Ad-hoc Announcements and Press Releases 2008

Date Title
09/23/2008 Dürr and EDAG establish sales joint venture for aircraft business

Stuttgart, September 23, 2008 – Dürr Systems GmbH, a wholly-owned subsidiary of Dürr AG, and EDAG GmbH & Co. KGaA signed an agreement on the establishment of a joint venture, Dürr EDAG Aircraft...

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09/19/2008 S&P also upgrades Dürr rating

Stuttgart, September 19, 2008 – Standard & Poor´s (S&P) has raised Dürr AG’s corporate credit rating from “B” to “B+”. At the same time, the rating for Dürr’s € 200 million corporate bond was...

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09/16/2008 Moody´s upgrades Dürr rating

Stuttgart, September 16, 2008 – Moody´s has raised Dürr AG’s corporate rating from B2 to B1 with stable outlook. The rating for Dürr’s € 200 million corporate bond has improved from Caa1 to B3. Main...

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09/11/2008 Dürr seals forward-looking financing package
  • New syndicated loan in the amount of € 440 million
  • Bond redemption initiated with repayment of a tranche of 50%
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08/07/2008 Dürr fully on track at the mid-year mark
Results (IFRS) for the first half of 2008
  • Strong sales and earnings growth
  • Order backlog assures capacity utilization until mid-year 2009
  • Positive full-year outlook for 2008
  • Optimization of financial structure to continue
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06/19/2008 After capital increase: Moody´s and S&P with positive out-look for Dürr rating

Stuttgart, June 19, 2008 – The rating agencies Standard & Poor´s (S&P) and Moody´s have reacted positively to Dürr AG’s capital increase on June 17, 2008. In light of the proceeds of € 44 million and...

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06/17/2008 (Ad-hoc) Dürr successfully places capital increase equivalent to just under 10% of capital stock
  • € 44.0 million placed at a price of € 28.00
  • Basis for financing growth
  • Optimization of financing structure
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05/02/2008 Dürr shareholders approve dividend of 40 cents per share

Stuttgart, May 2, 2008 – Dürr AG plans a dividend increase for 2008. “We intend to improve our earnings further and let shareholders participate in that,” explained CEO Ralf Dieter at today’s annual...

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04/29/2008 Dürr continues earnings improvement in the first quarter
Results (IFRS) for the first quarter of 2008
  • EBIT more than tripled
  • Sales revenues up 17%
  • Incoming orders well above 2007 quarterly average
  • Positive outlook unchanged
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04/28/2008 Dürr campus relies on forward-looking energy concept
Groundbreaking for office complex
  • 40% lower energy costs than with conventional concept
  • 2,100 metric tons less CO2 emissions per year
  • Utilization of regenerative energy
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03/20/2008 Dürr optimistic for 2008
Results for 2007
  • 2007: Strong earnings improvement
  • Dividend of 40 cents per share
  • “Dürr 2010” strategy as basis for further profitable growth
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03/14/2008 Dürr receives large paint systems order in USA

Stuttgart, March 14, 2008 – The Dürr Group has received a major order from the BMW Group for its US plant in Spartanburg, South Carolina, worth more than € 100 million. The production capacity will...

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03/03/2008 S&P raises the rating outlook for Dürr to “positive”

Stuttgart, March 3, 2008 – Standard & Poor´s (S&P) has raised the rating outlook for Dürr AG from “stable” to “positive”. Dürr’s corporate credit rating has been left at “B” for the present. With the...

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02/25/2008 Dürr with sustained growth
Preliminary figures 2007 (IFRS)
  • Incoming orders up 22%
  • Strong fourth quarter takes operating cash flow well into positive territory
  • Net profit of € 21 million (2006: € 8.2 million) allows a dividend proposal of 40 cents per share...
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01/31/2008 Dürr registers strong growth in India

Stuttgart, January 31, 2008 – The Dürr mechanical and plant engineering group is benefiting from the automotive industry’s strong expansion in India. In 2007, new orders from business in India rose...

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