Ad-hoc Announcements and Press Releases 2008
Dürr with record order backlog|
Strong growth in sales, earnings and cash flow Net financial debt close to nil Outlook: Well equipped for the future despite market turbulence
Dürr and Ford sign global Aligned Business Framework agreement|
Member of Ford´s key supplier network Development cooperation in painting systems Basis for further expanding collaboration
Up to 30% less energy consumption in the painting process with the EcoDryScrubber from Dürr|
Stuttgart, October 15, 2008 – A new technology developed by Dürr enables energy savings of up to 30% in automobile painting, which is by far the most energy-intensive manufacturing process in the...
Dürr honored for promoting junior staff|
Stuttgart, October 13, 2008 – For Dürr’s innovative training programs, the German Federal Employment Agency has awarded the Group its Certificate for Outstanding Achievement in Developing Junior...
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...
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...
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%
Dürr fully on track at the mid-year mark|
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
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...
(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
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...
Dürr continues earnings improvement in the first quarter|
EBIT more than tripled Sales revenues up 17% Incoming orders well above 2007 quarterly average Positive outlook unchanged
Dürr campus relies on forward-looking energy concept|
40% lower energy costs than with conventional concept 2,100 metric tons less CO2 emissions per year Utilization of regenerative energy
Dürr optimistic for 2008|
2007: Strong earnings improvement Dividend of 40 cents per share “Dürr 2010” strategy as basis for further profitable growth
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...
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...
Dürr with sustained growth|
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...
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...