Bauer defies financial market crisis with excellent performance - nine-month figures fully in line with planning

. Total Group revenues up 24.7 percent to EUR 1,112 million

. After-tax profit up 74 percent to EUR 67.8 million

. Full-year forecast for 2008 reaffirmed

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companies

Schrobenhausen, November 14, 2008 - (euro adhoc) - The global
construction and equipment manufacturing group BAUER AG is defying
the financial market crisis and has delivered excellent performance
over the first nine months of the current year. All segments are
progressing fully in line with planning, reaffirming the Group's
ambitious growth forecast for the full year.

To September 30, 2008, total Group revenues were EUR 1,112 million,
representing an increase of 24.7 percent over the previous year
comparative. Earnings before interest and taxes (EBIT) rose 38.7
percent to EUR 108.4 million. Profit after tax increased by 74
percent to EUR 67.8 million. Orders in hand went up by 49.6 percent
to EUR 757.7 million, ensuring that capacity utilization will remain
high through to the year-end and beyond. The Group's workforce
increased to a total of 8,103 people.

Segment trends

In the Construction segment, growing business volumes and a large
number of major projects, spread evenly across all regions of the
world, had a positive effect on performance for the first nine
months. Revenues increased by 29 percent to EUR 520.1 million. Orders
in hand were up 56.5 percent. The segment's operating profit rose
136.4 percent to EUR 29.3 million.

With a 25.5 percent increase in revenues to EUR 569.5 million and
operating profit of EUR 79.6 million, the Equipment segment is once
again on course to set new records. Orders in hand of EUR 276.3
million are 38.5 percent up on the previous year comparative. This
performance provides the Group with confidence that it will meet its
set targets, despite the slight slowdown in capital investment seen
in recent weeks because of the financial crisis. In view of this
trend, Bauer has developed a large number of new machines for new
markets which are scheduled for launch over the coming year.

The strategic development of the Resources segment established last
year is making progress. The segment is showing a pleasing growth in
orders in hand, which at EUR 36 million are 60.5 percent up on the
previous year comparative. Segment revenues of EUR 87.2 million and
operating profit of EUR 1.2 million are around the previous year's
level.

Outlook

In view of the pleasing performance shown to date and the current
healthy levels of orders in hand in all the Group's segments, Bauer
is reaffirming its forecasts for the full year. The company expects
total Group revenues to increase by almost 20 percent to over EUR 1.4
billion (previous year: EUR 1.2 billion). It anticipates
disproportionately high growth in profit after tax to more than EUR
100 million (previous year: EUR 74.4 million).

The current business operations of BAUER AG have to date been little
affected by the financial crisis. However, the Group does not exclude
the possibility of negative effects being felt over the coming year.
It has carried out a number of simulations, the results of which give
Professor Thomas Bauer, Chairman of the Management Board, good reason
to be confident: "The market position and internal strength of the
BAUER Group has been built up so successfully over the past years
that, even if some of its markets were to undergo substantial change,
we expect that the business as a whole would remain on an upward
trend."

The Group is ideally placed to cope with any potential changes to
markets, not least thanks to its global presence, with representation
in more than 60 countries. Consequently, any declines in countries
affected by the financial market crisis can be compensated by
maximizing opportunities in newly emerging economies and in countries
with resources of essential raw materials. Bauer's work on
infrastructure projects and its provision of solutions helping to
ease the global shortage of raw material resources and resultant
energy problems make it relatively well cushioned against the impact
of economic downturn. The Group has geared itself up accordingly by
developing new machinery and specialist know-how.

About Bauer

Bauer is a 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 January - September (IFRS)

| |Jan-Sep 2007 |Jan-Sep 2008 |Change |
| |in EUR |in EUR million | |
| |million | | |
|Total Group revenues* |891.2 |1,111.8 |24.7 % |
|of which | | | |
|- Germany |275.7 |264.6 |-4.0 % |
|- International |615.5 |847.2 |37.6 % |
|- International in % |69.1 % |76.2 % |n/a |
|of which | | | |
|- Construction |403.3 |520.1 |29.0 % |
|- Equipment |453.7 |569.5 |25.5 % |
|- Resources |87.4 |87.2 |-0.2 % |
|- Other/Elim./Cons. |-53.2 |-65.0 |n/a |
|Consolidated revenues |843.5 |1,073.6 |27.3 % |
|Sales revenues |759.4 |930.2 |22.5 % |
|Orders received |975.5 |1,251.4 |28.3 % |
|Orders in hand |506.6 |757.7 |49.6 % |
|EBITDA |115.7 |149.3 |29.0 % |
|EBITDA margin in % (of sales |15.2 % |16.0 % |n/a |
|revenues) | | | |
|EBIT |78.1 |108.4 |38.7 % |
|EBIT margin in % (of sales |10.3 % |11.7 % |n/a |
|revenues) | | | |
|Net profit or loss** |38.9 |67.8 |74.0 % |
|Shareholders' equity |249.8 |330.6 |32.3 % |
|Equity ratio in % |29.1 % |31.7 % |8.9 % |
|Earnings per share in EUR*** |2.21 |3.81 |72.4 % |
|Employees |6,627 |8,103 |22.3 % |

* At variance with the consolidated 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.

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: MDAX, CDAX, Classic All Share, Prime All Share
Börsen: Börse Frankfurt / regulated dealing/prime standard
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