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Investment in Dräger - Investment in Dräger

Investment in Dräger

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Welcome to Investor Relations

Welcome to the Investor Relations page for Drägerwerk AG & Co. KGaA. Here you can find more information about our company profile, reasons to invest, our company goals, and our markets.

We stand for Technology for Life

Dräger manufactures medical and safety technology products. By doing so, we protect, support, and save the lives of people in hospitals, fire departments, rescue services, government agencies, mining, and industry around the world. The family-run company was founded in Lübeck, Germany, in 1889. Over the past five generations, Dräger has evolved into a global, publicly traded group. Dräger employs more than 15,000 people worldwide and is currently represented in over 190 countries. In 2021, the company generated net sales of around EUR 3.34 billion. Dräger technology is used all over the world. We operate in around 50 countries with our own sales and service companies directly on location where our customers are. The company’s long-term success is based on the four key strengths of its value-driven corporate culture:

  • customer intimacy,
  • professional employees,
  • continuous innovation, and
  • a commitment to outstanding quality.

Company Profile

Reasons to invest in Dräger

Since the start of the coronavirus pandemic, Dräger has proven how quickly and flexibly it can react to new situations. Even in times of crisis, Dräger meets its responsibility to provide for society and can look back on its best fiscal year ever in 2020.

Drägerwerk shift operations in Lübeck

Flexible—even in times of crisis

Switch to a multiple-shift schedule, ramp-up of production capacities, and development and opening of new production sites after the onset of the coronavirus pandemic.

Quality and innovation

Quality and innovation

The Dräger brand is known worldwide for quality and innovation.

Generations at Dräger


Dräger combines a modern approach to management with the values of a family-run company.

Our milestones history timeline

A global leader

Dräger is a global leader in the fields of medical and safety technology.

Safety and hospital products

Technology for Life

Dräger provides products that protect, support, and save lives.

Global network

Global network

Dräger has formed well-established customer relationships over many years through its global sales and service network.

Company goals

Long-term company goals

We have been devoted to developing and producing “Technology for Life” for over 130 years now—it is a vital part of our corporate identity. Our products protect, support, and save lives. These are our foundations, which we will continue to build on in the future. In order to maintain and further strengthen our market position, in the future we will continue to do everything we can to optimally align the interests of our customers, suppliers, employees, shareholders, banks, and those in our direct vicinity with our own. Our corporate principles are and remain the guiding philosophy for all our actions. They determine a key part of our decision-making: We want to and will remain an independent, self-determined, pioneering, value-creating, and attractive company.

Our four corporate aspirations represent our vision of Dräger in the coming years.

We are first choice for our customers

Across all functions, we have a joint focus on our customers, who have a positive experience at all Dräger touchpoints. Customer satisfaction and loyalty is high.

We have a truly global footprint

Around the world, we offer a high level of service to our customers. We have the right structures and processes to serve our global markets, work with our suppliers, and support our sales channel partners. We encourage our people to bring out their talent wherever they are and in whatever function they operate. Our balanced global resources give us greater flexibility, allow us to respond quicker to opportunities, and make us more resilient. We think globally and act locally.

We are networking across borders as entrepreneurs

We see the big picture, share our knowledge and expertise, support and collaborate with each other, and learn from each other. We are all part of a highly professional and social network working across departmental, legal entity, and country borders. This goes beyond our company and includes customers, suppliers, and sales channel partners. We manage the challenge to be connected. Our entrepreneurial spirit is based on our individual judgment and common sense.

We get things done

We get things done with an entrepreneurial culture in a lean organization. For our customers, we have offerings that no other supplier can match, whether these are innovative products, integrated systems, or custom-built solutions. With our innovations, we are the first to fulfill customer needs. Dräger’s culture empowers our people to make decisions each and every day.

Medium-term company goals

Our medium-term company goals are based on our corporate aspirations and are aligned with financial and non-financial targets. While defining our current goals, we determined the following priorities.

