Key figures Dürr Group (IFRS)

Incoming orders 2018: € 3,931 m

* Asia (ex Japan), Mexico, Brazil, Eastern Europe

Incoming orders 2018: € 3,931 m

IFRS 16 implications

  • IFRS 16 (Leases), first-time application in 2019: The impact of the new standard is visible in the consolidated statement of financial position, in the consolidated statement of income and in the cash flow statement. Total balance sheet increased by € 88 m due to the integration of operating leases. Equity declined by € 7 m and financial liabilities increased by € 99 m. IFRS 16 caused a charge of € 1.4 m within the financial result in H1 2019, whereas EBIT improved by a similar amount. There was a positive effect on EBITDA and cash flow of around € 14 m in H1 2019; free cash flow was not affected.

Disclaimer

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 webpage.

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