Significant new order growth; orders on hand up by around 48 percent year on year Strong improvement in profitability and free cash flow Further progress with implementing Transform for Growth; voluntary redundancy program taken up in full Rigorous implementation of strategic growth initiatives Full-year guidance for 2021 raised despite difficult supply situation Cologne, May 6, 2021 - Having finished a year dominated by coronavirus with a much improved fourth quarter in 2020, the uptrend for DEUTZ continued into the first quarter of 2021. This could be seen from the recently published preliminary results, which the Company has confirmed today. 'The successful start to the year shows that DEUTZ is back on course for growth. Our new orders were up by around a third year on year in the first quarter of 2021, while orders on hand rose by almost a half. And although we will be dealing with the coronavirus pandemic for quite some time to come, we anticipate a sustained increase in customers' propensity to proceed with capital expenditure in all of the main application segments,' said DEUTZ CEO Dr. Frank Hiller.