Deutz Jumps First Nine Months Revenue 14.9 Percent with Help from Acquisitions

Deutz Group posted €493.3 million in third quarter 2025 revenue compared to €430.4 million in the third quarter of 2024, a 14.6 percent increase. For the first nine months of 2025, the company reported €1,500.4 million compared to €1,305.9 million in the first nine months of 2024, a 14.9 percent hike.

New orders increased to €1,504.5 million for the first nine months of 2025, an 11.8-percent jump. The adjusted EBIT margin rose to 5 percent compared to 4.4 percent in the first nine months of 2024. The adjusted EBIT margin has increased each quarter in the year to date. In the past, the adjusted EBIT margin has typically been weak in the third quarter because of seasonal factors, but in the third quarter of 2025, in reached 5.8 percent, around 4 percentage points higher than in the prior-year period.

“Deutz is evolving from a manufacturer of conventional drive systems into a system provider for innovative and sustainable mobility and energy solutions,” said Dr. Sebastian Schulte, CEO, Deutz AG. “This transition is bearing fruit. We are becoming increasingly resilient and seeing significant momentum despite difficult market conditions. This is thanks to the expansion of our service business and, in particular, the integration of new lines of business and a clear focus on cost-cutting. We will continue to pursue our chosen path.” 

Expansion in manufacturing, service, defense
Following the acquisition of U.S. generator manufacturer Blue Star Power Systems and the integration of selected Daimler Truck engines from Rolls-Royce Power Systems in the third quarter of 2024, Deutz has continued to grow its portfolio in 2025. At the start of January, Deutz acquired a 50-percent stake in HJS Emission Technology, an exhaust aftertreatment specialist. In April, Deutz acquired UMS, a Dutch technology leader in the electrification of off-highway and defense vehicles, which has given Deutz a technological advantage in its NewTech and Defense business units.

Deutz is also expanding in the service business. It acquired its former Istanbul-based service partner Catalkaya Makina in order to strengthen its service and sales network in Turkey. In the U.S., Deutz has acquired two companies specializing in maintenance and repair services for heavy machinery, such as mining equipment, trucks, and rail vehicles: its former service partner OnSite Diesel and this week it acquired Nevada-based Double Down Heavy Repair, which will expand the scope of Deutz’s service business to include the machinery in which engines are installed. Deutz’d growing service business increased its revenue by 9.6 percent to €415.8 million in the first nine months of 2025. 

Deutz has also expanded its Defense business with the acquisition of the SOBEK Group in September, the leading manufacturer of powerful electric drives for high-tech applications such as military drones. In mid-October, Deutz announced a strategic partnership with ARX Robotics, strengthening its position in the ecosystem of unmanned defense systems.

The company’s Future Fit cost-cutting program, aimed at permanently lowering costs by €50 million per year by the end of 2026 through initiatives such as a reduction in excess staff capacity, particularly in the engine business. Almost 180 employees have left the company through the “voluntary redundancy program by the end of September 2025.

“We want to keep growing while also increasing our profitability, and we are making good progress in this regard,” said Deutz chief financial officer Oliver Neu. “We still expect our Future Fit program to achieve a reduction in costs of more than €25 million in the current financial year. This will ensure that we can continue to forge ahead with our Dual+ strategy and enhance our long-term competitiveness.”