EBIT advanced from € 5.7 million to € 33 million; earnings after tax came to approximately € 6 million after a loss of € 25.7 million in the previous year. Order intake was up 38% to € 1,640 million and is back to the pre-crisis level. The fourth quarter of 2010 was by far the best quarter for years, with incoming orders of € 540 million. Orders on hand reached € 1,360 million at the end of 2010 (+36%). All these figures for 2010 clearly exceed the capital market’s expectations. The Board of Management expects that a dividend payment can be resumed for 2010.
The main drivers for the better-than-expected performance were the continued strong demand in the emerging markets, higher capacity utilization, and much improved earnings contributions from services and machinery business. Dürr will be reporting on the 2010 results and on the outlook for 2011 on February 23, 2011. All figures are preliminary and have not been audited.
