Investor Relations Presentation May 2024
Dürr Group positioning in current environment
Potentials, challenges and actions
HOMAG
◉
Significantly lower order
volume at HOMAG after
two record years (-30%)
-> -15% sales decline in
2024 expected
Capacity adjustments:
- 600 jobs globally
2
Cost savings:
€25 m in 2024
€50 m by 2025
Flexible labor measures
Target 2-4% EBIT
margin in 2024
Automotive
Strong order intake in
H1 2023
■ High backlog with very
good margins
☐ Solid project pipeline but
some delays and
stronger competition in
H2 2023
Continue value before
volume strategy
M&A
Automation powerhouse
- BBS Automation adds
critical size to reach
€ 500m sales run rate in
production automation
Ingecal adds process of
calendaring to battery
portfolio - important
ingredient to develop dry
coating process
Review of business
portfolio with the goal to
reduce complexity
Finance
DÜRR GROUP.
€
■ Syndicated loan adapted
to increased business
volume
Cash credit line up from
€ 500m to € 750m
Guarantee line up from
€ 250m to € 500m
■ Maturity extended until
2028 with option to
extend by 2 more years
Focus on improving margins and resilience - developing business portfolio towards growth and profitability
www.durr-group.com
© Dürr AG, CCI, Investor Relations Presentation, May 2024
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