BIETIGHEIM-BISSINGEN (dpa-AFX) - Mechanical engineering company Dürr earned significantly more in the second quarter, mainly thanks to good business with the automotive industry. "The second quarter brought the expected acceleration," said Jochen Weyrauch, chairman of the board of management, on Thursday when presenting the half-year figures. He added that the company was continuing on this course, and that in the third and especially in the fourth quarter it would once again significantly increase its sales and earnings. Order intake is also on track and should reach the upper end of the target range of 4.4 to 4.8 billion euros for the full year. The Executive Board confirmed the full-year targets.

In the second quarter, sales increased by almost seven percent year-on-year to 1.12 billion euros, according to the Bietigheim-Bissing, Germany-based company, which is listed on the MDax. However, things went much better for the mechanical engineering company, particularly in its day-to-day business. Operating profit (adjusted Ebit) rose by more than half to 62.6 million euros. In addition to better business, a savings program also contributed to this. Below the line, net income more than doubled to 37.4 million euros./mne/jha/