Outlook
In detail: Group outlook
. | Actual 2023 | Targets 2024 | |
Incoming orders | € m | 4,616 | 4,600 to 5,000 |
Sales revenues | € m | 4,627 | 4,700 to 5,000 |
EBIT margin before extraordinary effects | % | 6.1 | 4.5 to 6.0 |
EBIT margin | % | 4.1 | 3.5 to 5.0 |
ROCE | % | 11.2 | 9 to 14 |
Earnings after taxes | € m | 110 | 90 to 150 |
Free cash flow | € m | 129 | 0 to 50 |
Net financial status (December 31) | € m | -517 | -540 to -590 |
Capital expenditure (excluding acquisitions) of sales revenue | % | 3.4 | 3.0 to 4.0 |
Divisions outlook
Order intake (€ m) |
Sales revenues (€ m) |
EBIT margin before extraordinary effects (%) | ||||
2023 | Targets 2024 | 2023 | Targets 2024 | 2023 | Targets 2024 | |
Paint and Final Assembly Systems | 1,476 | 1,450 to 1,600 | 1,364 | 1,400 to 1,500 | 5.1 | 6.0 to 7.0 |
Application Technology | 720 | 600 to 650 | 614 | 620 to 670 | 9.9 | 9.5 to 10.5 |
Clean Technology Systems | 480 | 530 to 580 | 481 | 510 to 550 | 6.3 | 6.0 to 7.0 |
Industrial Automation Systems | 584 | 800 to 900 | 591 | 820 to 920 | 5.0 | 7.0 to 8.0 |
Woodworking Machinery and Systems | 1,395 | 1,200 to 1,400 | 1,625 | 1,350 to 1,450 | 8.0 | 2.0 to 4.0 |
Worldwide production volume of BEVs
As a supplier of production lines, in particular for the automotive as well as the furniture industry, the Dürr Group depends on the investment behavior of the manufacturer. This is largely determined by the expected production in the coming years. One important driver here is the switch to electromobility.
in million vehicles
Source: GlobalData, Global Light Vehicle Powertrain Forecast - Quarter 4 2023
Dividend
Dürr intends in principle to distribute 30 to 40% of net income.
* All data was adapted after corporate actions (bonus shares) for better comparability.
Disclaimer
This publication has been prepared independently by Dürr AG/Dürr group. It may contain statements which address such key issues as strategy, future financial results, events, competitive positions and product developments. Such forward-looking statements are subject to a number of risks, uncertainties and other factors, including, but not limited to those described in disclosures of Dürr AG, in particular in the chapter “Risks” in the annual report of Dürr AG. Should one or more of these risks, uncertainties and other factors materialize, or should underlying expectations not occur or assumptions prove incorrect, actual results, performances or achievements of the Dürr group may vary materially from those described in the relevant forward-looking statements. These statements may be identified by words such as “expect,” “want,” “anticipate,” “intend,” “plan,” “believe,” “seek,” “estimate,” “will,” “project” or words of similar meaning. Dürr AG neither intends, nor assumes any obligation, to update or revise its forward-looking statements regularly in light of developments which differ from those anticipated. Stated competitive positions are based on management estimates supported by information provided by specialized external agencies.
Our financial reports, presentations, press releases and ad-hoc releases may include alternative financial metrics. These metrics are not defined in the IFRS (International Financial Reporting Standards). Net assets, financial position and results of operations of the Dürr group should not be assessed solely on the basis of these alternative financial metrics. Under no circumstances do they replace the performance indicators presented in the consolidated financial statements and calculated in accordance with the IFRS. The calculation of alternative financial metrics may vary from company to company despite the use of the same terminology. Further information regarding the alternative financial metrics used at Dürr AG can be found in our → financial glossary on the web page.