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 consistently at least 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.
We have set ourselves the goal of increasing our sales organically by 2%–3% per year from the 2019 level and to generate further growth via → acquisitions. We will be reviewing and, if necessary, revising this goal in the course of 2022. In addition to the delayed baseline effects arising from the coronavirus pandemic, market volumes and sales potential have increased significantly in some business segments since 2019, partly as a result of acquisitions. This particularly applies to the solid wood segment, medical engineering business, which was acquired in 2021, and battery-coating business.
We plan to present the results of this review at a capital market day in autumn 2022. Looking forward, acquisitions will continue to help us to drive forward our expansion.
With our technologies, we enable efficient production processes with a minimized environmental impact.
Industry 4.0 / digital@DÜRR:
The Dürr Group, as a mechanical and plant engineering firm, 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. Our Climate Strategy 2030 is working toward the achievement of the global 1.5-degree target and has been validated by the Science Based Target initiative (SBTi). With our products, we enable resource-saving manufacturing processes.
Down to Earth:
In 2021, the Dürr Group celebrated its → 125th anniversary. The company has developed from a workshop into a global corporation. At the same time, we have preserved the spirit of a typical “Mittelstand” company: 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 ”Mittelstand” 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.