11 okt: Mermaid Technology - Positiv ordreindgang, opjustering og organis..
14 okt: 7 Cool Fund
13-10-2010 10:20:05

Ad hoc reports in accordance with section 15 of the German Securities Trading Act (WpHG) - Dräger raises 2010 guidance

Drägerwerk AG & Co. KGaA /

Ad hoc reports in accordance with section 15 of the German Securities Trading

Act (WpHG) - Dräger raises 2010 guidance

Processed and transmitted by Thomson Reuters.

The issuer is solely responsible for the content of this announcement.

For fiscal year 2010, Dräger is expecting an increase in net sales in the range of 10 percent (net sales 2009: EUR 1,911 billion). Net of currency effects, growth would then be in the mid single-digit range. After the company increased the forecast for the EBIT margin in June 2010 from originally 5 to 6 percent up to 7 to 8 percent, Dräger is now expecting an EBIT margin of 8 to 9 percent. As the cash settled option was replaced by an equity settled option on August 30, 2010, the impact from the Siemens cash option component has now been determined at EUR 11.8 million and is now included in this new guidance. The option component will not impact earnings in the future.

 

Now increased expectations for net sales and earnings are attributable to unexpectedly strong order intake, the unchanged positive development in the Americas and Asia-Pacific as well as favorable currency effects. The continuingly large share of high-margin equipment business in the medical division is a main contributor to higher profitability. The turnaround program is also having a highly positive effect and according to current estimates will contribute at least EUR 100 million to net earnings in 2010 against 2008. Originally the plan was to achieve a positive earnings effect of around EUR 70 million net in the current fiscal year and about EUR 100 million from 2011 on.

 

For 2011, Dräger intends to invest more into R&D, to implement projects more quickly and in particular to improve the marketing and sales organization. The company also assumes that one-time effects from the fiscal year 2010 will not recur. These include high levels of orders on hand from the previous year, strong order intake from large-scale projects, the sale of a deep-sea diving system for which an impairment charge was recorded for the full amount in 2009, the sale of software rights as well as the exceptionally advantageous product mix. External factors such as exchange rates are probably not going to benefit business in 2011 to the same degree. For 2011, Dräger is therefore not expecting to exceed the EBIT margin of the fiscal year 2010 amid slightly higher net sales. In the medium-term, the company is planning to grow stronger than the market and to achieve a sustained EBIT margin of at least 10 percent.

 

 

Drägerwerk AG & Co. KGaA

Moislinger Allee 53-55

23558 Lübeck, Deutschland

www.draeger.com

 

Investor Relations:

Vanina Herbst

Tel. +49 451 882-2685

vanina.herbst@draeger.com

 

Corporate Communications:

Burkard Dillig

Tel. +49 451 882-2185

burkard.dillig@draeger.com

 

 

Disclaimer

This ad-hoc release contains forward-looking statements regarding the future development of the Dräger Group. These forward-looking statements are based on the current expectations, presumptions, and forecasts of the Executive Board as well as the information available to it to date and have been prepared to the best of its knowledge and belief. No guarantee or liability for the occurrence of the future developments and results specified can be assumed in respect of such forward-looking statements. Rather, the future developments and results are dependent on a number of factors. They entail risks and uncertainties beyond the Company's control and are based on assumptions which could prove to be incorrect. Notwithstanding any legal requirements to adjust forecasts, we assume no obligation to update the forward-looking statements contained in this report. You will find all other financial dates on our website at www.draeger.com under Investor Center/Financial Calendar.

HUG#1451547

Press release (PDF)

--- End of Message ---

Drägerwerk AG & Co. KGaA

Moislinger Allee 53-55 Lübeck Germany

Listed: Freiverkehr in Börse Stuttgart,

Prime Standard in Frankfurter Wertpapierbörse,

Regulierter Markt in Frankfurter Wertpapierbörse,

Regulierter Markt in Bayerische Börse München,

Regulierter Markt in Börse Berlin,

Regulierter Markt in Hanseatische Wertpapierbörse zu Hamburg,

Regulierter Markt in Börse Düsseldorf,

Regulierter Markt in Niedersächsische Börse zu Hannover;

This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients.

The owner of this announcement warrants that:

(i) the releases contained herein are protected by copyright and other applicable laws; and

(ii) they are solely responsible for the content, accuracy and originality of the

information contained therein.

