Dürr increases incoming orders with sustainable painting technology

The Dürr Group is heading for incoming orders of around € 5 billion in the current year and thus towards the upper end of its target range. The mechanical and plant engineering company is also on track to achieve its annual targets in terms of sales and margins. Thanks to high investments by the automotive industry in sustainable painting technology, incoming orders also reached a good level in the third quarter at € 1.2 billion. In total, orders worth € 4.0 billion were received in the first nine months. This corresponds to a year-on-year increase of 14.0%. Sales rose by 4.3% to € 3.4 billion, although the HOMAG subgroup recorded declines as expected due to the weak furniture and construction industry. The automation specialist BBS Automation, which was acquired at the end of August 2023, also contributed to the increase in order intake and sales within the Group. The EBIT margin before special items amounted to 5.2% after the first nine months and was therefore in the middle of the annual target corridor (4.5 to 6.0%). Free cash flow increased significantly and reached a very good level of € 82 million.

Dr. Jochen Weyrauch, CEO of Dürr AG: "From today's perspective, we will certainly achieve all our annual targets despite the challenging environment. We are benefiting from our strategic focus on sustainable technologies that enable our customers to produce in a climate-friendly manner. The sustainable transformation of industrial processes is leading to increasing investments in modernization in particular." The focus of the high level of investment in energy-efficient automotive painting systems was on Europe. "Painting often accounts for almost 50% of the energy required for car manufacturing. With new technologies, we are enabling significant reductions and a smaller ecological footprint," said Dürr CEO Weyrauch. Incoming orders in the Application Technology painting robot division grew by a quarter between January and September. At the beginning of 2025, Dürr will combine the previously separate Paint and Final Assembly Systems and Application Technology divisions into the new Automotive division. The global market leader expects this to result in even better customer support, integrated product development and greater efficiency in the construction of turnkey paint shops.