The proposed dividend of € 1.45 per share is equivalent to a total payout of € 50.2 million – higher than ever before at Dürr. On the basis of the 2013 net income (€ 140.9 million), the payout ratio is 36 %, up from 35 % in the previous year. Ralf W. Dieter, CEO of Dürr AG: “2013 was an extremely successful year. We want our shareholders to benefit from this, not only through the good share price development but also through an attractive dividend.”
Dürr dividend 2013 to increase from € 1.13 to € 1.45
Dürr is a mechanical and plant engineering group that holds leading positions in the world market in its areas of operation. It generates a good 80% of its sales in business with the automotive industry. It also supplies the aircraft, machinery, chemical, and pharmaceutical industries with innovative production and environmental technology. The Dürr Group operates in the market with four divisions: Paint and Assembly Systems plans and builds paintshops and final assembly systems for the automobile and aircraft industries. Application Technology provides automated paint application, sealing, and glueing with its robot technologies. Machinery and systems from the Measuring and Process Systems division are used for balancing and cleaning and in engine and transmission manufacturing as well as in final vehicle assembly, among other areas. The fourth division, Clean Technology Systems, specializes in processes to improve energy efficiency and exhaust air purification. Dürr has 50 business locations in 24 countries worldwide and approximately 8,200 employees. The Group achieved sales of € 2.4 billion in 2013.