Drägerwerk AG & Co. KGaA: Dräger delivers ventilators and light breathing protection to German government

Drägerwerk AG & Co. KGaA / Key word(s): Incoming Orders
Drägerwerk AG & Co. KGaA: Dräger delivers ventilators and light breathing protection to German government

13-March-2020 / 15:49 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

Ad-hoc notification in accordance with Sec. 17 of the MAR

Drägerwerk AG & Co. KGaA: Dräger delivers ventilators and light breathing protection to German government

Dräger received an order for 10,000 ventilators from the German government. The delivery of the order will stretch across the entire year and requires a substantial increase of the production capacity in Lübeck. In addition, Dräger will deliver personal protection equipment for hospital staff to the German government. Both will help to assure the functionality of the health care system in the case of a further spreading of the Corona virus. The orders will have a positive effect on Dräger's economic situation and earnings. Currently, the magnitude of the effect on the company after considering all associated costs and risks cannot yet be safely assessed.

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

Investor Relations:
Thomas Fischler
Tel. +49 451 882-2685
thomas.fischler@draeger.com

Corporate Communications:
Melanie Kamann
Tel. +49 451 882-3998
melanie.kamann@draeger.com

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 / Definitions of financial indicators at www.draeger.com for information on alternative performance measures used.

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