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| Lübeck, July 27, 2001 - The Dräger Group, a leading manufacturer in medical, safety and aerospace equipment based in Lübeck, Germany, is confident that it will achieve the sales and earnings budgeted for fiscal 2001. As just communicated by Drägerwerk AG, the Dräger Group's total sales were stepped up in the first 6 months of 2001 by 12.8 percent to DM 1.065 billion (up from the year-earlier DM 944.7 million).
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| With a growth rate of 11.7 percent, the Dräger Group's order intake, too, showed an encouraging upswing by mid-2001. After two quarters, the Dräger Medical and Dräger Safety subgroups both recorded an increase by 10+ percent each in sales and order inflow in comparison with the first half of 2000. Therefore, growth for the entire year is also expected to range between 7 and 10 percent. In both subgroups, non-German business expanded above average.
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| Group earnings for the first 6-month period of 2001 improved significantly over the year-earlier level, indicating that Dräger will be able to return to profitability for all of 2001.
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| Further highlights of the Dräger Group's business trends until end-June 2001 |
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- Costs developing as budgeted within both the Dräger Group and the Dräger Medical and Safety subgroups.
- Dräger Safety's worldwide operating result for the first half of 2001 already exceeding 50 percent of the annual budget.
- Restructuring programs of Dräger Medical and ProTech (parts and components) beginning to take effect.
- Capital employed scaled down, especially within Dräger Medical.
- Group headcount of 9,733 as of June 30, 2001, level with that at December 31, 2000, downsized human resources of German companies, particularly Dräger Medical and ProTech, contrasting with workforce growth abroad.
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(c) Drägerwerk AG & Co. KGaA, 2007 |
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