Durr AG 2020 AR2
The report highlights the Dürr Group's performance during the challenging fiscal year 2020, which was heavily impacted by the COVID-19 pandemic. Despite a 15.2% decline in sales revenues to €3,324.8 million and significant extraordinary expenses for capacity adjustments, the company achieved a positive EBIT of €11.1 million. The Group successfully doubled its free cash flow to €110.7 million and strengthened its liquidity to over €1 billion. Key strategic developments included expanding the solid wood processing business through the acquisition of System TM and increasing its presence in the Chinese woodworking market by fully acquiring Homag China Golden Field.
Company: Durr AG
Sector: Manufacturing
Country: Germany
Year: 2020
Type: AR2
Pages: 238
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Durr AG
Sustainable Transformation Annual Report
The report highlights the Dürr Group's performance during the challenging fiscal year 2020, which was heavily impacted by the COVID-19 pandemic. Despite a 15.2% decline in sales revenues to €3,324.8 million and significant extraordinary expenses for capacity adjustments, the company achieved a positive EBIT of €11.1 million. The Group successfully doubled its free cash flow to €110.7 million and strengthened its liquidity to over €1 billion. Key strategic developments included expanding the solid wood processing business through the acquisition of System TM and increasing its presence in the Chinese woodworking market by fully acquiring Homag China Golden Field.
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Document Details
Report Year
2020
Reporting Period
Jan 1, 2020 - Dec 31, 2020
Fiscal Year
2020
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Water Consumption
Total Waste
Women on Board
Women in Management
Workplace Fatalities
Employees