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Dürr Group To Cut Around 500 Jobs; Updates FY Outlook

By RTTNews Staff Writer   ✉   | Published:   | Follow Us On Google News

The Dürr Group plans to streamline its administrative operations. As part of this initiative, the company will set aside between 40 million euros and 50 million euros in the second half of 2025. The restructuring involves cutting around 500 jobs, with the goal of saving approximately 50 million euros annually. These savings are expected to be fully realized starting in 2027. This adjustment is part of a broader effort to simplify the Group's overall structure, which also includes plans to divest its environmental technology business.

In the figures for the second quarter, Dürr said it will recognize a goodwill impairment in the range of 110 million euros to 130 million euros. As a result, earnings after tax and EBIT after extraordinary effects will be negative in the quarter. The impairment relates to the Production Automation Systems business unit within the Industrial Automation division. It reflects the business unit's subdued business with the automotive industry as a result of macroeconomic uncertainties and the faltering development of electromobility.

Preliminary sales reached 1.001 billion euros in the second quarter and 2.008 billion euros in the first half of the year.

The company said it adjusted its annual forecast for order intake. The forecast for sales, EBIT margin before extraordinary effects, and earnings after tax, however, is confirmed. The figures relate to the continued operations, excluding environmental technology.

The annual order intake target has been revised downward. The company now expects to receive between 3.800 billion euros and 4.100 billion euros in orders for the year, compared to the previous forecast range of 4.300 billion euros to 4.700 billion euros.

The company confirmed the sales forecast for 2025 of 4.200 billion euros to 4.600 billion euros; however, the lower end of the target range is anticipated.

The company also confirmed annual forecast for earnings after tax of 120 million euros to 170 million euros.

Due to the agreed sale of environmental technology, Dürr AG said it no longer publishes forecasts that include the divested business. The interim report for the first half of the year will be published on August 7, 2025.

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