March 20, 2014
Deutz is forecasting low double-digit revenue growth in 2014 after describing 2013 as an “encouraging year” for the German company.
Last year saw improvements in all the diesel engine manufacturer’s key performance figures, despite the sluggish global market.
And the company says tipped 2014 revenue growth is likely to be coupled with a moderate improvement in the EBIT margin excluding one-off items, which the firm expects to rise to above 4.0%.
In 2013, the Deutz Group received orders worth €1,649.7 mil