This document provides a summary of Dürr Aktiengesellschaft's conference call results for the first half of 2013. It discusses incoming orders, sales revenues, order backlog, earnings, cash flow, and outlook. Key points include orders being down 7.9% year-over-year for the first half but the order backlog remaining strong. Gross margins and earnings increased in the first half compared to the previous year. Cash flow improved significantly in the second quarter. The project pipeline and order intake are expected to remain solid for the rest of 2013 and into 2014.
The document summarizes the financial results of Dürr Group for the first half of 2012. Key points include:
- Incoming orders increased 17% to €1.4 billion in H1 2012 compared to H1 2011, with a book-to-bill ratio of 1.2. The order backlog reached a record level.
- Sales revenues increased sharply by 48.5% to €1.16 billion in H1 2012.
- Earnings before interest and taxes (EBIT) doubled in H1 2012 compared to H1 2011, driven by strong sales growth and a moderate increase in selling, general and administrative expenses.
- Emerging markets accounted for around 60%
Dürr Aktiengesellschaft held a conference call to discuss its financial results for January to September 2013. Orders were down 8% year-over-year due to weakness in Germany and Europe, though emerging markets like China and Brazil saw strong business. Sales revenues declined slightly by 0.6%. Earnings grew with EBIT up 12.8% and net income increasing 22.9% due to improved margins and a stronger financial result. The company expects further margin expansion and for its EBIT margin to reach the guided range of 7.5-8% in 2013. Service revenues rose 5.6% and represented 21.9% of total sales for the first nine months. Dürr reiterated its sales and
Dürr reported financial results for the first nine months of 2015. Sales revenues increased 68% year-over-year to €2.76 billion due to strong growth across all regions. Operating profit rose 27% to €189.8 million. Cash flow from operating activities declined due to the expected normalization of net working capital. Dürr increased its sales outlook for 2015 and expects an EBIT margin in the range of 7.0-7.5%.
This document provides a summary of Dürr Aktiengesellschaft's conference call results for the first half of 2013. It discusses incoming orders, sales revenues, order backlog, earnings, cash flow, and outlook. Key points include orders being down 7.9% year-over-year for the first half but the order backlog remaining strong. Gross margins and earnings increased in the first half compared to the previous year. Cash flow improved significantly in the second quarter. The project pipeline and order intake are expected to remain solid for the rest of 2013 and into 2014.
The document summarizes the financial results of Dürr Group for the first half of 2012. Key points include:
- Incoming orders increased 17% to €1.4 billion in H1 2012 compared to H1 2011, with a book-to-bill ratio of 1.2. The order backlog reached a record level.
- Sales revenues increased sharply by 48.5% to €1.16 billion in H1 2012.
- Earnings before interest and taxes (EBIT) doubled in H1 2012 compared to H1 2011, driven by strong sales growth and a moderate increase in selling, general and administrative expenses.
- Emerging markets accounted for around 60%
Dürr Aktiengesellschaft held a conference call to discuss its financial results for January to September 2013. Orders were down 8% year-over-year due to weakness in Germany and Europe, though emerging markets like China and Brazil saw strong business. Sales revenues declined slightly by 0.6%. Earnings grew with EBIT up 12.8% and net income increasing 22.9% due to improved margins and a stronger financial result. The company expects further margin expansion and for its EBIT margin to reach the guided range of 7.5-8% in 2013. Service revenues rose 5.6% and represented 21.9% of total sales for the first nine months. Dürr reiterated its sales and
Dürr reported financial results for the first nine months of 2015. Sales revenues increased 68% year-over-year to €2.76 billion due to strong growth across all regions. Operating profit rose 27% to €189.8 million. Cash flow from operating activities declined due to the expected normalization of net working capital. Dürr increased its sales outlook for 2015 and expects an EBIT margin in the range of 7.0-7.5%.
