Australia markets close in 5 hours 46 minutes

DMG MORI AKTIENGESELLSCHAFT (0OP0.IL)

IOB - IOB Delayed price. Currency in EUR
Add to watchlist
44.40+1.00 (+2.30%)
At close: 01:37PM BST

DMG MORI AKTIENGESELLSCHAFT

Gildemeisterstrasse 60
Bielefeld 33689
Germany
49 52 05 74 0
https://www.dmgmori.com

Sector(s)Industrials
IndustryTools & Accessories
Full-time employees6,916

Key executives

NameTitlePayExercisedYear born
Mr. Bjorn BiermannCFO & Member of Exec. Board1.2MN/A1980
Mr. Michael Horn M.B.A.Member of Exec. board1.2MN/A1972
Mr. Alfred GeirlerCEO & Chairman of the Exec. BoardN/AN/A1958
Dr. Maurice EschweilerChief RepresentativeN/AN/A1975
Mr. Philipp KrienerHead of DesignN/AN/AN/A
Mr. Martin PoschmannDirector of Fin. & TreasuryN/AN/AN/A
Amounts are as of 31 December 2022, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in EUR.

Description

DMG MORI AKTIENGESELLSCHAFT engages in the manufacturing and sale of cutting machine tools in Germany, rest of the Europe, Asia, and internationally. It operates through two segments, Machine Tools and Industrial Services. The Machine Tools segment offers turning machines, such as universal turning machines, turn-mill centers, production turning, and multi-spindle machining centers; vertical, horizontal, and 5-axis milling centers; ultrasonic, lasertec, and additive manufacturing products; and selective laser melting in the powder bed, as well as software solutions. The Industrial Services segment provides industrial services, including service agreements, repair, maintenance, and training services, as well as services related to spare parts. It serves aerospace, automotive, die and mold, medical, and semiconductor industries. The company was formerly known as DMG Mori Seiki Aktiengesellschaft and changed its name to DMG MORI AKTIENGESELLSCHAFT in June 2015. The company was founded in 1870 and is headquartered in Bielefeld, Germany. DMG MORI AKTIENGESELLSCHAFT is a subsidiary of DMG Mori Co., Ltd.

Corporate governance

DMG MORI AKTIENGESELLSCHAFT’s ISS governance QualityScore as of 1 October 2023 is 5. The pillar scores are Audit: 8; Board: 7; Shareholder rights: 6; Compensation: 4.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.