Bauer maintains profitable growth

. Total Group revenues up 23.3 percent to EUR 1.2 billion
.
After-tax profit exceeds expectations, up 111.4 percent to EUR 74.4

million
. Doubling of dividend to EUR 1.00 per share planned
. Full
order books deliver bright prospects for 2008

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companies/financial statements

Schrobenhausen (euro adhoc) - April 22, 2008 - The global
construction and equipment manufacturing group BAUER
Aktiengesellschaft maintained its strong growth in 2007, surpassing
targets even as they were repeatedly raised in the course of the
year. It substantially increased its revenues, profits and orders in
hand. The company benefited from the healthy economic climate, the
international spread of its operations and its strategy of moving
into future-oriented fields of business.

Significant increase in revenues and profits, outstanding levels of
orders in hand, more than 1,400 jobs created

In the year under review, Bauer increased its total Group revenues by
23.3 percent to EUR 1,208 million. In response to the long recession
in the German construction industry and as a result of Bauer's
concerted strategy of globalization, around 73 percent of those total
revenues are generated outside of Germany.

Bauer succeeded in achieving a particularly impressive improvement in
profitability. Its earnings after interest and taxes were up 111.4
percent at EUR 74.4 million, well above the forecast, which itself
had been raised as recently as December 2007. Earnings before
interest and taxes (EBIT) increased by 80.6 percent to EUR 131.8
million.

Orders in hand were up 46.3 percent at the end of 2007, totalling EUR
618 million. Bauer has maintained those high levels into the current
financial year: "Our order books are looking healthy, and in some
cases extremely healthy, throughout the Group. Our capacities are
fully taken up well into the second half of the year," reports
Chairman of the Management Board Professor Thomas Bauer.

The Bauer workforce through 2007 averaged 6,983 people - over a
quarter up on the previous year's figure.

Construction: Domestic business picking up, bright prospects on
international markets

The Bauer Group operates three separate segments: Construction,
Equipment and Resources. The Resources segment was newly added in the
past financial year.

The Construction segment generated revenues of EUR 531.8 million, EUR
7 million down on the previous year. It nevertheless improved its
EBIT by a substantial 139.4 percent to EUR 24.8 million.

Professor Thomas Bauer is very pleased with this growth: "Our
domestic business in small and medium-sized projects is picking up
noticeably, though prices on large-scale projects in particular
remain under pressure." The main drivers of growth are the company's
international subsidiaries, with interesting project opportunities
being exploited in regions including the Middle East, Vietnam,
Australia and Malaysia, as well as in the USA, where the Group's
focus has been on infrastructure projects. According to Professor
Bauer, international operations have benefited from the Group's
regional network strategy, enabling it to respond rapidly to market
fluctuations and reassign its capacities in a flexible manner.

Equipment: High demand for product range, capacities expanded, new
innovations announced

The Equipment segment once again set new standards in 2007, building
further on its share of a growing market. The segment exceeded its
previous-year revenues by 42.1 percent. At EUR 643.1 million, they
now account for roughly half of total Group revenues. The segment's
operating profit rose by a disproportionately high 71.1 percent to
EUR 105.9 million.

In view of the surging demand for its high-tech specialist foundation
engineering equipment and for oil, gas and well drilling rigs, Bauer
is expanding its production capacities by more than two thirds
overall, at its home base in Schrobenhausen, in Nordhausen in the
Thuringia region of Germany, as well as in the USA, Italy, Russia,
China (Shanghai and Tianjin) and Malaysia.

"In order to match our capacities to the high levels of demand, in
2007 and 2008 we are implementing the largest new building investment
programme in the company's history, involving a total commitment of
some EUR 80 million," Professor Bauer states. "We are also working
intensively on the design of new equipment and will soon be launching
an innovative deep-level drilling rig capable of drilling down to
depths of several thousand metres, which will open up another growth
market to us."

Resources: Potential for global future markets

The new Resources segment established in 2007 bundles services in the
mining, geothermal energy, environmental technology and well drilling
and engineering fields. The segment incorporates existing mining and
environmental companies as well as the German Water and Energy (GWE)
Group, which was acquired in the second quarter of 2007. Based on
revenues of EUR 112 million, the segment made an operating profit of
EUR 0.3 million.

Professor Bauer believes there is even greater potential still to be
realized: "The world faces major challenges in terms of the
environment, energy and raw materials. Our new Resources segment will
be targeting those emerging future markets."

Doubling of dividend to EUR 1.00 per share planned The Management
Board and Supervisory Board will propose to the Annual General
Meeting that the dividend payment be doubled to EUR 1.00 per share.
As a result, EUR 17.1 million will be paid out to shareholders.
Excluding minority interests, this represents just under one quarter
of total consolidated profit.