Net sales growth and balanced regional distribution

Our two markets, medical and safety technology, are global growth markets. As a result, we expect these markets to contribute to growth across all regions. We intend to generate stronger growth in the American and Asian markets than in our core market of Europe.

Innovation leadership

Leading technological solutions are essential to convincing our customers and increasing the profitability of our company. We drive innovation on multiple levels to meet this requirement. We will consistently increase the share of net sales generated with new products by shortening innovation cycles and time to market. Intelligent and networked products serve as a basis for new, digital business models that we develop together with and for our customers.

System and data business through varied and digitalized sales channels

We are continuously expanding our range of services and system solutions, including our range of software and data-based products. For our markets, we develop differentiated sales channels and make systematic investments in the digital skills of our sales employees, as well as in our own digital channels.

Strategic goals in markets


As a specialist for acute care, we support hospitals around the world in treating critically ill patients who would not be able to survive without medical technology—and we do so through our products, system solutions, and services.

  • Our mission is “Improving Critical Care.”
  • protective therapies
  • connected medical technology
  • care-centered workstations
  • wide range of services


In the safety division, our portfolio of products and solutions includes stationary and mobile gas detection systems, personal protective equipment, alcohol and drug testing devices, and a varied range of training and services. We are also engaged in project business. For example, we provide fire training systems. In our target markets oil and gas, the chemical industry, mining, and fire services, we position ourselves as a partner for integrated system solutions.

We focus on the following strategic issues in order to develop the safety division’s market position:

  • internationalization of shutdown and rental services
  • overarching safety management
  • data-supported services
  • digital sales channels
  • global key account management
  • increased focus on the market for light respiratory protection

Expectations for fiscal year 2022

Results achieved for fiscal year 2021

Forecast for fiscal year 2022

Current forecast

Net sales (net of currency effects)

-1.8 %

-5.0 to -9.0 %

No longer achievable

EBIT margin

8.2 %

1.0 to 4.0 %1

No longer achievable

Dräger Value Added

EUR 171.8 million

EUR -70 to +25 million

No longer achievable

Other forecast figures:

Gross margin

46.3 %

44.0 to 46.0 %

No longer achievable

R&D costs

EUR 328.6 million

EUR 320 to 335 million


Interest result

EUR -35.0 million

EUR -17 to -23 million


Days Working Capital (DWC)

99.7 days

100 to 105 days


Investment volume2

EUR 130.1 million

EUR 120 to 140 million


Net financial debt

EUR -24.0 million


No longer achievable

1 Based on exchange rates at the start of fiscal year 2022

2 Excluding acquisitions and the capitalization of right-of-use assets pursuant to IFRS 16

Our markets


As a specialist for acute care, our aim is to optimize critical care. Because our focus is on the satisfaction of hospital staff and the well-being of patients in addition to improving clinical results and optimizing treatment costs, Dräger has been passionate about developing technologies, products, expertise, and services for critical care that help hospitals achieve their goals for over 130 years.

More on our medical business


Dräger Safety offers a wide range of safety products such as mobile and fixed gas detection devices, as well as personal protective equipment. A global sales network and more than 130 years of experience underpin Dräger’s outstanding reputation in the field of safety technology. For small-scale enterprises and major corporations alike, Dräger has the ideal solution for every situation and helps protect employees, equipment, and systems.

More on our safety business

Related topics

Dräger share

Dräger share

This page provides information on our shareholder structure, share charts, share indicators, dividends, analyst recommendations, participation certificates, and the employee share program.

Finanzkalender und Publikationen

Financial calendar and publications

Here you will find current financial results and reports, as well as ad hoc announcements, capital market information and other financial publications.

Corporate Governance – Lübeck Malerwinkel

Corporate Governance

Here you will find the declaration of compliance, notifications of proprietary transactions, and the articles of association of Drägerwerk AG & Co. KGaA.

Contact Dräger


Drägerwerk AG & Co. KGaA

Moislinger Allee 53–55
23558 Lübeck

+49 451 882 0

There for you 24/7.