New orders in 2007 saw a year on year increase of 22.2 per cent
DEUTZ, one of the world's leading independent diesel and gas engine manufacturers, has enjoyed a period of consistent growth over the past 12 months.
On the back of strong demand, particularly in the compact engines sector, new orders in 2007 saw a year on year increase of 22.2 per cent.
Unit sales climbed to 285, 861 engines, a rise of 20.8 per cent, with Group revenue increased by 28.8 per cent to EUR 1.524.2 billion - driven primarily by international business growth.
Overall nett income was also significantly boosted by the sale of DEUTZ Power Systems, as part of the company’s strategy for a more concentrated focus as an independent manufacturer of compact engines.
This more positive concentration was reflected by significant growth in the compact engines sector, where new orders increased by 26.7 per cent, with unit sales up 25.0 per cent.
As a result of the past year's successful financial performance, the DEUTZ Supervisory Board has proposed a dividend of EUR 0.40 per share.
DEUTZ AG-UK Branch Manager, Klaus-Ulrich Klinger, said: "In keeping with the overall Group strategy, we have concentrated on further improving our customer service and strengthening the company's position in the British market - particularly with major OEM's, plant hire groups and large fleet operators - with an enhanced distributor network providing more localised sales, service and parts support to the ever growing number of other UK customers".
Originally established in 1864, DEUTZ now has an engines range extending from 9kW to 500kW, with models suitable for a wide variety of markets and applications, including the construction, quarrying, mining, materials handling, agricultural, groundcare, industrial and airport ground handling equipment sectors.
DEUTZ engines are widely used in excavators, wheeled loaders, access platforms, compactors, cranes, crushers, screeners, compressors, lift trucks, tractors, ride-on mowers, chippers, shredders, gensets and other off-highway mobile plant.
The company has also just introduced a new range of Air-cooled Diesel Gensets (ADG). These powerful yet compact generating sets are available in three, four & six cylinder versions and set new standards in quality, performance, reliability and efficiency.
Full sales, service and product support is available through the DEUTZ UK centrally located Cannock facility, supported by a dedicated nationwide team of factory trained Service Engineers, equipped with a fleet of mobile workshops, together with a network of specialist appointed local distributors.
Further information about the DEUTZ compact engines range is available from: DEUTZ AG-UK Branch, Deutz House, Willow Park, Burdock Close, Cannock, Staffordshire, WS11 7FQ. Tel: 01543 438900. Fax: 01543 438932. Email: [email protected] web: www.deutzuk.com