Q1 2025 Duerr AG Earnings Call Transcript

May 13, 2025 / 12:00 PM GMT

Key Points

Positve
  • Duerr AG (DUERF) had a solid start in 2025 with a robust order intake of €1.1 billion, in line with expectations.
  • Net income improved by 40% to €17 million due to lower extraordinary effects and better interest results.
  • Free cash flow was slightly positive, showcasing effective working capital management.
  • The automotive division saw an 8% growth in sales revenues, driven by higher equipment sales.
  • The woodworking division improved its margin before extraordinaries by almost 100 basis points due to cost savings and a higher service share.
Negative
  • Order intake declined by 21% due to a strong base effect from a large partnership project in the previous year.
  • Sales revenues were stable but impacted by a negative effect from the deconsolidation of €15 million.
  • The industrial automation division faced weak orders for battery production equipment due to investment delays and competition.
  • Higher R&D expenses for the lithium-ion battery business negatively impacted margins.
  • There are uncertainties regarding the impact of current trade and tariff discussions on the overall economic environment.


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E D I T E D V E R S I O N

DUEG.DE - Duerr AG
Q1 2025 Duerr AG Earnings Call
May 13, 2025 / 12:00PM GMT

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Presentation
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Unidentified_1 [1]
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Good afternoon and welcome to the conference call for the first quarter of 2025.

I will now hand over to Andreas Charlo, head of investor relations of the AG.

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Unidentified_2 [2]
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Thank you very much.

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Unidentified_3 [3]
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Ladies and gentlemen, good afternoon and good morning to those of you in the US. Welcome everybody to our Q1earlings conference call. With me on the call today are our
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