World Market Leader:
The Dürr Group is world market leader in about 95% of its product portfolio. Market entry barriers are high. Market shares range between 20 and 50%.
The service business has above-average margins and makes a particularly significant contribution to customer loyalty. We are aiming to achieve a service share in Group sales of up to 30%. To that end, we align our → service activities with the entire lifecycle of our machines and systems, benefitting from an increasing number of installed machines and systems.
Very good geographic positioning: About 40 to 50% of the business volume comes from emerging markets. Round 30% of the employees operate in these markets. No competitor has a similar market standing in these growing regions.
Organic sales growth is expected to reach an average of 2% to 3%. In addition, over the long term, further acquisitions are expected to contribute to the expansion. The largest company acquisitions in recent years include the HOMAG Group in 2014 and Megtec/Universal in 2018. With acquisitions and cooperations like these, we have secured promising technologies and are investing in new markets. In 2021, the majority stake in Teamtechnik underlines our → strategy. The company, which specializes in automation, offers opportunities not only in our traditional business segments, but also in the production and testing of batteries, electric motors and medical technology. With the Hekuma acquisition in July 2021, we have further expanded the Medtech business.
We address the necessary reduction of costs per unit with its technologies - be it by lower energy and material consumption or by enhanced environmental compatibility.
Industry 4.0 / digital@DÜRR:
The Dürr Group, as a plant and mechanical engineering specialist, wants to retain its position at the market vanguard in the digital era. We are driving forward the digitalization of our products, services and processes under → digital@DÜRR.
The EBIT margin is expected to rise gradually to at least 8%. We consider this level to be appropriate due to the increased share of mechanical engineering in our portfolio.
We are aiming for a ROCE of at least 25%, based on high EBIT contributions in mechanical engineering and low capital employed in plant construction.
Our economic activities are consistent with ecological and social concerns as well as responsible corporate governance. With our products, we enable resource-saving manufacturing processes.
Down to Earth:
In 2021, the Dürr Group will celebrate its → 125th anniversary. The company has developed from a workshop into a global corporation. At the same time, we have remained a medium-sized company in the best sense of the word: Our employees have a sense of reliability and quality, they react quickly to changes and take decisive action. Just as customers would expect from a medium-sized company. The hierarchies are flat, the paths short – and everyone pitches in. Even today, the founding Dürr family still holds more than 25% of the company.