25.03.2019 DEUTZ AG  DE0006305006

DGAP-News: DEUTZ AG: DEUTZ prepares the way for carbon-neutral mobility with hydrogen drive systems


 

DGAP-News: DEUTZ AG / Key word(s): Alliance
DEUTZ AG: DEUTZ prepares the way for carbon-neutral mobility with hydrogen drive systems

25.03.2019 / 09:00
The issuer is solely responsible for the content of this announcement.


- DEUTZ and KEYOU sign letter of intent on collaboration
- First prototype based on a DEUTZ engine has already been developed
- Hydrogen adds a further possibility for carbon-neutral drive systems alongside the E-DEUTZ strategy


DEUTZ AG and the Munich-based start-up KEYOU intend to build on their existing partnership and jointly develop commercially viable carbon-neutral hydrogen engines for off-road and on-road applications, and for power generation, and bring them to production readiness. A letter of intent to this effect was recently signed by Dr Frank Hiller, Chairman of the DEUTZ AG Board of Management, and Thomas Korn, CEO of KEYOU GmbH.

As a leading global manufacturer of innovative drive systems, DEUTZ is seeking to play a pioneering role in the development of high-quality, eco-friendly and efficient engines. Alongside the E-DEUTZ strategy, which launched last year and has been pursued with purpose ever since, the collaboration with KEYOU represents a further step forward in the advancement of alternative drive technologies and fuels. "The use of alternative fuels such as hydrogen is growing in importance. We believe that this drive solution will be a valuable addition to our electrification strategy and play an integral role in the zero-emission vehicles of the future," says DEUTZ CEO, Dr Frank Hiller.

By working on the development of a hydrogen combustion engine, DEUTZ is also offering an alternative to fuel-cell technology. The company's expertise in combustion engines is being combined with KEYOU-inside technology, which can convert conventional production engines to run on hydrogen. The technology is extremely scalable, both for on-road and off-road applications, and it can be used in a range of hybrid configurations, including in combination with electric drives.

KEYOU has developed a prototype for its KEYOU-inside technology that can turn a conventional diesel engine into a drive based on state-of-the-art hydrogen technology. DEUTZ provided support as a development partner, supplying the engine - one of its standard six-cylinder models - and sharing its engineering expertise. The resulting hydrogen combustion engine is extremely cost-efficient, which makes it an attractive alternative to electric drives, fuel-cell drives and other zero-emission systems.

KEYOU's first 7.8-litre prototype DEUTZ engine was unveiled to the public in 2018 at the bauma China trade fair and will also be showcased in April 2019 at the bauma in Munich. Specific pilot projects with vehicle manufacturers and end users are in the planning stage, with the appearance of the first prototype vehicles expected in the first half of 2020. The aim is to bring them to production readiness by 2021/22. "Our new KEYOU-inside H2 combustion technology is not only cost-efficient, robust and powerful, but it is also perfect for use with DEUTZ engines thanks to its high degree of scalability," says Alvaro Sousa, CTO of KEYOU.


For further information on this DEUTZ AG press release, please contact:

Leslie Isabelle Iltgen
Senior Vice President Communications & Investor Relations

Tel.: +49 (0)221 822-3600
Fax: +49 (0)221 822-15-3600
Email: [email protected]


About DEUTZ AG

DEUTZ AG, a publicly traded company headquartered in Cologne, Germany, is one of the world's leading manufacturers of innovative drive systems. Its core competences are the development, production, distribution and servicing of diesel, gas and electric engines for professional applications. It offers a broad range of engines delivering up to 620 kW that are used in construction equipment, agricultural machinery, material handling equipment, stationary equipment, commercial vehicles, rail vehicles and other applications. DEUTZ has around 4,700 employees worldwide and over 800 sales and service partners in more than 130 countries, and in 2018 generated revenue of EUR1,778.8 million.

Further information is available at www.deutz.com.

About KEYOU GmbH
KEYOU GmbH was founded in autumn 2015 by the engineer Thomas Korn (48) together with his former BMW colleague and KEYOU CTO Alvaro Sousa, as well as energy expert Ivo Pimentel. The high-tech company from Unterschleißheim/Munich develops innovative technologies, special components and combustion processes for vehicle and engine manufacturers, in order to turn conventional gasoline and diesel engines into emission-free hydrogen engines. The technology is independent of engine model and manufacturers and can be used for new and existing vehicles; the current focus is on commercial vehicles. Further information is available at https://www.keyou.de/.



25.03.2019 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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Language: English
Company: DEUTZ AG
Ottostraße 1
51149 Köln (Porz-Eil)
Germany
Phone: +49 (0)221 822 0
Fax: +49 (0)221 822 3525
E-mail: [email protected]
Internet: www.deutz.com
ISIN: DE0006305006
WKN: 630500
Indices: SDAX
Listed: Regulated Market in Dusseldorf, Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange

 
End of News DGAP News Service

791013  25.03.2019 

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Die wichtigsten Finanzdaten auf einen Blick
  2015 2016 2017 2018 2019 2020 2021e
Umsatzerlöse1 1.247,40 1.260,20 1.479,10 1.778,80 1.840,80 1.295,60 1.660,00
EBITDA1,2 112,20 114,20 240,00 161,40 175,50 -0,20 130,00
EBITDA-Marge3 8,99 9,06 16,23 9,07 9,53 -0,02 7,83
EBIT1,4 4,90 23,40 146,50 82,00 88,10 -106,60 24,50
EBIT-Marge5 0,39 1,86 9,90 4,61 4,79 -8,23 1,48
Jahresüberschuss1 3,50 16,00 121,20 69,90 52,30 -107,60 30,00
Netto-Marge6 0,28 1,27 8,19 3,93 2,84 -8,31 1,81
Cashflow1,7 103,30 63,80 112,70 97,50 115,60 44,90 0,00
Ergebnis je Aktie8 0,04 0,14 1,00 0,58 0,43 -0,89 0,25
Dividende8 0,07 0,07 0,15 0,15 0,00 0,00 0,05
Quelle: boersengefluester.de und Firmenangaben

  Geschäftsbericht 2020 - Kostenfrei herunterladen.  
1 in Mio. Euro; 2 EBITDA = Ergebnis vor Zinsen, Steuern und Abschreibungen; 3 EBITDA in Relation zum Umsatz; 4 EBIT = Ergebnis vor Zinsen und Steuern; 5 EBIT in Relation zum Umsatz; 6 Jahresüberschuss (-fehlbetrag) in Relation zum Umsatz; 7 Cashflow aus der gewöhnlichen Geschäftstätigkeit; 8 in Euro; Quelle: boersengefluester.de

Wirtschaftsprüfer: PricewaterhouseCoopers

INVESTOR-INFORMATIONEN
©boersengefluester.de
Deutz
WKN Kurs in € Einschätzung Börsenwert in Mio. €
630500 6,140 Halten 742,09
KGV 2022e KGV 10Y-Ø BGFL-Ratio Shiller-KGV
10,23 19,60 0,52 28,17
KBV KCV KUV EV/EBITDA
1,39 16,53 0,57 -4.931,46
Dividende '20 in € Dividende '21e in € Div.-Rendite '21e
in %
Hauptversammlung
0,00 0,05 0,81 28.04.2022
Q1-Zahlen Q2-Zahlen Q3-Zahlen Bilanz-PK
05.05.2022 12.08.2021 10.11.2021 14.03.2022
Abstand 60Tage-Linie Abstand 200Tage-Linie Performance YtD Performance 52 Wochen
-14,66% -11,69% 20,39% 27,17%
    
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