18.08.2020 DEUTZ AG  DE0006305006

DGAP-Adhoc: DEUTZ AG: DEUTZ reaches agreement on a key issues paper as part of the implementation of its global efficiency program


 

DGAP-Ad-hoc: DEUTZ AG / Key word(s): Miscellaneous
DEUTZ AG: DEUTZ reaches agreement on a key issues paper as part of the implementation of its global efficiency program

18-Aug-2020 / 18:57 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.


Today, DEUTZ has reached agreement on a key issues paper, representing an important milestone in the implementation of its global 'Transform for Growth' efficiency program. The aim of the measures agreed in this context is to further strengthen the Company's competitiveness at a global level whilst protecting the viability of Germany as a company base.

Central aspects of the key issues paper are a socially responsible headcount reduction of up to 350 by way of a volunteer program for the Company's German sites, an interim employment company to operate in conjunction with the volunteer program, and the agreement of a social compensation plan.

All in all, the global workforce will be reduced by up to 1,000 positions by 2022. In the first half of 2020, staff numbers were already scaled back by around 380 through natural attrition and a reduction in the number of temporary workers.

Against the backdrop of the planned measures, the Company is going to set aside provisions for restructuring costs - predominantly in connection with personnel measures - of €35-40 million in the current quarter.

By implementing this global efficiency program, DEUTZ aims to realize annual cost savings of around €100 million from 2022 onward.

 

Contact:
Leslie Isabelle Iltgen
Communications & Investor Relations
Senior Vice President
Tel. +49 (0) 221 822-36 00
Fax: +49 (0) 221 822-15 36 00
E-Mail: [email protected]

18-Aug-2020 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de


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: 1120267

 
End of Announcement DGAP News Service

1120267  18-Aug-2020 CET/CEST

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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 4,248 Halten 513,42
KGV 2023e KGV 10Y-Ø BGFL-Ratio Shiller-KGV
8,33 17,89 0,47 17,52
KBV KCV KUV EV/EBITDA
0,90 5,50 0,32 5,85
Dividende '20 in € Dividende '21e in € Div.-Rendite '21e
in %
Hauptversammlung
0,00 0,15 3,53 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
3,81% -19,29% -35,34% -41,65%
    
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Maschinen-/Anlagenbau , 630500 , DEZ , XETR:DEZ