New orders up 25% for Deutz

speedboat Deutz stated its e-Deutz strategy has been accelerated by the acquisition of Torqeedo

Deutz has reported a 25.5% increase in new orders in the first three quarters of 2017.

The German engine company confirmed that new orders totalled €1.173.8m for this period, compared to €935.3m in Q1-Q3 2016.

In Q3 2017, new orders came to €370.8m, an increase of 43.7% compared with EUR258.1m in Q3 2016.

Engine sales up

The number of engines sold went up by 17.8% to 118,279 in the first three quarters of 2017 (Q1–Q3 2016: 100,439 engines).

Unit sales in Q3 2017 totalled 38,680 engines, which was 25.9% more than in the prior-year period (Q3 2016: 30,733 engines).

Revenue rose by 15.6% to €1,093.2m in the nine-month period (Q1–Q3 2016: €945.5 million).

EMEA growth

The largest region, EMEA (Europe, Middle East, Africa), saw revenue grow by 18.7%, while revenue in the Americas region was up by 13.9%.

Revenue in the Asia-Pacific region was on a par with the corresponding period of 2016, in which Q1 had been boosted by licensing income. Revenue for Q3 2017 amounted to €358.7m, a year-on-year increase of 19.1% (Q3 2016: €301.1m).

Operating profit (EBIT before exceptional items) improved by €8.1m compared with the first nine months of 2016, reaching €27.8m.

Deutz states its e-Deutz strategy has been accelerated by the acquisition of electric engine manufacturer Torqeedo.

Latest Press Releases

WesCom Signal and Rescue shortlisted for the 2018 Safety at Sea Awards

The world’s leading supplier of marine distress signals, WesCom Signal and Rescue announces it has b... Read more

Torqeedo appoints Engines Plus Ltd as new UK canal boat sector dealer ahead of inland waterways festival, Crick Boat Show

Torqeedo has appointed Engines Plus Ltd, a leading engine dealer, to be the UK dealer for the canal ... Read more

Torqeedo Showcases Latest Innovations in Sustainable Marine Propulsion Technology at Seawork International

Crystal Lake, Ill. – May 23, 2018 – Torqeedo will demonstrate the latest developments in electric ma... Read more


Leading Audio Manufacturer Unveils Groundbreaking RA770 and SRX400 Audio Entertainment Systems Read more


Leading Audio Manufacturer Announces Powerful Plug and Play Solution with Bluetooth Streaming Read more

Experts Highlight Viable Power and Propulsion Solutions for Next Generation Vessels

Lithium-ion battery expert Dr John Warner is presenting at the NEXT GENERATION Marine Power & Propul... Read more

View all