Dürr share in MDAX with effect from March 19, 2012
Bietigheim-Bissingen, March 6, 2012 – With effect from March 19, 2012, the
Dürr AG share will be part of the MDAX, the index of Deutsche Börse AG for
mid caps. This was decided by Deutsche Börse at an ordinary index review
meeting yesterday. The Dürr share will replace the former MDAX member
Heidelberger Druckmaschinen AG.
Ralph Heuwing, CFO of Dürr AG: “Inclusion in the MDAX is an important success for Dürr and highlights our positive corporate development over the last few years. After inclusion in the SDAX in 2007 we continuously improved our ranking in the criteria market capitalization and volume of stocks traded, and now meet the criteria for entry into the MDAX. The inclusion in the MDAX might help to attract new investors and draw more attention from the capital markets.“
Dürr is a mechanical and plant engineering group that holds leading positions in the world market in its areas of operation. It generates a good 80% of its sales in business with the automotive industry. It also supplies the aircraft, machinery, chemical, and pharmaceutical industries with innovative production and environmental technology. The Dürr Group operates in the market with four divisions. Paint and Assembly Systems plans and builds paintshops and final assembly systems for the automobile industry. Application Technology provides automated paint application with its robot technologies. Machinery and systems from the Measuring and Process Systems division are used in engine and transmission manufacturing and in final vehicle assembly, among other areas. The fourth division, Clean Technology Systems, is focused on processes to improve energy efficiency and on exhaust air purification. Dürr has 49 business locations in 22 countries worldwide. The Group achieved sales of € 1.9 billion with approximately 6,800 employees in 2011.