06.12.2019 Dürr Aktiengesellschaft  DE0005565204

DGAP-News: Dürr delivers three paint shops for BMW in China and Hungary as general contractor


 

DGAP-News: Dürr Aktiengesellschaft / Key word(s): Incoming Orders
Dürr delivers three paint shops for BMW in China and Hungary as general contractor
06.12.2019 / 16:59
The issuer is solely responsible for the content of this announcement.


Dürr delivers three paint shops for BMW in China and Hungary as general contractor

Bietigheim-Bissingen, December 6, 2019 - BMW uses Dürr to increase its painting capacities in Asia and Europe. In Shenyang (China), Dürr is erecting a new paint shop and expanding an existing one for the German OEM. The orders for building the two facilities in China were booked in the fourth quarter of 2019. In addition, it was agreed that Dürr would also deliver the paint shop for BMW's new plant in the Hungarian city of Debrecen.

Ralf W. Dieter, CEO of Dürr AG, states: "The two orders from BMW in Shenyang reinforce our position as market leader in China. The technological equipment of the paint shops on order fulfills two criteria, which are becoming increasingly important for our customers: sustainability and flexibility in production."

BMW has been operating a Dürr paint shop in Shenyang-Dadong since 2016, and its capacity is now being increased. In Shenyang-Tiexi, where BMW has been using Dürr technology for its paint application since 2013, Dürr is building another paint shop in a new production facility. In addition, BMW is already planning a second extension phase and has agreed this future work with Dürr. The paint shop in Debrecen is set to start production in summer 2023.

In these three plants, Dürr will install a total of 165 painting robots and 90 sealing robots for seam sealing. BMW is deploying sustainable technology: the eco-friendly EcoDryScrubber (China) and EcoDry X (Hungary) systems will be used for the separation of excess paint, also known as overspray. This reduces energy consumption in the paint booths by 60% as less fresh air needs to be treated.
Dürr helps to make production more flexible through its new EcoProFleet automated guided vehicles for car bodies.

Pictures for this press release can be found here.

The Dürr Group is one of the world's leading mechanical and plant engineering firms with extensive expertise in automation and digitization/Industry 4.0. Its products, systems and services enable highly efficient manufacturing processes in different industries. The Dürr Group supplies sectors like the automotive industry, mechanical engineering, chemical, pharmaceutical and woodworking industries. It generated sales of € 3.87 billion in 2018. In October 2018, the Dürr Group acquired the industrial environmental technology business of US-based company Babcock & Wilcox, comprising the Megtec and Universal brands. Since then, it has had around 16,500 employees and 108 business locations in 32 countries. The Group operates in the market with five divisions:

*    Paint and Final Assembly Systems: paint shops and final assembly systems for the automotive industry
*    Application Technology: robot technologies for the automated application of paint, sealants and adhesives
*    Clean Technology Systems: air pollution control, noise abatement systems and battery coating lines
*    Measuring and Process Systems: balancing equipment as well as assembly, testing and filling technology
*    Woodworking Machinery and Systems: machinery and equipment for the woodworking industry

Contact:
Dürr AG
Günter Dielmann / Mathias Christen
Corporate Communications & Investor Relations
Phone +49 7142 78-1785 / -1381
Fax +49 7142 78-1716
E-Mail [email protected]

This publication has been prepared independently by Dürr AG/Dürr group ("Dürr"). 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 Dürr's disclosures, in particular in the chapter "Risks" in Dürr's annual report. 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 Dürr 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 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). Dürr's net assets, financial position and results of operations 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 can be found in our financial glossary on the Dürr web page (https://www.durr-group.com/en/investor-relations/service/glossary/).
 


06.12.2019 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
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Language: English
Company: Dürr Aktiengesellschaft
Carl-Benz-Str. 34
74321 Bietigheim-Bissingen
Germany
Phone: 07142 78-0
Fax: 07142 78-1716
E-mail: [email protected]
Internet: www.durr-group.com
ISIN: DE0005565204, XS1048589458
WKN: 556520, A1YC44
Indices: MDAX
Listed: Regulated Market in Frankfurt (Prime Standard), Stuttgart; Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Tradegate Exchange
EQS News ID: 930757

 
End of News DGAP News Service

930757  06.12.2019 

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Die wichtigsten Finanzdaten auf einen Blick
  2015 2016 2017 2018 2019 2020 2021e
Umsatzerlöse1 3.767,09 3.573,52 3.713,19 3.869,82 3.921,50 3.324,82 3.745,00
EBITDA1,2 348,20 360,30 667,70 326,87 308,50 125,27 319,00
EBITDA-Marge3 9,24 10,08 17,98 8,45 7,87 3,77 8,52
EBIT1,4 267,79 271,40 287,02 233,50 195,90 11,12 214,50
EBIT-Marge5 7,11 7,59 7,73 6,03 5,00 0,33 5,73
Jahresüberschuss1 166,56 187,80 199,62 163,51 129,80 -13,86 115,00
Netto-Marge6 4,42 5,26 5,38 4,23 3,31 -0,42 3,07
Cashflow1,7 172,97 227,37 119,78 162,27 171,90 214,96 0,00
Ergebnis je Aktie8 2,33 2,63 2,81 2,27 1,79 -0,23 1,67
Dividende8 0,92 1,05 1,10 1,00 0,80 0,30 0,80
Quelle: boersengefluester.de und Firmenangaben

  Geschäftsbericht 2020 - Kostenfrei herunterladen.  
1 in Mio. Euro; 2 EBITDA = Ergebnis vor Zinsen, Steuern und Abschreibungen; 3 EBITDA in Relation zum Umsatz; 4 EBIT = Ergebnis vor Zinsen und Steuern; 5 EBIT in Relation zum Umsatz; 6 Jahresüberschuss (-fehlbetrag) in Relation zum Umsatz; 7 Cashflow aus der gewöhnlichen Geschäftstätigkeit; 8 in Euro; Quelle: boersengefluester.de

Wirtschaftsprüfer: Ernst & Young

INVESTOR-INFORMATIONEN
©boersengefluester.de
Dürr
WKN Kurs in € Einschätzung Börsenwert in Mio. €
556520 35,720 Halten 2.471,90
KGV 2022e KGV 10Y-Ø BGFL-Ratio Shiller-KGV
15,53 18,24 1,01 19,17
KBV KCV KUV EV/EBITDA
2,80 11,50 0,74 25,47
Dividende '19 in € Dividende '20e in € Div.-Rendite '20e
in %
Hauptversammlung
0,80 0,30 0,84 07.05.2021
Q1-Zahlen Q2-Zahlen Q3-Zahlen Bilanz-PK
11.05.2021 05.08.2021 04.11.2021 18.03.2021
Abstand 60Tage-Linie Abstand 200Tage-Linie Performance YtD Performance 52 Wochen
5,91% 8,95% 6,95% 52,91%
    
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