(Registrieren)

EANS-News: BAUER Aktiengesellschaft / BAUER AG reaffirms forecast and enters Q4 with high levels of orders in hand

Geschrieben am 14-11-2012

--------------------------------------------------------------------------------
Corporate news transmitted by euro adhoc. The issuer/originator is solely
responsible for the content of this announcement.
--------------------------------------------------------------------------------

Financial Figures/Balance Sheet/quarterly report/9-month report

Subtitle: • Total Group revenues up 5.4 percent to EUR 1,063.2
million • Orders in hand up 4.7 percent to EUR 775.1 million •
After-tax profit of EUR 6.2 million (previous year: EUR 14.2 million)
negatively impacted by extraordinary effects totalling EUR 7.5
million • Forecast for total Group revenues and after-tax profit
reaffirmed

Schrobenhausen (euro adhoc) - BAUER Aktiengesellschaft has reaffirmed
its revenue and earnings forecast for the current financial year and
is entering the fourth quarter with high levels of orders in hand.

Total Group revenues of the international construction and machinery
manufacturing concern for the first nine months of the year were EUR
1,063.2 million, up 5.4 percent on the previous year comparative
period (EUR 1,008.9 million). Orders in hand increased by 4.7 percent
to EUR 775.1 million, representing a further healthy rise over
previous years. EBIT (earnings before interest and taxes) fell in the
reporting period from EUR 51.5 million to EUR 45.2 million. At the
end of September the Group posted an after-tax profit of EUR 6.2
million (previous year: EUR 14.2 million). Approximately EUR 7.5
million in respect of expected particular losses from major projects
in the Construction and Resources segments was taken into account
here. Excluding these extraordinary effects, the net profit for the
period would have been approximately EUR 13.5 million, around EUR 0.5
million below the previous year comparative.

The company has reaffirmed the full-year forecast contained in its
half-year interim report, predicting total Group revenues of EUR 1.45
billion and after- tax profit of between EUR 25 and 30 million.

Business segments: Growth in Construction and Resources, decline in
Equipment segment

Total Group revenues in the Construction segment rose in the first
nine months of the year by 11.4 percent from EUR 434.5 million to EUR
484.0 million, thanks to a number of large-scale projects. EBIT
increased from EUR 9.9 million to EUR 16.1 million.

Total Group revenues in the Equipment segment in the first nine
months of the year fell by 5.2 percent to EUR 444.2 million (previous
year: EUR 468.3 million). Segment EBIT decreased from EUR 34.3
million to EUR 20.1 million. The general uncertainty on many markets
significantly weakened sales performance in the Equipment segment.
The company sold fewer machines in China, in the Middle East, and in
some European countries.

Ongoing trends in our Resources segment remain positive. Its total
Group revenues rose by 17.6 percent to EUR 191.3 million (previous
year: EUR 162.7 million). EBIT of EUR 8.7 million is slightly up on
the previous year's level. This was where much of the provision for
expected losses from major projects was made. Without that
extraordinary effect, EBIT would have improved substantially.

Entering Q4 with high levels of orders in hand

Professor Thomas Bauer, Chairman of the Management Board of BAUER AG,
comments on the good levels of orders in hand: "The general trend on
global construction markets is showing slight growth, and our
prospects are bright as we look to the year ahead." Orders in hand in
the Construction segment total EUR 473.6 million - up 7.4 percent on
the previous year comparative quarter, and on a level with the boom
year 2008. Furthermore, a number of major projects have been acquired
in recent weeks.

The Resources segment is currently working on a number of major
projects. It has once again recorded outstanding levels of orders in
hand totalling EUR 160.7 million (previous year: EUR 179.4 million).
Demand is particularly strong in relation to environmental and
exploration services, especially for the extraction of water. By
contrast, orders in hand in the Equipment segment totalling EUR 140.9
million are at a low level.

The company expects to gain a competitive edge in future thanks to
its broad product range. It has developed a number of new machines
and techniques focused on complex specialist construction works. "We
are now once again increasingly positive with regard to our future
prospects," Professor Bauer asserts. "However, the financial crisis
and its consequences have not yet been overcome - as we are seeing in
our Equipment segment. We are continuing to plan for growth of
between 5 and 10 percent in total Group revenues over the coming
years. Based on current forecasts, our earnings will pick up again
from 2013 onwards."

