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Press Release

Dürr Systems and HOMAG among Germany’s best companies for vocational training

Bietigheim-Bissingen, November 6, 2018 – The Dürr Group is one of Germany’s best companies for young people looking for a position with the best training. This was revealed by the recent “Best training companies” study carried out by business magazine Capital. Two Dürr Group companies, Dürr Systems and HOMAG, achieved the top mark of five stars for their training offer.

The two companies were awarded the top mark both for their classic vocational training and for the opportunities they offer to cooperative state university students. More than 700 companies took part in the Capital study, which was carried out for the second time. Around 20 % of them were awarded five stars. The assessment was based on five criteria: work-based support and learning, the company’s commitment, the chances of success, and the use of innovative learning methods.

Head of Studies, Ana Fernandez-Mühl, said: “Recruiting talent cannot be taken for granted. Successful companies have understood this and offer high-quality training.” Klaus Achtelik, Head of Human Resources at the Dürr Group echoed this view: “In the age of digitization, it is more important than ever to train young employees well and take a long-term view. This benefits both sides: young people get the best start to working life, while the company can produce their future specialists itself.”

In Germany, the Dürr Group currently has around 400 apprentices and cooperative state university students. A good 70 % of them work for HOMAG, world market leader in woodworking machinery. Every year, around 135 young people start their training at the German sites of the Dürr Group. They can choose between 12 apprenticeship programs and 11 cooperative study courses.

 

The Dürr Group is one of the world's leading mechanical and plant engineering firms with extensive expertise in automation and digitization/Industry 4.0. Products, systems and services offered by the Group enable highly efficient manufacturing processes in different industries. Dürr supplies sectors like the automotive industry, mechanical engineering, chemical, pharmaceutical and woodworking industries. The Group generated sales of € 3.71 billion in 2017. In October 2018, Dürr acquired the industrial environmental technology business of US-based company Babcock & Wilcox, comprising the MEGTEC and Universal brands. Since then, the company has over 16,000 employees and 108 business locations in 32 countries. The Group operates in the market with five divisions:

  • Paint and Final Assembly Systems: Paintshops and final assembly systems for the automotive industry
  • Application Technology: Robot technology for the automated application of paint, sealants and adhesives
  • Clean Technology Systems: air pollution control systems and noise abatement systems
  • Measuring and Process Systems: Balancing as well as assembly, testing and filling technology
  • Woodworking Machinery and Systems: Machinery and equipment for the woodworking industry

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.