Dürr Aktiengesellschaft reported preliminary figures for fiscal year 2013 with incoming orders 8.1% lower than 2012 but earnings above consensus. EBIT increased 14.8% to €203 million and net income rose 26.5% to €140.9 million. Cash flow from operating activities was €329.1 million, significantly higher than the previous year. For 2014, the company expects continued growth in light vehicle production and sees opportunities in brownfield projects, new technologies, and its increasing service business.
Dürr AG Preliminary Figures 2012 (Conference Call)Dürr
This document provides an overview, financial results, and outlook from a conference call by Dürr Aktiengesellschaft. Key highlights include:
- 2012 financial results exceeded both budget and consensus across all major metrics like orders, sales, EBIT, net income, and earnings per share.
- Fourth quarter saw strong cash generation with increases in incoming orders, sales revenues, EBIT, net income, and free cash flow compared to the same quarter in 2011.
- Full year 2012 orders were down 3% due to declines in China and the Americas but increased in Europe, Germany, and Asia excluding China. Regional order intake was healthy split across markets.
Conference Call: Interim Report January 1 to September 30, 2012Dürr
Dürr Aktiengesellschaft hosted a conference call to discuss financial results for the first nine months and third quarter of 2012. Key highlights included an order backlog that secures utilization through mid-2014, a book-to-bill ratio of 1.1, and net income that doubled compared to the same period last year due to strong sales and moderate SG&A increase. Temporary increases in net working capital negatively impacted cash flow but are expected to reduce in the fourth quarter.
Dürr Aktiengesellschaft held a conference call to discuss its financial results for January to September 2014. The company reported a book-to-bill ratio of 1.2, record high order backlog, and strong cash generation in Q3. While sales declined 6% year-over-year, earnings before interest and taxes increased 12% due to improved margins. Looking forward, Dürr expects full-year results to meet targets and anticipates positive effects from the recent acquisition of HOMAG, which closed in mid-October.
- Dürr reported strong order intake of €1.989 billion in the first half of 2016, up 10.8% compared to the first half of 2015, with a book-to-bill ratio of 1.2.
- Net profit increased 45.4% to €77.8 million in the first half due to higher gross margins and an improved financial result.
- Cash flow from operating activities was negative €84.6 million in the first half due to an increase in net working capital, particularly work in process balances.
- Dürr Aktiengesellschaft is a global engineering group that provides machinery, plants, and services to the automotive and other manufacturing industries.
- It has five divisions focused on paint and final assembly systems, application technology, measuring and process systems, clean technology systems, and woodworking machinery and systems.
- Dürr has over 16,000 employees globally located across 86 sites in 28 countries, with a focus on innovation to help customers increase production efficiency and reduce costs.
This document provides an overview of Schenck Shanghai Machinery Co., Ltd's Measuring and Process Systems (MPS) activities in China. It summarizes MPS's business growth in China from 2005 to 2012, including a 27% CAGR in incoming orders and a 35% CAGR in sales revenues. It also outlines MPS's locations and manufacturing facilities in Shanghai, and provides information on Schenck RoTec and Dürr Assembly Products activities and operations in China.
Dürr Aktiengesellschaft began in 1895 as a craftsman's metal shop in Germany. It has since evolved into an international technology group with over 7,000 employees across 23 countries. Key events in Dürr's history include establishing overseas subsidiaries in the 1960s, expanding into plant engineering in the 1950s, acquiring other companies to diversify its offerings, and relocating to a new campus in 2009 to concentrate its operations. Today, Dürr focuses on product innovations and expanding into new markets like e-mobility and energy efficiency.
The document summarizes Dürr AG's strategy in China. It discusses how Dürr has established a strong local presence in China over 25 years, with wholly owned subsidiaries and over 1,250 employees. Dürr's business in China has grown significantly, and China is now Dürr's largest market. The strategy involves extensive localization through local R&D, production, purchasing, and management. This allows Dürr to offer competitive solutions tailored to China while expanding exports to other markets. Further localization and integration into global operations will strengthen Dürr's position in China and Asia-Pacific.
