Edition:
United States

Draegerwerk AG & Co KGaA (DRWG_p.DE)

DRWG_p.DE on Xetra

71.82EUR
15 Dec 2017
Change (% chg)

€1.60 (+2.28%)
Prev Close
€70.22
Open
€70.27
Day's High
€71.82
Day's Low
€69.95
Volume
36,520
Avg. Vol
38,254
52-wk High
€107.00
52-wk Low
€69.11

Latest Key Developments (Source: Significant Developments)

Draegerwerk sees lower 2018-19 Ebit margin, 5-7 pct in 2017
Friday, 10 Nov 2017 12:50pm EST 

Nov 10 (Reuters) - Draegerwerk AG & Co KGaA :Says ‍Draeger increases investments to support mid-term growth​.Says ‍in 2017, net sales are set to grow by 0 to 3 percent (net of currency effects), with an Ebit margin between 5 and 7 percent​.Says ‍for 2018, company expects to see stronger net sales growth (net of currency effects) of 2 to 5 percent​.Says ‍to make this growth possible, company is focusing on continued strict cost management​.Says ‍anticipates an Ebit margin between 4 and 6 percent in 2018 and probably also in 2019​.  Full Article

Draegerwerk keeps outlook after Q3 results
Thursday, 2 Nov 2017 02:36am EDT 

Nov 2 (Reuters) - Draegerwerk Ag & Co Kgaa :Says q3 order intake 626.3 million eur‍​.Says q3 sales 621 million eur.Says q3 ebit 24.4 million.Says q3 profit after tax 16.2 million.Says still expects currency-adjusted sales growth of 0-3 percent, ebit margin of 5-7 percent.  Full Article

Drägerwerk announces share buyback for employee participation program
Wednesday, 20 Sep 2017 10:48am EDT 

Sept 20 (Reuters) - DRAEGERWERK AG & CO KGAA :DGAP-ADHOC: DRÄGERWERK AG & CO. KGAA: SHARE BUYBACK FOR THE EMPLOYEE PARTICIPATION PROGRAM.‍RESOLVED TO ACQUIRE UP TO 552,000 OF ITS OWN PREFERRED SHARES IN ORDER TO IMPLEMENT EMPLOYEE PARTICIPATION PROGRAM​.BUYBACK WILL BE PERFORMED BY MANDATED BANK WITHIN PERIOD NOVEMBER 7 TO NOVEMBER 22.  Full Article

Ascom Holding and Dräger announce partnership
Thursday, 10 Aug 2017 01:06am EDT 

Aug 10 (Reuters) - ASCOM HOLDING AG ::‍ASCOM AND DRÄGER ANNOUNCE PARTNERSHIP TO DELIVER CLINICAL ALARM MANAGEMENT SOLUTIONS TO HEALTHCARE PROVIDERS​.  Full Article

Draegerwerk Q2 EBIT down 20 pct at 17 million euros
Thursday, 13 Jul 2017 08:45am EDT 

July 13 (Reuters) - DRAEGERWERK AG & CO KGAA ::Q2 EBIT STOOD AT ABOUT EUR 17 MILLION, APPROXIMATELY 20% BELOW LEVEL OF PRIOR-YEAR QUARTER.‍Q2 NET SALES INCREASED NET OF CURRENCY EFFECTS BY 1.0 PERCENT (NOMINALLY 0.3 PERCENT) TO EUR 581 MILLION​.FOR FY CONTINUES TO EXPECT NET SALES GROWTH OF BETWEEN 0.0 AND 3.0 PERCENT (NET OF CURRENCY EFFECTS) AND EBIT MARGIN OF BETWEEN 5.0 AND 7.0 PERCENT.  Full Article

Draegerwerk Q1 EBIT at about EUR 2 mln; FY outlook unchanged
Wednesday, 12 Apr 2017 12:08pm EDT 

Draegerwerk AG & Co KGaA : Closes the first quarter with a considerable improvement in earnings . Says order intake in Q1 rose by roughly 5.4 percent net of currency effects . Says net sales declined by roughly 1.1 percent net of currency effects . Says gross profit margin stood at approximately 45 percent . Says EBIT for Q1 amounted to roughly 2 million euros ($2.12 million) .Says outlook for fiscal year 2017 remains unchanged.  Full Article

Draegerwerk prelim. FY 2016 net sales down 3.3 pct at 2.52 billion euros
Friday, 13 Jan 2017 09:31am EST 

Draegerwerk AG & Co KGaA : FY 2016 net sales declined by roughly 3.3 percent (net of currency effects: -1.5 percent) to approximately 2.52 billion euros ($2.68 billion) (2015: 2.61 billion euros) .For 2016 order intake rose by 0.4 percent (net of currency effects: 2.2 percent).  Full Article

Draegerwerk Q2 net sales declined net of currency effects by 6.3 pct to 579 mln euros
Thursday, 14 Jul 2016 03:12pm EDT 

Draegerwerk Ag & Co Kgaa : H1 EBIT margin fell from 1.9 percent in the prior-year period to 0.5 percent . Q2 net sales declined net of currency effects by 6.3 percent (nominally -8.7 percent) to EUR 579.0 million .Q2 EBIT stood at EUR 21.2 million, on par with the prior-year quarter.  Full Article

Draegerwerk AG & Co KGaA comments on FY 2016 outlook
Thursday, 14 Apr 2016 03:39pm EDT 

Draegerwerk AG & Co KGaA:Continues to expect full-year net sales growth of between 0.0 and 3.0 percent (net of currency effects) along with an EBIT margin of between 3.5 and 5.5 percent.For FY 2016 expects a lower full-year gross margin compared to 2015.On the other hand functional costs are expected to fall due to the positive effects of the efficiency program.  Full Article

Draegerwerk AG & Co KGaA comments on FY 2016 outlook
Tuesday, 8 Mar 2016 07:00pm EST 

Draegerwerk AG & Co KGaA:Says FY 2016 EBIT to be hit by additional 10 million euros in restructuring costs.Targeting forex-adjusted sales growth of up to 3 percent in FY 2016.In Luebeck, Dräger plans to reduce the number of employees by a total of 200 by the end of fiscal year 2016.  Full Article