Deutz Ag · XETR:DEZ
Deutz — Deutz Ag Akt — 9M 2025 Earnings Presentation
29 slides from Deutz's earnings presentation, Nov 6, 2025
Slide 1: 9M 2025 results
DEUTZ 9M 2025 results November 6, 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: 9M 2025: Growing business and profitability continues to increase
9M 2025: Growing business and profitability continues to increase New orders Revenue EBIT margin1 FCF2 €1,505 million €1,500 million 5.0% €2.4 million +11.8% y-o-y, +14.9% y-o-y +0.6pp y-o-y, clearly +€31.0 million y-o-y, broadened portfolio due to portfolio positive trend quarter by above previous
Slide 5: Q3 2025 demonstrates clear year-on-year improvement and margin momentum
Q3 2025 demonstrates clear year-on-year improvement as well as continuous momentum in margin uptake Adjusted EBIT1 in € million (margin in %) +21.2 (+294%) 30 28.4 7 27.7 26.1 5.8% 25 6 6.1% 22.4 21.0 5.0% 5.3% 19.4 5 20 4.3% 3.8% 4 15 3 10 7.2 2 5 1.7% 1 0 0 Q1 Q2 Q3 Q4 Q1 Q2 Q3 2024 2025 5 1 Befor
Slide 6: Diversified end-market exposure supports stable performance despite mixed market dynamics
Diversified end-market exposure supports stable performance despite mixed market dynamics Short-term market outlook1 in % expected market growth Europe ▪ Construction equipment: Still muted US construction activity in Europe, stable DEUTZ revenue 15% infrastructure demand in the US – overall resilie
Slide 7: Highlights Defense: Strengthening footprint in defense tech ecosystem
Highlights Defense: Strengthening footprint in defense tech ecosystem ▪ DEUTZ is systematically strengthening its activities in the evolving defense tech ecosystem of drones and autonomous land vehicles ▪ Acquisition of SOBEK Group, a leading manufacturer of high-performance electric drives for high
Slide 8: Highlights Engines: Extension of product portfolio
Highlights Engines: Extension of product portfolio ▪ Engine portfolio expanded with DEUTZ TCD 24.0 V12 GDU-L ▪ Engine concept optimized for use in gensets ▪ Rapid product development through utilization of the international supply chain ▪ Currently being tested in genset operation at pilot customer
Slide 9: Highlights Services: Continuously growing global service network
Highlights Services: Continuously growing global service network ▪ Growth strategy in service consistently being implemented: Acquisition of Turkish service partner Catalkaya Makina closed beginning of Oct. 2025; service network and capabilities in the US strengthened with latest takeover of two ser
Slide 10: Highlights Solutions: Energy continues strong performance
Highlights Solutions: Energy continues strong performance ▪ Business Unit Energy continues its growth story, driven by Blue Star Power Systems (BSPS) in the North American market ▪ Continued favorable markets and growth opportunities in the US ▪ Ramp-up of joint service operations with existing DEUT
Slide 11: 9M 2025 in numbers
9M 2025 in numbers Oliver Neu DEUTZ Geschäftszahlen FY 2024 | 20. März 2025
Slide 12: Funding the growth: Successful capital increase carried out
Funding the growth: Successful capital increase carried out ▪ 10% capital increase against cash contributions from authorized capital with the exclusion of pre-emption rights carried out beginning of September 2025 via accelerated bookbuilding ▪ ~13.9 million new shares placed at €9.45 per share ▪ G
Slide 13: Future Fit: Expected savings for FY 2025 of >€25 million
Future Fit: Expected savings for FY 2025 of >€25 million Future Fit cost program (in € million) ▪ Measures fully implemented, sustainable savings >50 of >€50 million from end of 2026 onwards 50 15% Implementation/ validation ▪ Savings target for 2025 increased to >€25 million I Classic R&D 20 ▪ Furt