Dürr presented an investor relations presentation covering their five divisions and group strategy. The five divisions are Paint and Final Assembly Systems, Application Technology, Clean Technology Systems, Measuring and Process Systems, and Woodworking Machinery and Systems. Dürr has leading market positions across its divisions with shares between 30-60% and is focused on growth through automation, digitization and acquisitions like HOMAG to capture trends in industries.
ANALYSTS‘ TRIP: Paint and Final Assembly Systems, Application Technology, Cle...Dürr
This document provides information about Dürr Paintshop Systems Engineering Co.'s operations in China. It summarizes their strong growth in business volume and local production. Key points include:
- Their business in China has grown substantially, with orders, backlog, sales, and employees increasing at annual growth rates of 30% or more between 2005 and 2012.
- They have significantly ramped up local production and manufacturing over 2005-2012, with over 15,000 metric tons of core products expected to be manufactured in China in 2012.
- Their success in China is attributed to their long-term presence since 1985, large local capacities and content, and close cooperation between Germany and China teams.
Dürr offers all components from a single source. Our products and our complete plants are manufactured in-house. Thanks to our worldwide deployment and high technical expertise, we can act quickly and oriented towards the customer.
Catalog sales of standardized products and systems for painting, surface treatment, gluing and sealing. Innovative premium painting technology for all industrial applications requiring corrosion prevention or involving gluing or wet paint application.
Dürr reported strong growth in orders and sales in Q1 2015 compared to the previous year. Earnings were in line with expectations, though margins declined slightly due to purchase price allocation effects from the HOMAG acquisition and a changed sales mix. The cash flow situation remained solid despite an increase in net working capital. While Q1 was impacted by special factors, normalization is expected in the coming quarters. Dürr confirmed its full year outlook with an EBIT margin target of 7.0-7.5%.
Dürr Aktiengesellschaft reported financial results for the first half and second quarter of 2015. Sales revenues increased 67.2% in the first half compared to the previous year due to strong growth. Operating profit rose 41.4% in the first half and 49.3% in the second quarter. The integration of HOMAG Group is proceeding as planned, though it negatively impacted financial results. The outlook for 2015 remains unchanged with an expected EBIT margin between 7.0-7.5% despite extraordinary effects from HOMAG.
Corporate Bonds mittelständischer Unternehmen reizen Anleger weiterhin mit hohen Kupons. Allerdings gehen mit den möglichen Renditen entsprechende Risiken einher. Eine sorgfältige Anleiheauswahl ist entscheidend für den Anlageerfolg. In dem Vortrag wird nicht erläutert, was Anleihen in Zeichnung und Handel von Aktien unterscheidet, sondern auch worauf Anleger bei ihrer Investitionsentscheidung grundsätzlich achten sollten.
Präsentation zu den Hauptversammlungsreden von Claus-Matthias Böge (CEO) und Wilhelm Wellner (COO)
Die ordentliche Hauptversammlung der Deutsche EuroShop AG fand am 18. Juni 2015 um 10.00 Uhr in der Handwerkskammer Hamburg, Holstenwall 12, 20355 Hamburg statt.
Weitere Informationen unter: http://www.deutsche-euroshop.de/HV
Dürr Aktiengesellschaft reported preliminary figures for fiscal year 2013 with incoming orders 8.1% lower than 2012 but earnings above consensus. EBIT increased 14.8% to €203 million and net income rose 26.5% to €140.9 million. Cash flow from operating activities was €329.1 million, significantly higher than the previous year. For 2014, the company expects continued growth in light vehicle production and sees opportunities in brownfield projects, new technologies, and its increasing service business.
Dürr AG Preliminary Figures 2012 (Conference Call)Dürr
This document provides an overview, financial results, and outlook from a conference call by Dürr Aktiengesellschaft. Key highlights include:
- 2012 financial results exceeded both budget and consensus across all major metrics like orders, sales, EBIT, net income, and earnings per share.