Outlook

The BAUER Group has seamlessly maintained its outstanding
previous-year performance into 2008. Orders in hand are at healthy
levels - and in some cases extremely healthy levels - in all
segments, and the Group sees strong opportunities for further sales
growth and rising profitability.

The Group expects full-year sales to be at least EUR 1.375 billion
(previous year: EUR 1.2 billion) and after-tax profit to be around
EUR 90 million (previous year: EUR 74.4 million). "With its
Construction, Equipment and Resources segments, its global operations
and its highly-qualified workforce, Bauer is in an outstanding
strategic position. The state of the global economy and the growing
market for our products and services offer a wide range of
opportunities which we intend to exploit. There is no reason why we
cannot sustain our growth unabated," asserts Professor Bauer. He also
indicates the prospect of further minor acquisitions.

About Bauer

Bauer is an international provider of services, machinery and
ancillary products in the earth-working and groundwater fields. The
Group markets its products and services all over the world. Its
global spread allows it to remain largely unaffected by fluctuating
business cycles.

The operations of the Group are divided into three segments:
Construction, Equipment and Resources. The Construction segment
carries out specialist foundation engineering work all over the
world, developing foundation and excavation projects as well as
providing related construction services. In its Equipment segment, in
which it is a world market leader, Bauer offers an extensive range of
machinery, equipment and tools for specialist foundation engineering.
The Resources segment encompasses the Group's operations in the
exploitation of raw materials, in environmental technology, in
geothermal drilling operations and also in equipment for wells
(including pumps and drills, screens and casings).

Bauer profits greatly from the collaboration between its three
separate segments, enabling the Group to position itself as an
innovative, highly specialized provider of complete solutions and
services for demanding projects on the specialist foundation
engineering and related markets.

Founded in 1790, Bauer today generates more than two thirds of its
total revenues outside of Germany. Employing nearly 7,000 people, the
Group's total revenues in 2007 were EUR 1.2 billion (previous year:
EUR 980 million). BAUER Aktiengesellschaft has been listed on the
official market of the Frankfurt Stock Exchange since July 4, 2006
(Prime Standard, ISIN DE0005168108).

GROUP KEY FIGURES 2007 (IFRS)

| |2006 |2007 |Change |
| |in EUR |in EUR million | |
| |million | | |
|Total Group revenues*, |979.9 |1,208.1 |23.3 % |
|of which | | | |
|- Germany |282.2 |331.6 |17.5 % |
|- International |697.7 |876.5 |25.6 % |
|of which | | | |
|- Construction |538.8 |531.8 |- 1.3 % |
|- Equipment |452.4 |643.1 |42.1 % |
|- Resources |63.9 |112.0 |75.3 % |
|- Consolidation / Other |- 75.2 |- 78.8 |n/a |
|Sales revenues |835.4 |1,033.0 |23.7 % |
|Orders in hand |422.4 |618.0 |46.3 % |
|EBITDA |123.2 |185.4 |50.5 % |
|EBITDA margin in % (of sales |14.7 % |17.9 % |n/a |
|revenues) | | | |
|EBIT |73.0 |131.8 |80.6 % |
|EBIT margin in % (of sales |8.7 % |12.8 % |n/a |
|revenues) | | | |
|Profit** |35.2 |74.4 |111.4 % |
|Shareholders' equity |222.6 |279.1 |25.4 % |
|Equity ratio in % |34.6 % |34.1 % |n/a |
|Earnings per share in EUR*** |EUR 2.17 |EUR 4.23 |94.9 % |
|Dividend per share in EUR**** |EUR 0.50 |EUR 1.00 |100.0 % |
|Employees |5,541 |6,983 |26.0 % |

* At variance with the consolidated and sales revenues presented
in the Group income statement, the total Group revenues presented
here include portions of revenues from associated companies as
well as revenues of non-consolidated subsidiaries and joint
ventures.

** Before minority interests.

*** Diluted and basic, following share split.

**** 2007 proposed.

end of announcement euro adhoc
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ots Originaltext: Bauer AG
Im Internet recherchierbar: http://www.presseportal.de

Further inquiry note:

Bettina Mestenhauser

Head of Investor Relations

Telefon: +49(0)8252 97 1918

E-Mail: investor.relations@bauer.de

Branche: Construction & Property
ISIN: DE0005168108
WKN: 516810
Index: SDAX, CDAX, Classic All Share, Prime All Share
Börsen: Börse Frankfurt / regulated dealing/prime standard
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