DEUTZ AG Annual Report 2023

We keep the world moving

CLASSIC
takes a big
step forward.

GREEN
on the path
to success.

SERVICE
close to
our customers.

TRANS-
FORMATION
for a better
future.

We keep the world moving

CLASSIC
takes a big
step forward.

GREEN
on the path
to success.

SERVICE
close to
our customers.

TRANS-
FORMATION
for a better
future.

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.

CEO interview
Operating Numbers 2023

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

Operating Numbers
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.

Board of Management

**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