Dear Sir or Madam,

An eventful year marked by a certain degree of economic uncertainty is drawing to a close. The automotive markets in Brazil and Russia have developed less strongly than expected.

In the summer a downturn also hit China, where the situation has since improved significantly. In Europe and North America, on the other hand, sales figures have continued to rise.

The forecast for 2016 is positive: experts anticipate stronger growth worldwide. Low energy prices and interest rates as well as increasing consumer spending provide a favorable environment.

We at Dürr are optimistic about the new year – even though the challenges are not getting any easier. We look forward to many exciting projects with you, our customers. And we will make every effort to remain a competent and reliable partner for you.

I would like to take this opportunity to tell you about our Open House next fall, where we will once again showcase many efficient innovations in painting technology at our Bietigheim-Bissingen headquarters.

We wish you and your families a peaceful and successful New Year!

Best wishes

Ralf W. Dieter
CEO of Dürr AG