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Dürr AG — Earnings Release 2010
Feb 1, 2011
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Earnings Release
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News Details
Ad-hoc | 1 February 2011 08:50
Dürr Aktiengesellschaft: Dürr reports a strong fourth quarter in 2010
Dürr Aktiengesellschaft / Key word(s): Preliminary Results
01.02.2011 08:50
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.
Dürr reports a strong fourth quarter in 2010
Bietigheim-Bissingen, February 1, 2011 - On the basis of the preliminary
figures, Dürr's Group sales were up 17% to EUR 1,260 million in fiscal
2010. EBIT advanced from EUR 5.7 million to EUR 33 million; earnings after
tax came to approximately EUR 6 million after a loss of EUR 25.7 million in
the previous year. Order intake was up 38% to EUR 1,640 million and is back
to the pre-crisis level. The fourth quarter of 2010 was by far the best
quarter for years, with incoming orders of EUR 540 million. Orders on hand
reached EUR 1,360 million at the end of 2010 (+36%). All these figures for
2010 clearly exceed the capital market's expectations. The Board of
Management expects that a dividend payment can be resumed for 2010.
The main drivers for the better-than-expected performance were the
continued strong demand in the emerging markets, higher capacity
utilization, and much improved earnings contributions from services and
machinery business. Dürr will be reporting on the 2010 results and on the
outlook for 2011 on February 23, 2011. All figures are preliminary and have
not been audited.
Dürr AG
Günter Dielmann/Mathias Christen
Corporate Communications & Investor Relations
Phone +49 7142 78-1785/-1381
Fax +49 7142 78-1716
Email [email protected]
01.02.2011 DGAP's Distribution Services include Regulatory Announcements,
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Language: English
Company: Dürr Aktiengesellschaft
Carl-Benz-Str. 34
74321 Bietigheim-Bissingen
Deutschland
Phone: 07142 78-1785
Fax: 07142 78-1716
E-mail: [email protected]
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