07.12.2015
Drägerwerk AG & Co. KGaA DE0005550602
DGAP-Adhoc: Drägerwerk AG & Co. KGaA: Dräger plans headcount reduction
Drägerwerk AG & Co. KGaA / Key word(s): Miscellaneous
07.12.2015 14:10
Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
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Ad hoc report in accordance with Sec. 15 of the German Securities Trading
Act
Drägerwerk AG & Co. KGaA: Dräger plans headcount reduction
With the publication of the financial results for the first nine months,
Dräger already announced that it will intensify its "Fit for Growth"
efficiency program. In this context, the board of the Drägerwerk
Verwaltungs AG decided today to reduce headcount. The number of jobs at
Dräger's headquarters in Lübeck will be reduced by approximately 200 by the
end of 2016. Excluded from these headcount reductions are employees in
direct production and logistics. The necessary restructuring costs are
expected to amount to a low double digit million Euro figure which will
probably be accrued for in 2015.
The headcount reductions will be conducted in coordination with the
responsible works council and the IG-Metall and are to be achieved in a
socially acceptable manner as far as possible. Consultations in this regard
will begin shortly.
Further details of the efficiency measures, which may include personnel
measures in the regions, will be announced with the publication of the
final financial results for the fiscal year 2015 on March 9, 2016.
Drägerwerk AG & Co. KGaA
Moislinger Allee 53-55
23558 Lübeck, Deutschland
www.draeger.com
Investor Relations:
Thomas Fischler
Tel. +49 451 882-2685
[email protected]
Corporate Communications:
Melanie Kamann
Tel. +49 451 882-3998
[email protected]
Disclaimer
This ad hoc report contains statements on the future development of Dräger
Group. These forward-looking statements are based on the current
expectations, presumptions, and forecasts of the Executive Board as well as
the information available to date. They were compiled to the best of the
company's knowledge. Dräger does not provide any warranty nor assume any
responsibility for the future developments and results described above.
These are dependent on a number of factors. They entail various risks and
contingencies outside of the company's influence and are based on
assumptions which could prove to be incorrect. Dräger does not assume any
responsibility for updating the forward-looking statements contained in
this report. This does not infringe any legal stipulations on the
adjustment of forecasts. Please go to Investor Relations / Financial
Calendar at www.draeger.com for information on all important financial
dates.
07.12.2015 The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
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Language: English
Company: Drägerwerk AG & Co. KGaA
Moislinger Allee 53-55
23542 Lübeck
Germany
Phone: +49 (0)451 882-0
Fax: +49 (0)451 882-2080
E-mail: [email protected]
Internet: www.draeger.com
ISIN: DE0005550602, DE 000 555 063 6, DE 000 555 065 1, DE 000 555
067 7, DE 000 555 071 9
WKN: 555060, 555063 Vorzüge, 555065 Genussschein A, 555067 Genussschein K, 555071 Genussschein D
Indices: TecDAX
Listed: Regulated Market in Berlin, Dusseldorf, Frankfurt (Prime
Standard), Hamburg, Hanover, Munich; Regulated Unofficial
Market in Stuttgart
End of Announcement DGAP News-Service
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