Ad-hoc | 30 January 2012 07:51
Dürr Aktiengesellschaft / Key word(s): Preliminary Results 30.01.2012 07:51 Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- Preliminary results Dürr 2011 Bietigheim-Bissingen, January 30, 2012 - According to preliminary figures the Dürr Group increased its sales revenues in fiscal year 2011 to around EUR 1,900 million (+50%). EBIT improved to approximately EUR 105 million and was thus nearly trebled. Incoming orders rose by 63% to approximately EUR 2,680 million in fiscal year 2011. In the fourth quarter new orders were worth EUR 615 million, which was up 14% on the comparable pre-year figure. The exceptionally high order intake was due above all to the automotive industry's capacity expansion in China and other emerging markets. Dürr benefited additionally from catch-up effects as customers had shelved numerous investment projects in the 2008/2009 crisis which were awarded in 2011. Orders on hand were worth about EUR 2,100 million at the end of 2011 (+55% versus December 31, 2010). These figures cited for 2011 are above the capital market's expectations. From today's vantage point Dürr expects incoming orders in excess of EUR 2 billion in 2012; this means that orders in 2012 would be about EUR 400 million above the pre-2008/2009 crisis level. Sales revenues are expected to advance to a good EUR 2 billion in the current year. This is supported by the high order backlog and the Group's excellent position in the emerging markets. Dürr assumes that the buoyant current demand will continue, especially in the automotive industry. Dürr will be reporting on the development of business in 2011 and the outlook on February 21, 2012.Preliminary figures Dürr Group in EUR m 2011 2010 ∆ in % Incoming orders 2,680 1,642.2 +63 Orders on hand 2,100 1,359.1 +55 Sales revenues 1,900 1,261.4 +50 EBIT (Earnings before 105 36.6 1) +187 financial result and taxes) EBIT margin in % 5.5 2.9 +2.6 basis points1) 2010 has been adjusted due to reclassification of the interest component in pension provisions. All the figures are preliminary figures and have not been audited. Contact: Dürr AG Günter Dielmann/Mathias Christen Corporate Communications & Investor Relations Phone +49 7142 78-1785/-1381 Fax +49 7142 78-1716 E-mail corpcom@durr.com 30.01.2012 DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------------- Language: English Company: Dürr Aktiengesellschaft Carl-Benz-Str. 34 74321 Bietigheim-Bissingen Germany Phone: 07142 78-1785 Fax: 07142 78-1716 E-mail: investor.relations@durr.com Internet: www.durr.com ISIN: DE0005565204 WKN: 556520 Indices: SDAX Listed: Regulierter Markt in Frankfurt (Prime Standard), Stuttgart; Freiverkehr in Berlin, Düsseldorf, Hamburg, Hannover, München End of Announcement DGAP News-Service ---------------------------------------------------------------------------