- Fourth quarter saw strong cash generation with increases in incoming orders, sales revenues, EBIT, net income, and free cash flow compared to the same quarter in 2011.
- Full year 2012 orders were down 3% due to declines in China and the Americas but increased in Europe, Germany, and Asia excluding China. Regional order intake was healthy split across markets.
Conference Call: Interim Report January 1 to September 30, 2012Dürr
Dürr Aktiengesellschaft hosted a conference call to discuss financial results for the first nine months and third quarter of 2012. Key highlights included an order backlog that secures utilization through mid-2014, a book-to-bill ratio of 1.1, and net income that doubled compared to the same period last year due to strong sales and moderate SG&A increase. Temporary increases in net working capital negatively impacted cash flow but are expected to reduce in the fourth quarter.
Dürr Aktiengesellschaft held a conference call to discuss its financial results for January to September 2014. The company reported a book-to-bill ratio of 1.2, record high order backlog, and strong cash generation in Q3. While sales declined 6% year-over-year, earnings before interest and taxes increased 12% due to improved margins. Looking forward, Dürr expects full-year results to meet targets and anticipates positive effects from the recent acquisition of HOMAG, which closed in mid-October.
- Dürr reported strong order intake of €1.989 billion in the first half of 2016, up 10.8% compared to the first half of 2015, with a book-to-bill ratio of 1.2.
- Net profit increased 45.4% to €77.8 million in the first half due to higher gross margins and an improved financial result.
- Cash flow from operating activities was negative €84.6 million in the first half due to an increase in net working capital, particularly work in process balances.
- Dürr Aktiengesellschaft is a global engineering group that provides machinery, plants, and services to the automotive and other manufacturing industries.
- It has five divisions focused on paint and final assembly systems, application technology, measuring and process systems, clean technology systems, and woodworking machinery and systems.
- Dürr has over 16,000 employees globally located across 86 sites in 28 countries, with a focus on innovation to help customers increase production efficiency and reduce costs.
This document provides an overview of Schenck Shanghai Machinery Co., Ltd's Measuring and Process Systems (MPS) activities in China. It summarizes MPS's business growth in China from 2005 to 2012, including a 27% CAGR in incoming orders and a 35% CAGR in sales revenues. It also outlines MPS's locations and manufacturing facilities in Shanghai, and provides information on Schenck RoTec and Dürr Assembly Products activities and operations in China.
Dürr Aktiengesellschaft began in 1895 as a craftsman's metal shop in Germany. It has since evolved into an international technology group with over 7,000 employees across 23 countries. Key events in Dürr's history include establishing overseas subsidiaries in the 1960s, expanding into plant engineering in the 1950s, acquiring other companies to diversify its offerings, and relocating to a new campus in 2009 to concentrate its operations. Today, Dürr focuses on product innovations and expanding into new markets like e-mobility and energy efficiency.
The document summarizes Dürr AG's strategy in China. It discusses how Dürr has established a strong local presence in China over 25 years, with wholly owned subsidiaries and over 1,250 employees. Dürr's business in China has grown significantly, and China is now Dürr's largest market. The strategy involves extensive localization through local R&D, production, purchasing, and management. This allows Dürr to offer competitive solutions tailored to China while expanding exports to other markets. Further localization and integration into global operations will strengthen Dürr's position in China and Asia-Pacific.
Dürr presented an investor relations presentation covering their five divisions and group strategy. The five divisions are Paint and Final Assembly Systems, Application Technology, Clean Technology Systems, Measuring and Process Systems, and Woodworking Machinery and Systems. Dürr has leading market positions across its divisions with shares between 30-60% and is focused on growth through automation, digitization and acquisitions like HOMAG to capture trends in industries.
