← Back

Dürr: Dürr's Earnings Report: A Year of Transformation and Growth

Dürr's financial performance in 2025 was marked by significant improvements in operating earnings, with a 19% increase driven by a strong second half, particularly in the HOMAG and Automotive divisions. The company's net profit reached EUR 206 million, benefiting from the good operating performance and a high book profit from the sale of the environmental technology business. Earnings Per Share (EPS) came in at 3.7, significantly beating estimates of -0.26863. The EBIT margin before extraordinaries improved by 100 basis points to 5.6%, exceeding the target corridor of 4.5% to 5.5%. Revenues for the year were not explicitly stated, but the stage is set for growth in 2026, with analysts estimating a 4.7% increase.

DUE.DE

EUR 19.3

-3.98%

A-Score: 4.4/10

Publication date: March 5, 2026

Full Report

Author: Analystock.ai

📋 Highlights
  • Environmental Technology Sale Gain: Dürr recorded a EUR 227 million post-tax book gain from selling the noncore environmental technology business.
  • EBIT Margin Improvement: Operating performance improved by 100 basis points, reaching 5.6% (exceeding the 4.5-5.5% target corridor).
  • Net Profit Boost: Net profit surged to EUR 206 million, driven by strong operating results and the environmental technology sale.
  • Free Cash Flow Exceeds Target: Free cash flow hit EUR 162 million, surpassing the EUR 50 million target due to high prepayments and lower investments.
  • 2026 EBIT Margin Guidance: EBIT margin before extraordinaries targets up to 6.5%, reflecting improved operating efficiency and strategic focus.

Operational Highlights

The company's operational performance was driven by the successful simplification of its group structure and the sale of its non-core environmental technology business. The disposal generated a EUR 227 million post-tax book gain, significantly contributing to the bottom line. Dürr's focus on automation and sustainable production is paying off, with the two largest divisions, Automotive and Woodworking, showing improved earnings resilience despite an adverse environment. As Jochen Weyrauch highlighted, "Dürr has transformed into a leaner group with 3 divisions, focusing on automation and sustainable production."

Valuation Metrics

To understand what's priced into Dürr's stock, we can look at several valuation metrics. The current P/E Ratio stands at 6.93, indicating a relatively low valuation compared to its earnings. The P/B Ratio is 1.31, suggesting the stock is trading slightly above its book value. The EV/EBITDA ratio is 4.29, a reasonable multiple given the company's operational performance. Additionally, the Dividend Yield is 3.48%, and the Free Cash Flow Yield is 20.22%, making it an attractive option for income investors. The ROIC is 8.31%, and ROE is 17.73%, both indicating a good return on capital and equity, respectively.

Outlook and Guidance

Dürr's outlook for 2026 is cautiously optimistic, with expectations of a solid pipeline in Automotive but a challenging year for Industrial Automation and Woodworking. The company guides for an EBIT margin before extraordinaries of up to 6.5% and a free cash flow ranging from EUR 150 million minus to EUR 0 million. The guidance also includes the possibility of declining new orders and sales, as well as a one-time burden of around EUR 10 million at HOMAG for the transition to a new ERP system. Despite these challenges, Dürr is well-positioned for future growth, with a solid balance sheet and ongoing initiatives to improve efficiency and operating excellence.

Dürr's A-Score