Business figures for the first nine months / third quarter of 2017

Dürr achieving growth in order intake, sales and earnings

  • Order intake up 2.3% (adjusted for Ecoclean: up 7.4%)
  • Sales up 2.6% (adjusted for Ecoclean: up 6.2%)
  • 24.1% increase in earnings after tax

Bietigheim-Bissingen, November 8, 2017 – 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.”

Business figures for the first half and the second quarter of 2017

Dürr with record order intake in the first half of the year

  • New orders after six months in excess of € 2 billion for the first time
  • Guidance for 2017 confirmed

Bietigheim-Bissingen, August 3, 2017 – Dürr posted a 4.5% increase in order intake to € 2,078.7 million in the first half of 2017, exceeding the € 2 billion mark after six months for the first time. This was chiefly due to the pick-up in new orders from the automotive industry in the second quarter. Moreover, the strong demand for woodworking machinery supplied by subsidiary HOMAG continued. Whereas Group sales climbed by 2.6% to € 1,751.3 million, EBIT grew by 21.2% to € 144.2 million. The EBIT margin widened from 7.0 to 8.2%, thus reaching the upper edge of the full-year target range of 7.5 to 8.25%. Adjusted for extraordinary effects of € 14.9 million, operating EBIT came to EUR 129.3 million, translating into an operating EBIT margin of 7.4% (previous year: € 119.5 million and 7.0%). Earnings after tax rose by 28.2% to € 99.7 million. Ralf W. Dieter, CEO of Dürr AG: “We are fully on track and also confident about the second half of the year; the project pipeline of our customers is well filled and we expect sales to grow more swiftly in the second half of the year. In addition, we are systematically pressing forward with the expansion of our digitization and Internet of Things activities.”

Interim Statement 1st quarter 2017

Dürr with a successful start to 2017

  • 20% increase in operating EBIT on 8% higher sales
  • Order intake slightly up on the previous year’s very high level

Bietigheim-Bissingen, May 11, 2017 – Dürr posted a substantial increase in sales and earnings in the first quarter of 2017, accompanied by very high order intake. At € 1,056.1 million, new orders slightly exceeded the previous year’s peak figure (€ 1,048.5 million). Whereas consolidated sales climbed by 8.0% to € 891.4 million, EBIT grew by 49.4% to € 87.7 million, with EBIT margin widening from 7.1 to 9.8%. EBIT includes extraordinary income of € 22.7 million from the sale of cleaning technology specialist Dürr Ecoclean. Adjusted for extraordinary effects, operating EBIT rose by 20.4% to € 67.2 million, resulting in an operating EBIT margin of 7.5% (Q1 2016: 6.8%). Net profit increased by 62.0% to € 62.6 million. Ralf W. Dieter, CEO of Dürr AG: “Dürr got off to a good start to the new year. HOMAG is performing very well within the Dürr Group and helped to make up for the more moderate order intake in automotive business. As the year progresses, capital spending in the automotive industry should pick up again. The trend towards electromobility will generate additional demand for production technology.”

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