ANALYSTS‘ TRIP: Paint and Final Assembly Systems, Application Technology, Cle...Dürr
This document provides information about Dürr Paintshop Systems Engineering Co.'s operations in China. It summarizes their strong growth in business volume and local production. Key points include:
- Their business in China has grown substantially, with orders, backlog, sales, and employees increasing at annual growth rates of 30% or more between 2005 and 2012.
- They have significantly ramped up local production and manufacturing over 2005-2012, with over 15,000 metric tons of core products expected to be manufactured in China in 2012.
- Their success in China is attributed to their long-term presence since 1985, large local capacities and content, and close cooperation between Germany and China teams.
Dürr offers all components from a single source. Our products and our complete plants are manufactured in-house. Thanks to our worldwide deployment and high technical expertise, we can act quickly and oriented towards the customer.
Catalog sales of standardized products and systems for painting, surface treatment, gluing and sealing. Innovative premium painting technology for all industrial applications requiring corrosion prevention or involving gluing or wet paint application.
Dürr reported strong growth in orders and sales in Q1 2015 compared to the previous year. Earnings were in line with expectations, though margins declined slightly due to purchase price allocation effects from the HOMAG acquisition and a changed sales mix. The cash flow situation remained solid despite an increase in net working capital. While Q1 was impacted by special factors, normalization is expected in the coming quarters. Dürr confirmed its full year outlook with an EBIT margin target of 7.0-7.5%.
Dürr Aktiengesellschaft reported financial results for the first half and second quarter of 2015. Sales revenues increased 67.2% in the first half compared to the previous year due to strong growth. Operating profit rose 41.4% in the first half and 49.3% in the second quarter. The integration of HOMAG Group is proceeding as planned, though it negatively impacted financial results. The outlook for 2015 remains unchanged with an expected EBIT margin between 7.0-7.5% despite extraordinary effects from HOMAG.
Corporate Bonds mittelständischer Unternehmen reizen Anleger weiterhin mit hohen Kupons. Allerdings gehen mit den möglichen Renditen entsprechende Risiken einher. Eine sorgfältige Anleiheauswahl ist entscheidend für den Anlageerfolg. In dem Vortrag wird nicht erläutert, was Anleihen in Zeichnung und Handel von Aktien unterscheidet, sondern auch worauf Anleger bei ihrer Investitionsentscheidung grundsätzlich achten sollten.
Präsentation zu den Hauptversammlungsreden von Claus-Matthias Böge (CEO) und Wilhelm Wellner (COO)
Die ordentliche Hauptversammlung der Deutsche EuroShop AG fand am 18. Juni 2015 um 10.00 Uhr in der Handwerkskammer Hamburg, Holstenwall 12, 20355 Hamburg statt.
Weitere Informationen unter: http://www.deutsche-euroshop.de/HV
Hier finden Sie den Geschäftsbericht der Volkswagen Financial Services AG für das Jahr 2010. Weitere Informationen erhalten Sie unter http://www.vwfsag.de/geschaeftsbericht
Duerr Investor Relations presentation November 2019Dürr
The document is an investor relations presentation from Dürr AG, a German engineering company. It provides an overview of Dürr's business divisions, strategy, and financials. The five divisions are Paint and Final Assembly Systems, Application Technology, Clean Technology Systems, Measuring and Process Systems, and Woodworking Machinery and Systems. Dürr has leading market positions across its divisions and an asset-light business model. The presentation highlights growth opportunities in areas like automation, digitization, and emerging markets.
Business figures for the first nine months of 2019
- Substantially positive cash flow in the third quarter
- Growth with environmental technology for sustainable production processes
- HOMAG adjusting structures and production capacities
Despite more challenging market conditions, the Dürr Group is confirming its full-year targets for order intake, sales and operating EBIT after the first nine months of 2019. Order intake rose by 3.9% to € 2,859.5 million and sales by 5.1% to € 2,874.1 million in the first nine months of 2019. At € 154.1 million, EBIT was also slightly up on the previous year (€ 153.3 million, up 0.5%), reaching the highest figure for the year in the third quarter (€ 58.9 million, up 13.6% over the previous year). Business performance in the first nine months of the year was characterized by growth in environmental technology and stable business with the automotive industry. At HOMAG, order intake from the furniture industry dropped by 12.8% due to weaker demand. In response to the structural surplus capacities in Germany, the world market leader for woodworking machinery is implementing a package of measures aimed at enhancing its efficiency. Set to generate annual savings of € 15 million by 2021 at the latest, these measures include adjustments to production capacities in Germany among other things.