Slide 14: DEUTZ Group – 9M 2025 business figures
DEUTZ Group – 9M 2025 business figures New orders Revenue Adjusted EBIT1 in € million In € million in € million (margin in %) +11.8% +14.9% +31.8% 1,504.5 1,500.4 75.5 1,346.2 1,305.9 5.0% 57.3 4.4% 9M 2024 9M 2025 9M 2024 9M 2025 9M 2024 9M 2025 ▪ New orders increased due to portfolio development;
Slide 15: Segment DEUTZ Engines & Services
Segment DEUTZ Engines & Services Engines & Services ▪ Business Unit Engines in € million 9M 2024 9M 2025 ▪ 97,438 units sold (-8.3% y-o-y) ▪ 9M 2025 in-house production 9.8% below previous New orders 1,212.4 1,374.0 year, still leading to negative economies of scale ▪ Positive effects from Daimler T
Slide 16: Segment DEUTZ Solutions
Segment DEUTZ Solutions Solutions ▪ Business Unit Energy in € million 9M 2024 9M 2025 ▪ Order intake of €115.7 million, book-to-bill ratio of 0.9 New orders 133.8 130.5 ▪ Revenue of €123.1 million ▪ Adj. EBIT of €11.4 million2 Revenue 40.3 131.8 ▪ Business Unit New Technology Adjusted EBIT1 -20.2 -1
Slide 17: 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 +4.3% -8.7% 70.1 -3.3% 399.6 64.0 383.0 65.9 63.7 5.4% 16.2 10.5 21.1% 19.9% 4.3% 9M 2024 9M 2025 9M 2024 9M 2025 31.12.2024 30.09.2025 R&D ratio The
Slide 18: 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 +43.6 +45.0 +31.0 269.2 76.4 2.4 225.6 81.9 86.9 31.4 Thereof leases Thereof leases -28.6 9M 2024 9M 2025 9M 2024 9M 2025 31.12.2024 30.09.2025 ▪ Operating cash flow developmen
Slide 19: Balance sheet, financing and dividend
Balance sheet, financing and dividend Equity1 Leverage2 Dividend per share in € million Net debt3/EBITDA LTM4 in € 1,929 1,683 0.17 0.17 1.4 50.4% 1.3 0.15 49.0% 946 0.8 848 0.6 31.12.2024 30.09.2025 2022 2023 2024 9M 2025 2022 2023 2024 Total assets Equity % Equity ratio ▪ Equity ratio at solid 49.
Slide 20: Agenda: Guidance for 2025
AGENDA Guidance for 2025 Dr. Sebastian C. Schulte Dr. Sebastian C. Schulte | CEO 20 DEUTZ AG | 9M 2025 results | November 6, 2025
Slide 21: Guidance 2025 specified
Guidance 2025 specified ▪ Revenue now expected at the lower end of the guidance range at €2.1 billion, due to lack of Specification of FY 2025 guidance recovery particularly in the construction and agricultural At €2.1 billion and thus at the lower sectors Revenue €2.1 billion to end of the guidance
Slide 22: Dual+ strategy continues to pay off – confidence for Q4
Dual+ strategy continues to pay off – confidence for Q4 ▪ Despite no tangible recovery in engine demand in construction, agri and material handling, DEUTZ is steadily increasing its profitability from quarter to quarter, reaching 5.8% in Q3 ▪ Future Fit cost program implemented, further savings to m
Slide 23: Thank you for your attention! Any questions?
Thank you for your attention! Any questions?
Slide 24: Financial calendar and contact details
Financial calendar and contact details Financial calendar Contact 2025 annual report March 26, 2026 Investor Relations Q1 2026 quarterly statement May 7, 2026 +49 (0) 221 822-3600 2026 ir@deutz.com Annual General Meeting May 13, 2026 Follow us on ANNUAL REPORT 2024 DEUTZ 2024 – THE MAGAZINE www.deut
Slide 25: Appendix
Appendix
Slide 26: 9M 2025: Revenue breakdown by application and region
9M 2025: Revenue breakdown by application and region Revenue by application segment1 Revenue by region1 9M 2025 (9M 2024) 9M 2025 (9M 2024) Stationary Equipment Miscellanous Africa/ Middle East China 12% (7%) 9% (3%) 4% (4%) 4% (6%) €180.1 million €131.7 million €60.3 million €66.0 million +84.2% +2
Slide 27: 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 28: 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 29: DEUTZ AG | 9M 2025 results
DEUTZ AG | 9M 2025 results | November 6, 2025