BIETIGHEIM-BISSINGEN (dpa-AFX) - The manufacturer of painting systems and woodworking machinery Dürr $DUE (+0.12%) expects fewer orders for the current year than previously after a rather meagre order intake in the second quarter. According to the company, this is due to considerable investment uncertainty on the part of customers as a result of the customs conflicts.
Dürr now anticipates incoming orders of between 3.8 and 4.1 billion euros for this year. Previously, the company had forecast between 4.3 and 4.7 billion euros. In terms of sales, the company confirmed its previous target range of EUR 4.2 to 4.6 billion, but only expects the lower end of this range.