Read more: http://bit.ly/2WQ5LUb
The document summarizes Dürr AG's financial results for the first quarter of 2019. Order intake and sales revenues increased year-over-year by 8.5% and 13.1% respectively. Earnings declined slightly, with operating EBIT down 3.9% and net profit down 4.4%. The outlook for 2019 remains unchanged with expected sales growth and improved earnings before extraordinary effects in a range of 7.0-7.5% margin.
Duerr Investor Relations presentation May 2019Dürr
The document is an investor relations presentation from Dürr AG providing an overview of the company and its divisions. It discusses Dürr's strategy to achieve up to €4.2 billion in sales and 7-8% EBIT margins by 2020 by focusing on automation, digitization and networked production. The presentation also highlights Dürr's leadership positions in its five divisions and optimism for growth in electric vehicles and emerging markets. Dürr aims to create value through its asset-light business model with strong returns on capital employed significantly exceeding its cost of capital.
Duerr Investor Relations presentation Feb 2019Dürr
Dürr is a leading global supplier of production technology and automation solutions. It operates five divisions: Paint and Final Assembly Systems, Application Technology, Clean Technology Systems, Measuring and Process Systems, and Woodworking Machinery. In 2018, Dürr's sales were €3.9 billion with Paint and Final Assembly Systems and Woodworking Machinery being the largest divisions. Dürr aims to grow organically by 2-3% annually and through acquisitions, with a focus on automation, digitization, and networked production.
Dürr AG Conference Call - preliminary figures fiscal year 2018Dürr
Dürr achieves new records for incoming orders and sales
Preliminary figures for fiscal 2018
- Incoming orders and sales increase by 5.2 % and 6.1 %, respectively, adjusted for currency fluctuations
- Service sales exceed € 1 billion for the first time
- Operating EBIT margin of 7.1 % within target range
- Operating cash flow 35.5 % above previous year’s level
- E-mobility and environmental technology as growth drivers
- Strong fourth quarter: highest levels of incoming orders and sales in company history, operating EBIT 20.2 % above Q4 2017
For further information please read our press release: http://bit.ly/2Sr25UY
Dürr Group is a global engineering company with over 16,000 employees worldwide. It provides solutions for automotive and other industrial customers. The document provides an overview of Dürr Group's divisions, customers, history of innovation, and strategy. Key points include:
- Dürr Group has 5 divisions serving automotive and general industry customers.
- It has a history of innovation dating back over 100 years and is increasing R&D investment.
- The strategy focuses on customer benefits through innovation, globalization, services, and efficiency.
Duerr Investor Relations presentation Nov 2018Dürr
The document is an investor relations presentation from Dürr AG, a leading global supplier of production equipment and automation solutions. It provides an overview of Dürr's divisions, group strategy, and financial results. The presentation discusses Dürr's strong market positions, focus on service growth and digitalization, and goals to further improve profitability across its divisions through 2020. It also highlights the recent acquisition of MEGTEC/Universal, which is expected to boost Dürr's clean technology systems business.
