Brief: Duerr Group Reviews Strategic Options For The Environmental Technology Business

Duerr AG

04/06/2024 11:50

June 4 (Reuters) - DUERR AG  DUEG.DE :
    * DÜRR GROUP REVIEWS STRATEGIC OPTIONS FOR THE ENVIRONMENTAL
TECHNOLOGY BUSINESS AND COMBINES PAINTING AND FINAL ASSEMBLY
TECHNOLOGY IN THE NEW AUTOMOTIVE DIVISION
    * OPTIONS INCLUDING A SALE
    * NO STRATEGIC OPTIONS ARE BEING REVIEWED FOR BATTERY
PRODUCTION
TECHNOLOGY BUSINESS ALLOCATED TO CTS
    * CONFIRMS TARGETS FOR CURRENT FISCAL YEAR AND MID-CYCLE
TARGETS
    * COMBINED ACTIVITIES WILL BE MANAGED UNDER NEW DIVISION
FROM
BEGINNING OF 2025

Source text for Eikon:  ID:nEQ8N5Vs4a 
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