DÜRR AG : Transformation is gaining traction – from auto supplier to sustainability solutions provider
>DUE released new ambitious sales growth target of 5%-6% (CAGR 22-30) - Dürr released new growth targets encompassing sales growth of 5%-6% (CAGR 2022-2030) to >€ 6bn by 2030, which compares to targeted 2%-3% excl. M&A before (CAGR 2018-2021: -3%). Growth is expected to be primarily driven by surging demand in areas like sustainability, e-mobility and automation. Adj. EBIT margin target of >8% from 2024 onwards is confirmed (ODDO BHFe: 5.7%/8.0% in FY 2022-2024e), fue...Duerr is a mechanical and plant engineering group based in Germany. Co. operates through five divisions: Paint and Assembly Systems (production and paint finishing technology for automotive bodyshells and aircraft); Application Technology (products and systems for automated painting applications as well as sealing and glueing technology); Measuring and Process Systems (machines and systems for use in engine, drive construction and final assembly); Clean Technology Systems (plant and equipment for purifying exhaust gases produced by industrial processes and energy efficiency technologies for production processes); and Woodworking Machinery and Systems (machinery for the woodworking industry).
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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