EQS-Adhoc: Dürr Group reviews strategic options for the environmental technology business and combines painting and final assembly technology in the new Automotive division
|
EQS-Ad-hoc: Dürr Aktiengesellschaft / Key word(s): Strategic Company Decision Dürr Group reviews strategic options for the environmental technology business and combines painting and final assembly technology in the new Automotive division
Dürr AG – WKN 556520 / ISIN DE0005565204
Bietigheim-Bissingen, June 04, 2024 — Today, the Board of Management of Dürr AG informed the Supervisory Board that it is reviewing strategic options for the air pollution control technology and noise abatement systems business units, part of the Clean Technology Systems (CTS) division, including a sale. These activities generated sales of around €430 million in 2023. No strategic options are being reviewed for the battery production technology business allocated to CTS.
Furthermore, the Board of Management has decided to bundle all activities of the Paint and Final Assembly Systems and Application Technology divisions and merge them into the new Automotive division in order to further strengthen competitiveness and systems expertise. The activities, which most recently generated sales of around €2 billion, will be managed under the new division from the beginning of 2025.
Dürr AG's Board of Management confirms the targets for the current fiscal year and the mid-cycle targets.
The battery production technology business currently located at CTS will become part of the Industrial Automation Systems division, which will be renamed Industrial Automation. There will be no changes to the Woodworking Machinery and Systems division, which will simply be renamed Woodworking.
_______________________________________________________________
Contact: Dürr AG Andreas Schaller / Mathias Christen Corporate Communications & Investor Relations Phone +49 7142 78-1785 / -1381 Fax +49 7142 78-1716 E-Mail corpcom@durr.com
End of Inside Information
04-Jun-2024 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. |
| Language: | English |
| Company: | Dürr Aktiengesellschaft |
| Carl-Benz-Str. 34 | |
| 74321 Bietigheim-Bissingen | |
| Germany | |
| Phone: | 07142 78-0 |
| Fax: | 07142 78-1716 |
| E-mail: | corpcom@durr.com |
| Internet: | www.durr-group.com |
| ISIN: | DE0005565204 |
| WKN: | 556520 |
| Indices: | SDAX |
| Listed: | Regulated Market in Frankfurt (Prime Standard), Stuttgart; Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Tradegate Exchange |
| EQS News ID: | 1917695 |
| End of Announcement | EQS News Service |
|
|
1917695 04-Jun-2024 CET/CEST
Boersengefluester.de (BGFL) provides an overview of the key figures on sales, earnings, cash flow and dividends to help you better assess the fundamental development of the respective companies. All information is entered manually in our database - the source is the respective annual reports. All estimates for future figures are provided by BGFL.
| The most important financial data at a glance | ||||||||
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024e | 2025e | ||
| Sales1 | 3.921,50 | 3.324,82 | 3.536,67 | 4.314,07 | 4.627,33 | 4.880,00 | 0,00 | |
| EBITDA1,2 | 308,50 | 125,27 | 299,37 | 337,50 | 322,25 | 357,00 | 0,00 | |
| EBITDA-Margin3 | 7,87 | 3,77 | 8,47 | 7,82 | 6,96 | 7,32 | 0,00 | |
| EBIT1,4 | 195,90 | 11,12 | 175,67 | 205,90 | 191,45 | 224,50 | 0,00 | |
| EBIT-Margin5 | 5,00 | 0,33 | 4,97 | 4,77 | 4,14 | 4,60 | 0,00 | |
| Net Profit (Loss)1 | 129,80 | -13,86 | 84,94 | 134,26 | 110,22 | 135,00 | 0,00 | |
| Net-Margin6 | 3,31 | -0,42 | 2,40 | 3,11 | 2,38 | 2,77 | 0,00 | |
| Cashflow1,7 | 171,90 | 214,96 | 256,97 | 264,70 | 287,49 | 0,00 | 0,00 | |
| Earnings per share8 | 1,79 | -0,23 | 1,16 | 1,81 | 1,55 | 1,90 | 2,25 | |
| Dividend per share8 | 0,80 | 0,30 | 0,50 | 0,70 | 0,70 | 0,80 | 0,80 | |
1 in Mio. Euro; 2 EBITDA = Earnings before interest, taxes, depreciation and amortisation; 3 EBITDA in relation to sales; 4 EBIT = Earnings before interest and taxes; 5 EBIT in relation to sales; 6 Net profit (-loss) in relation to sales; 7 Cashflow from operations; 8 in Euro; Source: boersengefluester.de
Auditor: Deloitte
All relevant valuation ratios, dates and other investor information on your share at a glance. Good to know: All data comes from boersengefluester.de and is updated daily. This means you are always up to date. You can get brief explanations of the key figures by moving the cursor or mouse over the relevant field.
| INVESTOR-INFORMATION | ||||||
| ©boersengefluester.de | ||||||
| Dürr | ||||||
| WKN | ISIN | Legal Type | Marketcap | IPO | Recommendation | Plus Code |
| 556520 | DE0005565204 | AG | 1.507,22 Mio € | 01.04.1990 | Halten | 8FWFW4QH+V5 |
| PE 2026e | PE 10Y-Ø | BGFL-Ratio | Shiller-PE | PB | PCF | KUV |
| 8,82 | 19,79 | 0,45 | 12,09 | 1,34 | 5,24 | 0,33 |
|
Dividend '2022 in € |
Dividend '2023 in € |
Dividend '2024e in € |
Div.-Yield '2024e in % |
| 0,70 | 0,70 | 0,80 | 3,67% |
| Annual General Meeting | Q1-figures | Q2-figures | Q3-figures | Annual press conference |
| 16.05.2025 | 13.05.2025 | 07.08.2025 | 07.11.2024 | 28.03.2025 |
| Distance 60-days-line | Distance 200-days-line | Performance YtD | Performance 52 weeks | IPO |
| -0,23% | +1,05% | +1,59% | +2,64% | +207,02% |
Founded in 2013 by Gereon Kruse, the financial portal boersengefluester.de is all about German shares - with a clear focus on second-line stocks. In addition to traditional editorial articles, the site stands out in particular thanks to a large number of self-developed analysis tools. All tools are based on a completely self-maintained database for more than 650 shares. As a result, boersengefluester.de produces Germany's largest profit and dividend forecast.
Contact
