09.10.2019 DEUTZ AG  DE0006305006

DGAP-News: DEUTZ AG: DEUTZ acquires battery specialist Futavis


 

DGAP-News: DEUTZ AG / Key word(s): Takeover
DEUTZ AG: DEUTZ acquires battery specialist Futavis

09.10.2019 / 08:00
The issuer is solely responsible for the content of this announcement.


  • Strengthening of inhouse expertise in key battery technology
  • High-voltage battery management system enhances the E-DEUTZ strategy
  • Futavis has many years of experience with prestigious customers

Today, DEUTZ AG announced its purchase of Futavis GmbH, a development service provider for battery management hardware and software. The purchase of Futavis GmbH enables DEUTZ AG to incorporate batteries, a crucial core component, in its electrification strategy.

Futavis has extensive technical expertise in electronics, software, battery technology, and battery testing and in ensuring functional safety. The systems knowledge of DEUTZ subsidiary Torqeedo in the area of electric drives will thus be supplemented with high-voltage battery technology.

"Battery technology is a vitally important element of our E-DEUTZ strategy, which we will be further expanding with the Futavis acquisition. With Futavis adding to the strong systems expertise of our DEUTZ and Torqeedo development teams by contributing its knowledge of components for high-voltage batteries, battery management systems, and safety engineering, we are taking the next step towards CO2 free off-highway-mobility," says Dr. Frank Hiller, CEO of DEUTZ AG.

Futavis also welcomes its acquisition by the Cologne-based drive system specialist. "In DEUTZ, Futavis has found the ideal partner that will enable it to continue to grow and scale up. It has a strong global brand, access to worldwide markets for high-performance on- and off-highway drive systems, and systems engineering development expertise. And last but not least, the collaborative partnership has worked very well over the past few months. I look forward to growing alongside DEUTZ in the future," explains Dr. Jens Bockstette, founder and managing director of Futavis GmbH.

Futavis GmbH has developed and implemented numerous systems for prestigious customers in the automotive and commercial vehicle sectors. Founded in Alsdorf in 2013, the company employs around 30 people and is aiming to generate revenue of more than EUR5 million in 2019. The parties have agreed not to disclose the purchase price.


Upcoming financial dates
November 7, 2019: Interim management statement for the first to third quarter of 2019
March 18, 2020: 2019 annual report / annual results press conference
May 14, 2020: 2020 Annual General Meeting

Contact
DEUTZ AG / Leslie Isabelle Iltgen / SVP Communications & Investor Relations
Tel: +49 (0)221 822 3600 / Email: [email protected]

Further information is available at www.deutz.com.

Forward-looking statements
This investor news may contain certain forward-looking statements based on current assumptions and forecasts made by the DEUTZ management team. Various known and unknown risks, uncertainties, and other factors may lead to material differences between the actual results, the financial position, or the performance of the DEUTZ Group and the estimates and assessments set out here. These factors include those that DEUTZ has described in published reports, which are available at www.deutz.com. The Company does not undertake to update these forward-looking statements or to change them to reflect future events or developments.



09.10.2019 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
EQS News ID: 887237

 
End of News DGAP News Service

887237  09.10.2019 

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Die wichtigsten Finanzdaten auf einen Blick
  2016 2017 2018 2019 2020 2021 2022e
Umsatzerlöse1 1.260,20 1.479,10 1.778,80 1.840,80 1.295,60 1.617,30 1.820,00
EBITDA1,2 114,20 240,00 161,40 175,50 -0,20 123,10 166,00
EBITDA-Marge3 9,06 16,23 9,07 9,53 -0,02 7,61 9,12
EBIT1,4 23,40 146,50 82,00 88,10 -106,60 34,10 76,00
EBIT-Marge5 1,86 9,90 4,61 4,79 -8,23 2,11 4,18
Jahresüberschuss1 16,00 121,20 69,90 52,30 -107,60 38,20 47,00
Netto-Marge6 1,27 8,19 3,93 2,84 -8,31 2,36 2,58
Cashflow1,7 63,80 112,70 97,50 115,60 44,90 93,30 0,00
Ergebnis je Aktie8 0,14 1,00 0,58 0,43 -0,89 0,32 0,39
Dividende8 0,07 0,15 0,15 0,00 0,00 0,15 0,15
Quelle: boersengefluester.de und Firmenangaben

  Geschäftsbericht 2021 - 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 4,336 Halten 524,06
KGV 2023e KGV 10Y-Ø BGFL-Ratio Shiller-KGV
8,50 17,89 0,48 17,41
KBV KCV KUV EV/EBITDA
0,92 5,62 0,32 5,93
Dividende '20 in € Dividende '21e in € Div.-Rendite '21e
in %
Hauptversammlung
0,00 0,15 3,46 28.04.2022
Q1-Zahlen Q2-Zahlen Q3-Zahlen Bilanz-PK
05.05.2022 11.08.2022 10.11.2022 14.03.2022
Abstand 60Tage-Linie Abstand 200Tage-Linie Performance YtD Performance 52 Wochen
5,96% -17,61% -34,00% -40,44%
    
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