Earnings Release • Jul 17, 2012
Earnings Release
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Ad-hoc | 17 July 2012 08:21
DEUTZ AG: Financial outlook 2012 not achievable due to downturn in demand despite
DEUTZ AG / Key word(s): Change in Forecast
17.07.2012 08:21
Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
Cologne, 17 July 2012
Financial outlook 2012 not achievable due to downturn in demand despite
increase in operating profit in the second quarter
Demand decreased in the second quarter of 2012 and new orders received so
far in July have also been lower than expected. This is attributable to the
uncertainty of various customer segments in light of the European debt
crisis and the ongoing weakness in the Chinese market.
Preliminary results for the second quarter of 2012 indicate that the volume
of new orders came to around EUR310 million, while revenue amounted to
approximately EUR340 million. The operating profit for the second quarter
of 2012 is expected to improve slightly on the first quarter (Q1 2012: EBIT
of EUR10.3 million). From today's perspective, the financial outlook cannot
be achieved because of the downturn of demand.
The full set of results for the first half of 2012 and an updated financial
outlook will be published on 9 August 2012.
For further information on this ad-hoc release by DEUTZ AG please contact
Public Relations Investor Relations
Janina Decker Jörg Pütz
Tel.: +49 (0)221 822 2493 Tel.: +49 (0)221 822 2492
Fax: +49 (0)221 82215 2493 Fax: +49 (0)221 82215 2492
Email: [email protected] Email: [email protected]
17.07.2012 DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and 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: MDAX
Listed: Regulierter Markt in Düsseldorf, Frankfurt (Prime Standard);
Freiverkehr in Berlin, Hamburg, Hannover, München, Stuttgart
End of Announcement DGAP News-Service
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