Interim Report 1st Quarter 2012 (IFRS)

Dürr gets off to a strong start

• Incoming orders well up year over year and versus Q4 2011
• Sales revenues up 57% to € 562 million
• Operating profit tripled
• High order backlog of € 2.2 billion

Bietigheim-Bissingen, May 10, 2012 – Dürr continued its positive business trend at the beginning of 2012 and booked orders worth € 679.1 million in the first quarter. That was 21.9% more than in the first quarter of 2011 and an increase of 9.8% over the previous quarter. Group sales revenues were up 56.8% year over year to € 562.4 million. Earnings before interest and tax (EBIT) tripled to € 29.6 million. The EBIT margin reached 5.3% (Q1 2011: 2.7%). After tax Dürr posted a net profit of € 17.2 million (Q1 2011: € 1.8 million). For the full year 2012 the machinery and plant engineering group expects growth of at least 5% in sales revenues and an EBIT margin between 5.5% and 6%. Ralf W. Dieter, Dürr AG’s CEO, commented: “Through our broad international positioning and focus on the emerging markets we are capitalizing on the global growth of the automobile industry and general industry. We are hardly affected by the economic troubles in western and southern Europe.”

Press release 05/10/2012
Interim Report 1st Quarter 2012 (PDF 2,2 MB)
Presentation conference call (PDF 0,9 MB) 0.9 M