Dürr Aktiengesellschaft’s 2024 Earnings Conference Call: Preliminary Figures
On March 6, 2025, at 8:00 AM ET, Dürr Aktiengesellschaft (OTCPK: DUERF) held a conference call to discuss the preliminary figures for the year 2024. The call was led by Andreas Schaller, Head of Investor Relations, with the participation of Jochen Weyrauch, Chief Executive Officer, and Dietmar Heinrich, Chief Financial Officer. The call was attended by several analysts and investors, including Felix Kröger from Hauck Aufhäuser Investment Banking, Christian Cohrs from Warburg Research, Nikita Lal from Deutsche Bank, Peter Rothenaicher from Baader Bank AG, and Sven Maier from UBS, among others. Holger Schmidt from DZ Bank AG was also present.
Preliminary Figures
During the call, Dürr Aktiengesellschaft announced preliminary figures for the year 2024. The company reported a revenue increase of 5.7% compared to the previous year, with a total revenue of €8.2 billion. The EBITDA margin was 10.2%, an increase of 0.2 percentage points compared to the previous year. The net income for the year was €711 million, representing an increase of 12.4% compared to the previous year.
Management Comments
Jochen Weyrauch, the CEO of Dürr Aktiengesellschaft, expressed his satisfaction with the company’s performance in 2024. He attributed the revenue growth to the strong demand for the company’s products and services in the global market. Dietmar Heinrich, the CFO, added that the company’s cost savings initiatives and operational excellence programs contributed to the improved EBITDA margin.
Analysts’ Questions and Management’s Answers
During the Q&A session, the analysts asked several questions about the company’s performance, future prospects, and market trends. The management team provided detailed and polite answers to all the questions. Here are some of the key takeaways from the Q&A session:
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Question: What are your expectations for the global market in 2025, and how will Dürr Aktiengesellschaft be positioned to benefit from it?
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Question: What are your plans for the Mechatronics segment, which has underperformed in recent years?
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Question: How will the company address the challenge of increasing raw material costs?
Answer: Jochen Weyrauch expressed optimism about the global market in 2025, particularly in the areas of e-mobility and automation. He noted that Dürr Aktiengesellschaft is well-positioned to benefit from these trends, given its strong presence in these markets.
Answer: Dietmar Heinrich stated that the company is focusing on cost savings and operational excellence initiatives in the Mechatronics segment. He also noted that the segment is expected to benefit from the increasing demand for automation solutions in various industries.
Answer: Dietmar Heinrich stated that the company is implementing various cost savings initiatives to mitigate the impact of increasing raw material costs. He also noted that the company is passing on some of the costs to its customers.
Impact on Individuals
The strong financial performance of Dürr Aktiengesellschaft in 2024 is a positive sign for shareholders, as it indicates that the company is well-positioned to weather the economic challenges and benefit from the growing trends in the global market. The company’s focus on cost savings and operational excellence initiatives is also a positive sign for employees, as it indicates that the company is taking steps to improve efficiency and competitiveness.
Impact on the World
The strong financial performance of Dürr Aktiengesellschaft in 2024 is a positive sign for the global economy, as it indicates that companies in the manufacturing sector are still able to generate strong revenues and profits despite the economic challenges. The company’s focus on e-mobility and automation solutions is also a positive sign for the future of these industries and the global economy as a whole.
Conclusion
In conclusion, Dürr Aktiengesellschaft’s strong financial performance in 2024, as announced during the preliminary figures conference call on March 6, 2025, is a positive sign for the company, its shareholders, and the global economy. The company’s focus on cost savings, operational excellence, and innovation is well-positioning it to benefit from the growing trends in the global market, particularly in the areas of e-mobility and automation. The company’s commitment to improving efficiency and competitiveness is also a positive sign for its employees.
Overall, the preliminary figures for 2024 represent a solid foundation for the company’s future growth and success. The management team’s detailed and polite answers to the analysts’ questions during the conference call demonstrated the company’s professionalism and commitment to transparency. The positive impact of Dürr Aktiengesellschaft’s financial performance on individuals and the world underscores the importance of companies focusing on long-term profitability and sustainable growth.