EANS-News: BAUER Aktiengesellschaft / Bauer presents Half-Year Interim Report containing detailed analysis of its market segments

. Total Group revenues down 5.4 percent to EUR 681.0 million.
.
After-tax profit down EUR 16.1 million to EUR 21.1 million.
.
Three-segment strategy and global presence proving to be stabilizing
factors.
. Forecast for 2009: total Group revenues of EUR 1.3
billion and after-tax profit around a third of the previous year's
level.

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

companies

Schrobenhausen, (euro adhoc) - August 14, 2009 - The business of
construction and machinery manufacturing group BAUER
Aktiengesellschaft suffered from the effects of the global economic
crisis in the second quarter of the year. Significant falls in the
machinery manufacturing business could not be offset by the solid
performance in specialist foundation engineering and the healthy
growth of the Resources segment. Having published its key performance
indicators and updated its full-year forecast at the beginning of
August, the BAUER Group today presents its Half-Year Interim Report
containing a detailed analysis of its various business segments and
markets.

Total Group revenues in the first half of the year were EUR 681.0
million, down 5.4 percent against the previous year's figure. EBIT
(earnings before interest and taxes) totalled EUR 44.9 million. This
represented a fall of 7.3 percent relative to the previous quarter,
and was down 29.2 percent against the previous-year comparative
period, which had seen particularly strong earnings and growth.
After-tax profit fell correspondingly by EUR 16.1 million, or 43.3
percent, to EUR 21.1 million. Orders in hand held by the Group at the
mid-year point totalled EUR 523.4 million. This was 35.3 percent less
than at the same time last year. Bauer employed an average of 8,497
people (previous year: 7,989) worldwide through the first half of the
year.

Business segments

The Group's strategic focus on its three business segments -
Construction, Equipment and Resources - combined with its global
presence is proving advantageous in the current market situation. In
view of the widely varying trends being seen in the individual
regions and market segments, this strategy is having a balancing and
stabilizing effect across the Group.

The Construction segment is currently the key pillar of the business.
It admittedly witnessed declines in crisis-hit markets such as
Eastern Europe and Dubai, and a fall in the number of large-scale
projects following the extraordinary boom of last year, which
together saw revenues drop 17.2 percent to EUR 279.4 million in the
first six months of 2009. However, the segment's operating profit of
EUR 12.9 million was 0.7 percent up (previous year: EUR 12.8 million)
and orders in hand even increased by EUR 21.6 million from the first
to the second quarter of 2009. Orders in hand were down 23.4 percent
to EUR 370.7 million relative to the previous year.

The recently established Resources segment achieved strong growth in
the first half of the year as it targeted new, future-oriented
markets. Its revenues increased by more than a third to EUR 71.2
million (previous year: EUR 52.9 million). Alongside a major project
in Oman, key drivers of this performance were the mining sector as
well as new orders for water well engineering materials. The
integration of the newly acquired SITE Group in Jordan has begun
well. The segment also made a pleasing contribution to the
development of the Group as a whole with a positive operating profit
(EBIT) of EUR 637 thousand (previous year: EUR -550 thousand).

The area of our business proving most susceptible to the global
crisis was the Equipment segment, which saw massive falls in demand
and in sales of standard construction machinery. In this area of
business, orders in hand at the half- way point slumped by 72.5
percent to EUR 81.1 million (previous year: EUR 294.9 million),
representing approximately one and a half months' capacity
utilization. Although the performance of the segment remained stable
at EUR 372.3 million (previous year: EUR 365.7 million; change: +1.8
percent), external revenues were already down 7.7 percent. The
segment's operating profit (EBIT) of EUR 33.1 million (previous year:
EUR 51.1 million) showed a decline of 35.2 percent compared with the
prior-year figure.

Outlook

The Group has already taken effective measures to hold this trend in
check by cutting back on temporary staff and introducing short-time
working at almost all its plants. "We are deploying major efforts to
cut costs on a massive scale, and we are currently tendering for a
significant number of interesting projects," reports Chairman of the
Management Board Professor Thomas Bauer. "If such major projects are
in fact implemented, they may well deliver a rapid boost to
contractors such as Bauer."

BAUER AG forecasts total Group revenues of around EUR 1.3 billion
(previous year: EUR 1.5 billion). According to the latest
calculations, profit after tax will fall to around one-third of the
previous-year figure of EUR 107.5 million.

The full Interim 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 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 the 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 some 8,600 people, the
Group's total revenues in 2008 were EUR 1.53 billion (previous year:
EUR 1.2 billion). 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 - 1st half 2009 (IFRS)

| |1st HY 2008 |1st HY 2009 |Change |
| |in EUR |in EUR million | |
| |million | | |
|Total Group revenues* |719.5 |681.0 |-5.4 % |
|of which | | | |
|- Germany |165.2 |181.2 |9.7 % |
|- International |554.3 |499.8 |-9.8 % |
|of which | | | |
|- Construction |337.6 |279.4 |-17.2 % |
|- Equipment |365.7 |372.3 |1.8 % |
|- Resources |52.9 |71.2 |34.5 % |
|- Other/Elim./Consol. |-36.7 |-41.9 |n/a |
|Consolidated revenues |686.9 |652.2 |-5.0 % |
|Sales revenues |594.7 |534.0 |-10.2 % |
|Orders received |909.9 |532.8 |-41.4 % |
|Orders in hand |808.4 |523.4 |-35.3 % |
|EBITDA |89.1 |76.4 |-14.2 % |
|EBITDA margin |15.0 % |14.3 % |n/a |
|(as % of sales revenues) | | | |
|EBIT |63.4 |44.9 |-29.2 % |
|EBIT margin |10.7 % |8.4 % |n/a |
|(as % of sales revenues) | | | |
|Net profit or loss** |37.2 |21.1 |-43.3 % |
|Shareholders' equity |297.2 |378.6 |27.4 % |
|Equity ratio in % |30.5 % |30.3 % |n/a |
|Earnings per share in EUR*** |2.09 |1.19 |-43.1 % |
|Employees |7,989 |8,497 |6.4 % |

* 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
--------------------------------------------------------------------------------

ots Originaltext: BAUER Aktiengesellschaft
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: Frankfurt / regulated dealing/prime standard
Berlin / free trade
Hamburg / free trade
Stuttgart / free trade
Düsseldorf / free trade
München / free trade