Interview: Deutz-Chef Schulte: „Wir werden unser Vier-Milliarden-Ziel früher erreichen“
Der Motorenbauer wächst durch Zukäufe in Energieversorgung und Rüstung zu einem breit aufgestellten Konzern. Dem Handelsblatt erläuterte CEO Sebastian Schulte den Strategiewechsel.
Deutz-Chef Sebastian Schulte expressed ambitious goals in an interview with the Handelsblatt newspaper. Rather than targeting the year 2030, Schulte anticipates that the Cologne-based industrial conglomerate will achieve four billion euros in revenue and a ten percent operating margin in the next one to two years. The company has recently heavily invested in the defense industry, particularly through the acquisition of the military vehicle manufacturer Flensburger Fahrzeugbau Gesellschaft (FFG), Deutz's largest acquisition to date.
Additionally, Deutz has made strategic partnerships in drone engines and unmanned ground systems. According to Schulte, the company's strategy has already begun to pay off. First-half revenue grew by eleven percent to 1.12 billion euros, with order intake increasing by nearly thirty percent to over 1.3 billion euros over two consecutive quarters.
Despite weak demand in the classical engine business, Deutz reached a margin of more than seven percent in two successive quarters.
Written by urgent.news from Handelsblatt's reporting — not their text. Machine-written — it may contain errors, so check the original before relying on it.