Business figures for the first nine months of 2018
Dürr on course for record order intake and sales
• Project pipeline and order books amply filled: Order intake and sales could reach new full-year records in 2018
• At 6.9%, Q3 operating EBIT margin within the target corridor
• Cash flow positive in Q3
• Digital Factory developing Smart Apps for optimizing production
Bietigheim-Bissingen, November 8, 2018 – Dürr is striving for new records in order intake and sales this year. After the first nine months of 2018, order intake stood at € 2,753.2 million and could rise to around € 3,900 million by the end of the year for the first time. Sales should come to more than € 3,800 million for the year as a whole, after reaching € 2,734.1 million in the first nine months. Ralf W. Dieter, CEO of Dürr AG: “We look set to achieve a very good fourth quarter, to which all five divisions should be able to contribute. In automotive business, there are many capital spending projects in the pipeline. This particularly applies to China where we are increasingly supplying new producers of electric vehicles alongside the established OEMs.” Operating earnings and cash flow in the third quarter exceeded the previous two quarters. The operating EBIT margin reached 6.9% in the third quarter, thus coming within the target that had been announced in October for the entire year (6.8 to 7.2%). Operating cash flow and free cash flow were in positive territory in the third quarter.
For further information read our press release: https://bit.ly/2D8ClIU
Dürr Aktiengesellschaft is a global engineering company headquartered in Germany that provides products, systems, and services for manufacturing industry. It has five divisions: Paint and Final Assembly Systems; Application Technology; Clean Technology Systems; Measuring and Process Systems; and Woodworking Machinery and Systems. In 2017, Dürr AG had sales of €3.7 billion and approximately 15,000 employees worldwide located across 92 locations in 31 countries. The company focuses on innovation, globalization, and service to optimize customer production efficiency.
Duerr Investor Relations presentation March 2018Dürr
Dürr provides an investor relations presentation covering its five divisions and outlook. It is a global leader in production technologies with market shares between 30-60% and over 50% of orders from emerging markets. While automotive currently makes up 55% of orders, general industry such as furniture is growing. The presentation outlines each division's financial performance in 2017 and strategies to boost margins through cost efficiency and expanding services.
Dürr AG CONFERENCE CALL PRELIMINARY FIGURES FISCAL YEAR 2017Dürr
The document summarizes preliminary figures for Dürr AG's fiscal year 2017. It reports that incoming orders, sales, and earnings were in line with or above expectations. Net income exceeded €200m for the first time. The Paint and Final Assembly Systems division launched an optimization program called FOCUS 2.0 to improve processes and costs with a goal of reaching a 6-7% EBIT margin by 2020.
Dürr AG Conference Call Results Jan - Sep 2017Dürr
Dürr achieved growth in order intake, sales and earnings in the first nine months of 2017 and is targeting record new orders of up to € 3.8 billion for the year as a whole. In like-for-like terms, i.e. adjusted for the effects of the disposal of the Dürr Ecoclean Group (industrial cleaning technology) in March 2017, order intake climbed by 7.4% to € 2,894.0 million, accompanied by a 6.2% increase in sales to € 2,677.0 million. Without the Ecoclean adjustment, order intake rose by 2.3% and sales by 2.6%. EBIT increased by 17.9% to € 214.1 million, with earnings after tax up 24.1% to € 149.7 million. At 8.0%, the EBIT margin after the first nine months was within the full-year target corridor of 7.5 to 8.25%. Following on from the muted order intake of the third quarter (€ 815.2 million), Dürr expects a stronger final quarter. Ralf W. Dieter, CEO of Dürr AG: “We are very confident of achieving our full-year targets in view of the project awards expected in the automotive industry before the end of the year combined with the continued strong demand for woodworking machinery.”
Conference Call Fiscal Year 2016 - preliminary figuresDürr
This presentation has been prepared independently by Dürr AG (“Dürr”). The presentation contains statements which address such key issues as Dürr’s strategy, future financial results, market positions and product development. Such statements should be carefully considered, and it should be understood that many factors might cause forecast and actual results to differ from these statements. These factors include, but are not limited to, price fluctuations, currency fluctuations, developments in raw material and personnel costs, physical and environmental risks, legal and legislative issues, fiscal, and other regulatory measures. Stated competitive positions are based on management estimates supported by information provided by specialized external agencies.