DEUTZ SHARES MAKE SUBSTANTIAL GAINS

The SDAX, in which DEUTZ shares are listed, rose in value by 4.6 per cent in 2016 and closed at 9,519.43 points (end of 2015: 9,098.57 points). The DAXsector Industrial, the index for German industrial companies, gained 19.3 per cent in the reporting year to close at 5,788.57 points (end of 2015: 4,853.88 points).

DEUTZ shares made significant gains in 2016. Having made a weak start to the year, the share price fell to its lowest point for the year of €2.65 on 11 February 2016. However, the shares then rebounded strongly, particularly at the end of the year. Shares in machinery manufacturers benefited from speculation about additional investment in government infrastructure projects following the presidential election in the United States. DEUTZ shares reached their high for the year of €5.58 on 12 December 2016. Their year-end closing price of €5.35 was 45.0 per cent higher than their price twelve months earlier of €3.69.

Market capitalisation stood at €646.6 million as at 30 December 2016, compared with €446.0 million at the end of 2015.

Key figures for DEUTZ shares    
  2016 2015
     
Number of shares (31 Dec) 120,861,783 120,861,783
Average number of shares 120,861,783 120,861,783
Share price as at 31 Dec (€) 5.35 3.69
Share price high (€) 5.58 5.59
Share price low (€) 2.65 2.86
Market capitalisation as at 31 Dec (€ million) 646.6 446.0
Earnings per share (€) 0.14 0.04