Source: Drägerwerk AG & Co. KGaA via Thomson Reuters ONE

Opret kommentar

Relateret debat

  • 1 uge
  • 1 måned
  • 1 År
20 apr
PNDORA
  Jeg har flere gange analyseret Pandora, senest den 23. marts efter årsregnskabet. Den seneste tid ..
39
21 apr
PNDORA
Du er dødbringende for EI, Goodwrench. Man gider snart ikke læse med mere, når du forurener/destruer..
30
25 apr
PNDORA
Her er de aktier der har min opmærksomhed... Bemærk en gang iskoldt overblik og common sense er i sp..
28
24 apr
BAVA
  Tirsdag 25/4 generalforsamling Torsdag den 4/5 Q1 regnskab   Vi har den 1/5 om fire børsdage, ge..
18
20 apr
 
EU skal tilbage til en handels afale landene imellem, glem alt omfaelles regering,faelles valuta og ..
18
23 apr
PNDORA
  Det meste tyder i mine øjne på, at Pandora showet fortsætter næste uge med nye fald.       Jeg ove..
17
22 apr
 
Manden kommer med noget helt reelt, som kan diskuteres. I stedet bliver der svaret på sædvanlig EI ..
17
25 apr
 
Den stenrige Baron lå for døden. Men han nåede at få solgt alle sine aktier og lavede en aftale med ..
16
21 apr
PNDORA
Jeg har netop fået email fra ABG om at Maverick har trukket følehornene til sig. Short-præsentatione..
16
23 apr
OMXC25
Har i bemærket, at de skribenter, der skriver de værste svinere, har fået flest grønne tommelfingre?..
15

Nets-aktien har sat kurs mod største stigning i år

26-04-2017 15:50:39
Nets-aktien er onsdag sprunget i plus for året og ligger til at lukke med den største kursstigning siden nytår. Fremgangen falder sammen med en dugfrisk analyse fra den amerikanske storbank Citi, der ifølge Bloomberg News nævner muligheden for, at Nets kan være en interessant opkøbsmulighed for franske Worldline.Aktien i Nets ligger ved 15.40-tiden 3,3 pct. højere i 125,10 kr. Siden nytår er Nets ..

Shipping: Baltic Dry-indekset falder 0,6 pct. til 1147 point

26-04-2017 14:05:11
Tørlastindekset Baltic Dry falder onsdag for syvende børsdag på stribe - denne gang med 0,6 pct. til 1147 point. Det fremgår af data fra Bloomberg News.Baltic Dry-indekset udarbejdes af London-baserede Baltic Exchange og dækker priserne for at få fragtet last som kul, korn og jernmalm. Indekset er baseret på en daglig rundspørge til mæglere over hele verden.Baltic Dry ramte et foreløbigt højdepunk..

Express Scripts lider efter afsked med megakunde - citat

26-04-2017 09:10:44
Express Scripts, der er USA's største indkøber af medicin, er havnet i en krise, efter at selskabet mistede sin største kunde, sundhedsforsikringsselskabet Anthem. Forsikringsselskabet har hidtil bidraget med 17,1 mia. dollar til Express Scripts toplinje (på cirka 100 mia. dollar i 2016, red.).Det skriver the Wall Street Journal.I flere år har Express Scripts været stolte over, at have en simpel f..

Mest læste nyheder

  • 24 timer
  • 48 timer
  • 1 uge
1
Aktier/Danske: Tre vigtige døgn venter aktiemarkederne
2
Aktier/åbning: Novozymes spurter frem og trækker eliteindeks med sig
3
Nets-aktien har sat kurs mod største stigning i år
4
Onsdagens aktier: Rekordernes tid fortsatte med Novozymes i top -KORR
5
Nets udpeges som opkøbsmål for franskmænd - citat

Køb- og salgsanbefalinger

  • Trend
  • Pengemaskinen

Copyright Euroinvestor A/S 2017  Disclaimer Privatlivspolitik
Aktieinformation leveres af Interactive Data.
Data er forsinket 15-20 minutter iht. de enkelte børsers regler om videredistribution.
 
27. april 2017 09:14:27
(UTC+01:00) Brussels, Copenhagen, Madrid, Paris
Version: LiveBranchBuild_20170403.1 - EUROWEB7 - 2017-04-27 09:14:27 - 2017-04-27 09:14:27 - 1 - Website: OKAY

Når du besøger Euroinvestor.dk accepterer du, at der anvendes cookies, som vi og vores samarbejdspartnere benytter til funktionalitet, statistik og markedsføring. Læs mere om cookies på Euroinvestor.dk her

x