EANS-News: BAUER Aktiengesellschaft / BAUER AG progressing as planned after nine months: forecast reaffirmed and concretized

• Total Group revenues up 1.9 percent from EUR 944.5 million to EUR
962.6 million
• Sales revenues up 8.0 percent to EUR 844.4 million
(previous year: EUR 782.2 million)
• Profit after tax EUR 21.0
million (previous year: EUR 30.0 million)
• Orders received up 27.7
percent to EUR 1,042.1 million (previous year: EUR 815.9 million)
•
Full-year forecast reaffirmed and concretized: stable total Group
revenues around previous year's level and after-tax profit between
EUR 35 and 40 million

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quarterly report/9-month report

Subtitle: • Total Group revenues up 1.9 percent from EUR 944.5
million to EUR 962.6 million • Sales revenues up 8.0 percent to EUR
844.4 million (previous year: EUR 782.2 million) • Profit after tax
EUR 21.0 million (previous year: EUR 30.0 million) • Orders received
up 27.7 percent to EUR 1,042.1 million (previous year: EUR 815.9
million) • Full-year forecast reaffirmed and concretized: stable
total Group revenues around previous year's level and after-tax
profit between EUR 35 and 40 million

Schrobenhausen (euro adhoc) - The business of international
construction and machinery concern BAUER Aktiengesellschaft is
progressing in line with its planning. In the first nine months of
the current financial year, total Group revenues increased slightly,
by 1.9 percent from EUR 944.5 million to EUR 962.6 million. Sales
revenues were up 8.0 percent to EUR 844.4 million (previous year: EUR
782.2 million). Earnings before interest and taxes (EBIT) totalled
EUR 55.8 million (previous year: EUR 60.0 million). Profit after tax
was EUR 21.0 million (previous year: EUR 30.0 million).

Business segments

The strategy focused on three distinct business segments and on
building and maintaining an international presence is providing the
BAUER Group with a high degree of stability. This is reflected by the
increase in revenues in the construction sector, which balanced out
the downturn in the machinery business.

In the Construction segment, major projects on the Arabian peninsula
and in Canada are driving growth. The segment's third-quarter
revenues increased by 17.1 percent against the previous year
comparative figure to EUR 469.3 million. Segment EBIT increased from
EUR 20.5 million to EUR 22.5 million. Orders in hand were down 6.7
percent year-on-year at EUR 326.2 million, while orders received
increased by 25.2 percent to EUR 481.4 million (previous year: EUR
384.4 million).

The Equipment segment continues to be impacted by customers'
reluctance to invest due to the economic crisis. In the first nine
months its revenues fell from EUR 481.6 million to EUR 412.3 million,
down 14.4 percent against the previous year comparative, though
external sales decreased by only 2.1 percent. While demand for small
and medium-sized machinery has fallen dramatically, Bauer is
profiting from the stability in the large specialist foundation
engineering machinery sector thanks to its market-leading strength.
Segment EBIT totalled EUR 27.9 million (previous year: EUR 38.7
million). Orders in hand rose slightly from EUR 114.3 million to EUR
126.4 million, reaffirming the analysis that the market has
stabilized at a much lower level than prior to the crisis.

The Resources segment maintained its revenues just below the previous
year comparative level at EUR 124.6 million in the first three
quarters. This was less than planned, because of delays to a major
project for water supply to the Jordanian city of Amman. Segment EBIT
of EUR 4.9 million was well up on the previous year comparative
period's EUR 2.8 million. The healthy levels of orders in hand
totalling EUR 135.8 million (previous year: EUR 79.2 million) at the
end of the third quarter were boosted by a new large contract from
Jordan to construct wells for a phosphate factory. Consequently, the
recently established segment, operating on future-oriented markets
such as mining, environmental technology and well engineering, is
making good progress towards its long-term strategic goal of becoming
a key pillar of the Group's business.

Outlook

Confidence has been boosted by the 27.7 percent rise in orders
received to EUR 1,042.1 million (previous year: EUR 815.9 million).
The orders in hand held by the Group as per September 30th totalled
EUR 588.5 million, up 8.4 percent year- on-year.

"Except for the machinery manufacturing business, the order situation
is satisfactory, and demonstrates that the BAUER Group is capable of
utilizing opportunities offered by major new projects on a regular
basis," comments Professor Thomas Bauer, Chairman of the Management
Board of BAUER AG. "Based on current estimates, we are forecasting
growth in revenues and an appropriate corresponding rise in earnings
in all segments over the coming year. We might well regain and
surpass our 2008 revenue levels by 2013."

For the current full year, the BAUER Group reaffirms its forecast of
total Group revenues around the previous year's level. The after-tax
profit outlook has been concretized, and is expected to be at the
bottom end of the forecast - that is to say, in the range between EUR
35 and 40 million.

Our full third-quarter 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 8,900 people, the
Group's total revenues in 2009 were EUR 1.28 billion (previous year:
EUR 1.53 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 January - September 2010 (IFRS)

| |Jan-Sep 2009 |Jan-Sep 2010 |Change |
| |in EUR million |in EUR million | |
|Total Group revenues |944.5 |962.6 |-1.9 % |
|of which | | | |
|- Germany |273.9 |250.0 |-8.7 % |
|- International |670.6 |712.6 |6.3 % |
|of which | | | |
|- Construction* |400.9 |469.3 |17.1 % |
|- Equipment* |481.6 |412.3 |-14.4 % |
|- Resources* |125.2 |124.6 |-0.4 % |
|- Other/Elim./Consol.* |-63.2 |-43.6 |n/a |
|Consolidated revenues |896.3 |924.3 |3.1 % |
|Sales revenues |782.2 |844.4 |8.0 % |
|Orders received |815.9 |1,042.1 |27.7 % |
|Orders in hand |543.0 |588.5 |8.4 % |
|EBITDA |110.0 |110.2 |0.2 % |
|EBITDA margin (as % of sales |14.1 % |13.0% |n/a |
|revenues) | | | |
|EBIT |60.0 |55.8 |-7.0 % |
|EBIT margin (as % of sales |7.7 % |6.6 % |n/a |
|revenues) | | | |
|Net profit or loss |30.0 |21.0 |-30.0 % |
|Shareholders´ equity |383.1 |419.2 |9.4 % |
|Equity ratio in % |30.5 % |30.5 % |n/a |
|Earnings per share in EUR |1.68 |1.01 |-39.9 % |
|Employees (on average over the |8,685 |8,962 |3.2 % |
|year) | | | |

* The Mining division of SCHACHTBAU NORDHAUSEN GmbH incl. segment
subsidiaries (SBN) has been reassigned from the Construction segment
to the Resources segment. The previous year figures have been
adjusted as a result.

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.

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

Further inquiry note:

Bettina Erhart / Christopher Wolf

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: Frankfurt / regulated dealing/prime standard
Berlin / free trade
Hamburg / free trade
Stuttgart / free trade
Düsseldorf / free trade
München / free trade