Our full Quarterly Report, including a detailed analysis of the
individual segments and markets, can be found on our website at
http://www.bauer.de.

About Bauer

Bauer is a provider of services, machinery and products for ground
and groundwater. The Group markets its products and services all over
the world. Its global spread allows it to remain largely unaffected
by fluctuating business cycles.

Its business is divided into three segments: Construction, Equipment
and Resources. The Construction segment carries out specialist
foundation engineering work for complex excavation pits and
foundations on major infrastructure and building projects all over
the world, installing cut-off walls and carrying out ground
improvement works as well as providing related project development
services. Bauer's Equipment segment, a world market leader, offers a
comprehensive range of construction machinery, equipment and tools
for the specialist foundation engineering sector as well as for other
underground drilling operations, such as for mines, water wells,
geothermal energy sources, and oil and gas extraction. The Resources
segment pools the Group's activities in the fields of water, energy,
mineral resources and environmental technology.

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 around three quarters of its
total revenues outside of Germany. Employing some 9,700 people, the
Group's total revenues in 2011 were approximately EUR 1.4 billion
(previous year: EUR 1.3 billion). BAUER Aktiengesellschaft has been
listed on the official market of the Frankfurt Stock Exchange since
July 4, 2006 (Prime Standard, ISIN DE0005168108).

You can also visit us on YouTube: http://www.youtube.com/BAUERGruppe

GROUP KEY FIGURES January - September 2012 (IFRS)

| |Jan-Sep 2011 |Jan-Sep 2012 |Change |
| |in EUR million |in EUR million | |
|Total Group revenues |1,008.9 |1,063.2 |+5.4 % |
|of which | | | |
|- Germany |263.6 |280.9 |+6.6 % |
|- International |745.3 |782.3 |+5.0 % |
|of which | | | |
|- Construction* |434.5 |484.0 |+11.4 % |
|- Equipment* |468.3 |444.2 |-5.2 % |
|- Resources |162.7 |191.3 |+17.6 % |
|- Other/Consol. |-56.6 |-56.3 |n/a |
|Consolidated revenues |978.3 |1,027.8 |+5.1 % |
|Sales revenues |874.9 |933.9 |+6.7 % |
|Orders received |1,134.0 |1,088.3 |-4.0 % |
|Orders in hand |740.0 |775.1 |+4.7 % |
|EBITDA |112.5 |112.9 |+0.4 % |
|EBITDA margin (as % of sales |12.9 % |12.1 % |n/a |
|revenues) | | | |
|EBIT (earnings before interest |51.5 |45.2 |-12.2 % |
|and taxes) | | | |
|EBIT margin (as % of sales |5.9 % |4.8 % |n/a |
|revenues) | | | |
|Net profit or loss |14.2 |6.2 |-56.3 % |
|Shareholders' equity |443.3 |468.8 |+5.8 % |
|Equity ratio |29.5 % |28.5 % |n/a |
|Earnings per share in EUR |0.70 |0.34 |-51.4 % |
|Employees (on average over the |9,603 |10,151 |+5.7 % |
|year) | | | |

* Previous year figures adjusted

Further inquiry note:
Christopher Wolf
Investor Relations
Tel.: +49 8252 97 1797
E-Mail: christopher.wolf@bauer.de

end of announcement euro adhoc
--------------------------------------------------------------------------------

company: BAUER Aktiengesellschaft
BAUER-Straße 1
D-86529 Schrobenhausen
phone: +49 (0)8252-97-1797
FAX: +49 (0)8252-97-2900
mail: investor.relations@bauer.de
WWW: http://www.bauer.de
sector: Construction & Property
ISIN: DE0005168108
indexes: SDAX, CDAX, Classic All Share, Prime All Share
stockmarkets: free trade: Berlin, München, Hamburg, Düsseldorf, Stuttgart,
regulated dealing/prime standard: Frankfurt
language: English


Kontaktinformationen:

Leider liegen uns zu diesem Artikel keine separaten Kontaktinformationen gespeichert vor.
Am Ende der Pressemitteilung finden Sie meist die Kontaktdaten des Verfassers.

