€200,000, cars and machinery for craftsmen: Extensive aid package for the flooded areas
Bietigheim-Bissingen/Schopfloch, August 6 - The Dürr Group supports people in the German flood areas with a donation of €200,000. The Group subsidiary HOMAG simultaneously provides affected customers with unbureaucratic immediate assistance: Carpenters and woodworkers whose workshops were destroyed receive loan machinery and discounts from HOMAG. In addition, Dürr donates cars to the German Federal Agency for Technical Relief.
The Dürr Group and the HOMAG Group works council each contributed €100,000 to the cash donation of €200,000. The funds donated by the HOMAG works council come from the so-called social budget of the world market leader for woodworking machinery. Each year, the company pays money into this fund that normally benefits the employees in the form of health and sports offerings, for instance. In view of the scale of the flood disaster, the HOMAG Group works council decided to donate €100,000 from the social budget administered by it. Carmen Hettich-Günter, Chairwoman of the HOMAG Group works council, said in Schopfloch: “Solidarity with the people who have lost so much is top priority right now. And we know that we have the full backing of the workforce. The employees have earned the donated money and are happy to pass it on to those who need help.” Among other things, the donation will support a holiday camp for children and youngsters from the regions impacted by the flooding.
HOMAG also responded swiftly to the plight of customers whose operations were flooded. The company lends out machinery, gives generous discounts to those affected and carries out free inspections and servicing. This enables craftsmen to produce again quickly and secure jobs. Ralf W. Dieter, CEO of Dürr AG and HOMAG Group AG: “There are close relationships in place between HOMAG and numerous customers. It goes without saying that we help distressed customers without any undue red tape.”
Dürr in Bietigheim-Bissingen is also supporting the relief efforts. Not only did the machinery and plant manufacturer donate cash; it also handed over two cars from its fleet to the local chapter of the German Federal Agency for Technical Relief (THW). THW Bietigheim-Bissingen has been on several missions in the flooded areas since mid-July.
Disclaimer:
This publication has been prepared independently by Dürr AG/Dürr group. It may contain statements which address such key issues as strategy, future financial results, events, competitive positions and product developments. Such forward-looking statements are subject to a number of risks, uncertainties and other factors, including, but not limited to those described in disclosures of Dürr AG, in particular in the chapter “Risks” in the annual report of Dürr AG. Should one or more of these risks, uncertainties and other factors materialize, or should underlying expectations not occur or assumptions prove incorrect, actual results, performances or achievements of the Dürr group may vary materially from those described in the relevant forward-looking statements. These statements may be identified by words such as “expect,” “want,” “anticipate,” “intend,” “plan,” “believe,” “seek,” “estimate,” “will,” “project” or words of similar meaning. Dürr AG neither intends, nor assumes any obligation, to update or revise its forward-looking statements regularly in light of developments which differ from those anticipated. Stated competitive positions are based on management estimates supported by information provided by specialized external agencies.
Our financial reports, presentations, press releases and ad-hoc releases may include alternative financial metrics. These metrics are not defined in the IFRS (International Financial Reporting Standards). Net assets, financial position and results of operations of the Dürr group should not be assessed solely on the basis of these alternative financial metrics. Under no circumstances do they replace the performance indicators presented in the consolidated financial statements and calculated in accordance with the IFRS. The calculation of alternative financial metrics may vary from company to company despite the use of the same terminology. Further information regarding the alternative financial metrics used at Dürr AG can be found in our financial glossary on the web page (Technology + Financial Glossary - Dürr (durr-group.com)).