Duerr AG reported a 13% increase in group order intake for the second quarter, driven by year-over-year growth in the Automotive division. The operating EBIT margin improved slightly despite a slight sales drop, supported by a favorable business mix and cost-cutting measures. The Automotive division's order intake exceeded EUR0.5 billion in Q2, clearly beating last year's figure and the first quarter, while sales accelerated as customer-induced delays in large project execution mostly vanished. The company expects unplanned extraordinary effects of EUR140 million to EUR150 million in 2026, including a goodwill impairment of EUR90 million to EUR100 million and restructuring expenses of EUR40 million to EUR50 million, mainly related to the BBS Automation business, where sales are expected to be under EUR400 million this year and next. The Vector efficiency program is expected to generate recurring cost savings of around EUR30 million, with nearly full benefits by 2027, and Duerr confirmed all group guidance KPIs for 2026.
Dürr AktiengesellschaftOrder intake surged 13% in Q2, driven by Automotive division growth, indicating strong demand.
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