DEUTZ, the German off-highway diesel engine manufacturer, is forecasting a rise in its revenue in 2018.
The company’s board of management said that based on a successful H1 2018 and the continuing strength of market demand, it expects revenue during the current financial year to reach €1.6 billion – up from €1.479 billion in 2017.
The new revenue forecast comes in the wake of an announcement of arbitration leading to the suspension of the six-week strike at the company’s important supplier, Neue Halbe