +57.5 259.1 60.8 +49.5 225.6 81.6 14.4 86.9 Thereof leases Thereof leases 3.3 H1 2024 H1 2025 -35.1 31.12.2024 30.06.2025 H1 2024 H1 2025 ▪ Operating cash flow: Primarily
Slide 17: Balance sheet, financing and dividend
Balance sheet, financing and dividend Equity1 Leverage2 Dividend per share in € million Net debt3/EBITDA LTM4 in € 1,760 1,683 1.5 0.17 0.17 50.4% 1.3 0.15 45.9% 848 808 0.8 0.6 31.12.2024 30.06.2025 2022 2023 2024 H1 2025 2022 2023 2024 Total assets Equity % Equity ratio ▪ Equity ratio at 45.9%, im
Slide 18: Guidance for 2025
AGENDA Guidance for 2025 Dr. Sebastian C. Schulte Dr. Sebastian C. Schulte | CEO 18 DEUTZ AG | H1 2025 results | August 7, 2025
Slide 19: Guidance 2025 confirmed
Guidance 2025 confirmed Guidance 2025 ▪ Economic recovery expected in the second half of 2025 €2.1 to €2.3 billion thereof €2.0 to €2.2 billion in the DEUTZ Revenue ▪ Sustainable cost savings of at Engines & Services segment and €150 to €200 least €25 million from Future Fit million in the DEUTZ Sol
Slide 20: Transformation into a more broadly positioned and resilient company
Transformation into a more broadly positioned and resilient company ▪ Good progress in all businesses – supported by our portfolio moves and partnerships ▪ Engines: Cooperation with TAFE progressing with start of series production in India in 2027 ▪ Service: Continued growth trajectory, e.g. with si
Slide 21: Thank you for your attention! Any questions?
Thank you for your attention! Any questions?
Slide 22: Financial calendar and contact details
Financial calendar and contact details Financial calendar Contact Q3 2025 quarterly statement November 6, 2025 Investor Relations +49 (0) 221 822-3600 2025/ 2025 annual report March 26, 2026 ir@deutz.com 2026 Follow us on ANNUAL REPORT 2024 DEUTZ 2024 – THE MAGAZINE www.deutz.com/en/annualreport2024
Slide 23: Appendix
Appendix
Slide 24: H1 2025: Revenue breakdown by application and region
H1 2025: Revenue breakdown by application and region Revenue by application segment1 Revenue by region1 H1 2025 (H1 2024) H1 2025 (H1 2024) Stationary Equipment Miscellanous Asia-Pacific China 12% (6%) 9% (3%) 7% (8%) 4% (6%) €117.4 million €87.4 million €68.4 million €44.8 million +108.9% +213.3% -
Slide 25: Future Fit cost program: Potential confirmed in all areas
Future Fit cost program: Potential confirmed in all areas Field Details I R&D costs in the €20 million Flexibilization and reduction of capacities and costs – through Classic segment offshoring, nearshoring and reduction of jobs in Cologne II More focused spending €10 million Alignment of product de
Slide 26: Dual+ strategy incorporates mid-term targets 2028 and ambitions 2030
Dual+ strategy incorporates mid-term targets 2028 and ambitions 2030 Mid-term revenue ambition (in € billion) ▪ Solutions expected to grow at 30% CAGR until 2030; more than €500 +13% CAGR ~4.0 million in revenue expected from Energy 3.2-3.4 21% Solutions – growth driven both organically and by acqui
Slide 27: DEUTZ AG | H1 2025 results
DEUTZ AG | H1 2025 results | August 7, 2025