Neu! Bewerten Sie unsere Artikel in der rechten Navigationsleiste und finden
Sie außerdem den meist aufgerufenen Artikel in dieser Rubrik.

Sie suche nach weiteren Pressenachrichten?
Mehr zu diesem Thema finden Sie auf folgender Übersichtsseite. Desweiteren finden Sie dort auch Nachrichten aus anderen Genres.

http://www.bankkaufmann.com/topics.html

Weitere Informationen erhalten Sie per E-Mail unter der Adresse: info@bankkaufmann.com.

@-symbol Internet Media UG (haftungsbeschränkt)
Schulstr. 18
D-91245 Simmelsdorf

E-Mail: media(at)at-symbol.de

428988

weitere Artikel:
  • EANS-News: CompuGroup Medical AG gibt Ergebnisse für das dritte Quartal 2012 bekannt -------------------------------------------------------------------------------- Corporate News übermittelt durch euro adhoc. Für den Inhalt ist der Emittent/Meldungsgeber verantwortlich. -------------------------------------------------------------------------------- 9-Monatsbericht Koblenz (euro adhoc) - 14. November 2012: Die CompuGroup Medical AG hat heute den Finanzbericht für das dritte Quartal 2012 vorgelegt. Das Unternehmen, einer der führenden eHealth-Anbieter weltweit, erzielte einen Umsatz von EUR 107,0 Mio. Dies entspricht mehr...

  • EANS-News: CompuGroup Medical AG - Third Quarter Results 2012 -------------------------------------------------------------------------------- Corporate news transmitted by euro adhoc. The issuer/originator is solely responsible for the content of this announcement. -------------------------------------------------------------------------------- 9-month report Koblenz (euro adhoc) - November 14, 2012: CompuGroup Medical AG today presented the financial report for the third quarter of 2012. The company, one of the leading global providers of eHealth solutions, achieved revenue of EUR 107.0 mehr...

  • ERS: Westag & Getalit AG / 9-Monatsbericht 2012 Westag & Getalit AG / 9-Monatsbericht 2012 / ERS-Dokument übermittelt von news aktuell an das Exchange Reporting System (ERS) der FWB/Deutsche Börse AG gemäß §§ 65 ff Börsenordnung. Folgende PDF-Dokumente liegen vor: - 9-Monatsbericht deutsch -------------------------------------------------------------------------------- mehr...

  • ERS: Medion AG / 6-Monatsbericht 2012 Medion AG / 6-Monatsbericht 2012 / ERS-Dokument übermittelt von news aktuell an das Exchange Reporting System (ERS) der FWB/Deutsche Börse AG gemäß §§ 65 ff Börsenordnung. Folgende PDF-Dokumente liegen vor: - 6-Monatsbericht deutsch -------------------------------------------------------------------------------- mehr...

  • EANS-Kapitalmarktinformation: Landesbank Baden-Württemberg / Aufnahme von Anleihen und Übernahmen von Gewährleistungen gemäß § 30e Abs. 1, Nr. 2 WpHG -------------------------------------------------------------------------------- Sonstige Kapitalmarktinformationen übermittelt durch euro adhoc mit dem Ziel einer europaweiten Verbreitung. Für den Inhalt ist der Emittent verantwortlich. -------------------------------------------------------------------------------- ISIN: DE000LB0P9X5 Valuta: 14.11.2012 Emissionsvolumen: EUR 100.000.000 Fälligkeit: 14.11.2013 Rückfragehinweis: Landesbank Baden-Württemberg Am Hauptbahnhof 2 70173 Stuttgart www.lbbw.de Ende der Mitteilung mehr...

Mehr zu dem Thema Finanzen

Der meistgelesene Artikel zu dem Thema:

Century Casinos wurde in Russell 2000 Index aufgenommen

durchschnittliche Punktzahl: 0
Stimmen: 0

Bitte nehmen Sie sich einen Augenblick Zeit, diesen Artikel zu bewerten:

Exzellent
Sehr gut
gut
normal
schlecht