DGAP-Adhoc

Drägerwerk AG & Co. KGaA: One-off effects impact result. Dräger revises 2015 annual forecast. Efficiency program intensified. - Seite 2

percent (9 months 2014: 46.5 percent).

Functional costs rose by 12.4 percent in the first nine months of 2015
compared to the same period in the prior year, equating to a rise of 7.4
percent net of currency effects.

The recent significant devaluation of some emerging economies' currencies
also had a negative impact on the result.

New full-year forecast for 2015:
Based on business development so far, net sales growth net of currency
effects is expected to be between 1.0 percent and 3.0 percent (previously:
2.0 percent to 5.0 percent net of currency effects). The gross margin will
not match the previous year's level. Dräger expects its full-year EBIT
margin to stand at between 2.5 and 4.5 percent (previously 5.0 to 7.0
percent) and does not anticipate any significant changes in relevant
exchange rates in this context. In addition, this forecast does not include
any potential restructuring expenses that may arise within the scope of the
"Fit for Growth" efficiency program.

Dräger reviews medium-term forecast and intensifies efficiency program:
As a result of the disappointing business development Dräger is
intensifying its "Fit for Growth" efficiency program to achieve the
medium-term goals in terms of cutting administration and sales costs. The
company expects an ongoing weak development in several growth markets
outside of Europe that are important to Dräger and is therefore reviewing
the medium-term forecast. Any potential adjustment of the forecast, as well
as details on new efficiency measures, will be published together with the
final business figures for the full-year 2015 at the latest. The final
results for the first nine months of fiscal year 2015 will be published on
November 5, 2015.

Drägerwerk AG & Co. KGaA
Moislinger Allee 53-55
23558 Lübeck, Germany
www.draeger.com

Investor Relations:
Thomas Fischler
Tel. [phone]
[e-mail]

Corporate Communications:
Melanie Kamann
Tel. [phone]
[e-mail]

Disclaimer
This ad hoc report contains statements on the future development of Dräger
Group. These forward-looking statements are based on the current
expectations, presumptions, and forecasts of the Executive Board as well as
the information available to date. They were compiled to the best of the
company's knowledge. Dräger does not provide any warranty nor assume any
responsibility for the future developments and results described above.
These are dependent on a number of factors. They entail various risks and
contingencies outside of the company's influence and are based on
assumptions which could prove to be incorrect. Dräger does not assume any
responsibility for updating the forward-looking statements contained in
this report. This does not infringe any legal stipulations on the
adjustment of forecasts. Please go to Investor Relations / Financial
Calendar at www.draeger.com for information on all important financial
dates.


13.10.2015 The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de

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Language: English
Company: Drägerwerk AG & Co. KGaA
Moislinger Allee 53-55
23542 Lübeck
Germany
Phone: [phone]
Fax: [phone]
E-mail: [e-mail]
Internet: www.draeger.com
ISIN: DE0005550602, DE 000 555 063 6, DE 000 555 065 1, DE 000 555
067 7, DE 000 555 071 9
WKN: 555060, 555063 Vorzüge, 555065 Genussschein A, 555067 Genussschein K, 555071 Genussschein D
Indices: TecDAX
Listed: Regulated Market in Berlin, Dusseldorf, Frankfurt (Prime
Standard), Hamburg, Hanover, Munich; Regulated Unofficial
Market in Stuttgart

End of Announcement DGAP News-Service

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