Dürr

DE0005565204

Dürr AG is a global mechanical and plant engineering firm. The company, founded by Paul Dürr (1871-1936) as a metal shop for roof flashing in Bad Cannstatt in 1895, has been listed on the Frankfurt Stock Exchange since 4 January 1990. Meanwhile, the shares are listed in the MDAX and Stoxx 600. The customers of Dürr AG include almost all familiar automobile manufacturers and their suppliers. Other market segments include, for example, the mechanical engineering, chemical and pharmaceutical industries and – since the takeover of HOMAG Group AG in October 2014 – the woodworking industry. The company is registered in Stuttgart, but its actual location (mailing address) has been in Bietigheim-Bissingen since 1 August 2009 after the relocation of various business units.

Dürr has been a target of short sellers for a while. The current short interest of 0.70% is roughly at the average of the last 12 months (0.51%).

History