Interim Report January 1 to September 30, 2011 (IFRS)
(Ad-hoc) Dürr with further growth acceleration and earnings increase in the third quarter
Bietigheim-Bissingen, October 18, 2011 – Based on preliminary figures, the Dürr Group booked orders worth € 866 million in the third quarter of 2011 (+138% versus Q3 2010). Demand thus continued to pick up contrary to the general economic trend. Order intake for the first nine months rose to € 2,066 million (+88%). Accordingly, the Group has already topped the approximately € 2.0 billion mark targeted for the full year 2011. At € 2,122 million as of September 30, orders on hand topped the € 2.0 billion mark for the first time. Sales in the first nine months of 2011 increased to € 1,307 million (+53%); the third quarter was the strongest quarter so far this year, with revenues of € 524 million (+56% versus Q3 2010). EBIT advanced to € 62 million; almost half of that or € 29 million was generated in the third quarter (Q3: 2010: € 13.2 million). With an EBIT margin of 4.7% for the first nine months, Dürr exceeded its guidance of 4.0 to 4.5% for the full year. Earnings after tax rose to € 35 million in the first nine months of 2011 after € -9.9 million in the same period last year.
Press release 10/18/2011
Interim Report January 1 to September 30, 2011 (PDF 3,3 MB)
Presentation conference call (PDF 0,5 MB) 474 K
Interim financial report for the 1st half of 2011 (IFRS)
Dürr with dynamic growth in the first half
- At € 1.2 billion, incoming orders clearly top pre-crisis level
- Strong growth in sales revenues and earnings
- Guidance for the full year raised
Bietigheim-Bissingen, August 4, 2011 – Dürr has increased its order intake, sales revenues and earnings strongly in the first six months of 2011 and thus laid the foundation for a successful year. At € 1.2 billion, new orders were up 63% on the first half of 2010. In the second quarter they reached € 643 million, thus sustaining the positive trend of the first three months (€ 557 million). With sales revenues up 51% to € 784 million, earnings before interest and tax (EBIT) rose to € 32.6 million in the first six months (H1 2010: € 1.1 million). Owing to the good first half and the continued strong demand, the guidance for 2011 has been raised. Sales revenues are expected to be up about 40% and incoming orders up 20% versus 2010. Previously, Dürr had forecast increases of 30% and 5%. Dürr now targets an EBIT margin of between 4.0% and 4.5% (previously 3.5% to 4.0%).
Press release 08/04/2011
Interim financial report for the 1st half of 2011 (PDF 1,3 MB)
Presentation conference call (PDF 0,7 MB) 698 K
Interim Report 1st Quarter 2011 (IFRS)
Dürr gets off to a successful start to the year
- Incoming orders again in excess of € 500 million
- Marked earnings improvement
- Further growth in orders on hand
- New syndicated loan with better conditions
Bietigheim-Bissingen, May 3, 2011 – Dürr got off to a good start in 2011 and booked incoming orders worth € 557 million in the first quarter. The Group therefore outstripped the strong final quarter of 2010 when it had received new orders worth € 542 million. Order intake was up 54% on the first quarter of 2010, while sales revenues were up 56% to € 359 million. On this basis, Dürr increased its earnings before interest and taxes to € 9.1 million (Q1 2010: € -6.1 million). A positive result of € 1.8 million was also achieved after tax (Q1 2010: € -10.4 million). For 2011, Dürr expects sales growth of at least 15% and an EBIT margin of 3.5% to 4%. Ralf Dieter, Dürr AG’s CEO, commented: “We are well on track to comfortably achieve our targets for the year and continue growing profitably.”
Press release 05/03/2011
Interim Report 1st Quarter 2011 (PDF 1,2 MB)
Presentation conference call (PDF 0,2 MB) 202 K
