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DEUTZ AG Annual Report 2023

We keep the world moving

We keep
the world
moving

DEUTZ supplies drives that power vehicles and machinery on construction sites, on highways, and in agriculture around the world. That is our core business and our passion.

We are working with our customers to make our product ecosystem climate-neutral by supplying sustainable drive systems, providing intelligent maintenance, and developing innovative solutions.

Our technology-neutral approach ensures the world keeps moving.

  • The CEO interview

    DEUTZ’s engines and drive systems help keep the world moving. And the Company itself is moving forward to ensure that this remains the case. CEO Dr. Sebastian C. Schulte reflects on a successful year and looks ahead to a promising future.

  • Operating Numbers 2023

    All relevant key figures for the DEUTZ Group and for DEUTZ shares can be found here.

  • Board of Management

    A message from the Chairman of the Board of Management and information about the members of our Board of Management can be found here.

DEUTZ is synonymous with passion, pioneering spirit, and a culture of innovation.

As an independent supplier of diesel, gas, and electric drives, we are developing the technologies today that will meet the challenges of tomorrow. We are a pioneer in high-quality, environ­mentally friendly, and efficient drive systems for off-highway applications, for example in agriculture.This Fendt Vario 500 is powered by a DEUTZ TCD 4.1 engine.

You can always rely on a DEUTZ engine.

We want to supply the best and cleanest engines, of course, but we also want to keep them up and running. That is why we are developing new digital services and expanding our global network of highly qualified service technicians. This Wacker Neuson dumper is powered by a DEUTZ TCD 2.9L engine.

For 160 years, DEUTZ has been manufacturing drives that power vehicles and machinery around the world,

and we aim to do so in the future too. To achieve this, we and our customers must embrace change and evolve. Transforming how vehicles are powered is a huge task, but also a business opportunity for us. A Genie S-60X telescopic boom fitted with a DEUTZ 2.9 liter engine.

Highlights of 2023

  • €2,063.2 M

    IN REVENUE

  • 7%  

    ADJUSTED EBIT MARGIN

  • 79%  

    OF THE PARTICIPATING DEUTZ EMPLOYEES WOULD RECOMMEND DEUTZ TO OTHERS AS A GOOD EMPLOYER

  • € 483.8 M

    REVENUE IN THE SERVICE BUSINESS

  • OVER 5,000  

    PEOPLE CELEBRATED DEUTZ FAMILY DAY

  • 15  

    TANDEMS STARTED IN OUR NEW MENTORING SCHEME

  • 186,718  

    DEUTZ ENGINES SOLD

  • 5,084  

    EMPLOYEES

  • BY 2030  

    DEUTZ AIMS TO BE AMONG THE TOP THREE INDEPENDENT DRIVE MANUFACTURERS

  • € 300 M

    ADDITIONAL ANNUAL REVENUE EXPECTED FROM THE TAKEOVER OF THE SALES AND SERVICE ACTIVITIES OF ROLLS-ROYCE POWER SYSTEMS (RRPS)

  • BY 2050  

    DEUTZ AIMS TO OFFER A CLIMATE-NEUTRAL PRODUCT AND TECHNOLOGY PORTFOLIO

  • 1st  

    TO GO INTO VOLUME PRODUCTION OF HYDROGEN ENGINES (PRODUCTION RUN OF 100)

  • 26.2%  

    REDUCTION IN CO2 EMISSIONS (SCOPES 1 & 2) PER MANUFACTURED ENGINE COMPARED WITH 2022

  • OVER 2,000  

    EMPLOYEES GOT TO GRIPS WITH THE NEW DUAL+ STRATEGY AT MORE THAN 55 WORKSHOPS

Deutz worldwide

Ulm, Germany

Production DEUTZ-PowerTree, small production runs of engines, Xchange, small production runs of crankcases, crankshafts, and gearwheels

Köln, Deutschland

(HEADQUARTERS OF DEUTZ AG)

Volume production engines with capacities of less than 4 liters and between 4 and 8 liters, centers of excellence for crankcases and for camshafts and crankshafts

Herschbach, Germany

Manufacture and pre-assembly of complex add-on components

Tianjin, China

(PARTNERSHIP WITH BEINEI)

Assembly of sub-4 liter and 6 liter engines for lifting platforms, forklift trucks, smaller construction equipment

Pendergrass/Atlanta

(DEUTZ CORPORATION)

Value-Add production, Xchange

Sapino, Morocco

(MAGIDEUTZ)

Genset production

Zafra, Spain

(DEUTZ SPAIN)

Center of excellence for the processing and pre-assembly of cylinder heads, crankcases for sub-4 liter engines, conrods, gearwheels

Shanghai, China

(HEADQUARTERS OF DEUTZ CHINA)

.

Changsha, China

(JOINT VENTURE WITH SANY)

Engine production for SANY trucks and construction equipment, concrete pumps
  • Ulm, Germany

  • Köln, Deutschland

    (HEADQUARTERS OF DEUTZ AG)

  • Herschbach, Germany

  • Tianjin, China

    (PARTNERSHIP WITH BEINEI)

  • Pendergrass/Atlanta

    (DEUTZ CORPORATION)

  • Sapino, Morocco

    (MAGIDEUTZ)

  • Zafra, Spain

    (DEUTZ SPAIN)

  • Shanghai, China

    (HEADQUARTERS OF DEUTZ CHINA)

  • Changsha, China

    (JOINT VENTURE WITH SANY)

  • West Palm Beach, USA

  • Wien, Austria

  • St. Louis, USA

  • Norcross, USA

  • Elgin, USA

  • Newark, USA

  • Jacksonville, USA

  • São Bernardo do Campo, Brasil

  • Cannock, United Kingdom

  • Dordrecht, Netherlands

  • Antwerp, Belgium

  • Boulogne-sur-Mer, France

  • Gennevilliers, France

  • Lyon, France

  • Barcelona, Spain

  • Madrid, Spain

  • Lomagna, Italy

  • Wels, Austria

  • Modřice, Czech Republic

  • Galați, Romania

  • Casablanca, Morocco

  • Algier, Algeria

  • Kitwe, Zambia

  • Elandsfontein, South Africa

  • Pune, India

  • Singapore

    (HEADQUARTERS ASIA-PACIFIC)

  • Seoul, South Korea

  • Tokyo, Japan

  • Melbourne, Australia

  • Las Vegas, Nevada

  • Mansfield, Texas

  • Aachen/Alsdorf, Germany

  • Stockstadt am Rhein, Germany

  • Maxéville, France

  • Limoges, France

  • Rock Hill, South Carolina

  • North Kansas City, Missouri

  • Santiago, Chile

  • Lima, Peru

  • Risskov, Denmark

    (DEUTZ Nordic Aps)

  • Helsinki, Finland

    (DEUTZ Nordic Oy)

  • Järfälla, Sweden

    (DEUTZ Nordic AB)

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