EANS-News: BAUER Aktiengesellschaft / BAUER AG ends year fully to plan and looking to return to growth in 2011

• Total Group revenues up 2.2 percent to EUR 1,304 million
• Profit
after tax of EUR 39.8 million (previous year: EUR 42.0 million) to
plan
• Orders received up 26.7 percent to EUR 1,410.0 million
(previous year: EUR 1,113.1 million)
• Forecast for 2011: Total
Group revenues up to EUR 1.4 billion and profit after tax up to over
EUR 45 million
• Proposed dividend stable at 0.60 EUR per share

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annual report/Annual Reports/annual result/Financial Figures/Balance
Sheet

Subtitle: • Total Group revenues up 2.2 percent to EUR 1,304 million
• Profit after tax of EUR 39.8 million (previous year: EUR 42.0
million) to plan • Orders received up 26.7 percent to EUR 1,410.0
million (previous year: EUR 1,113.1 million) • Forecast for 2011:
Total Group revenues up to EUR 1.4 billion and profit after tax up to
over EUR 45 million • Proposed dividend stable at 0.60 EUR per share

Schrobenhausen/Munich (euro adhoc) - International construction and
machinery manufacturing concern BAUER Aktiengesellschaft today
published its financial results for 2010. At the press conference in
Munich, Chairman of the Management Board Professor Thomas Bauer
stated that he was satisfied with the company's revenue and earnings
performance, which had been as expected.

Total Group revenues increased slightly, by 2.2 percent from EUR
1,276 billion to EUR 1,304 billion. Earnings before interest and
taxes (EBIT) went up by 4.7 percent to EUR 88.4 million (previous
year: EUR 84.4 million). Profit after tax was EUR 39.8 million
(previous year: EUR 42.0 million). The company has thus succeeded in
stabilizing its performance following significant declines in the
previous year. "The construction industry was one of the last sectors
to achieve turnaround following the financial crisis, and we have
made good use of opportunities as they have arisen on global
markets," Professor Bauer commented.

The Management Board and Supervisory Board will propose to the Annual
General Meeting that a stable dividend of EUR 0.60 per share be paid.
This would represent a total payout of EUR 10.3 million,
corresponding to around 30 percent of net earnings.

Business segments

The Group's strategy is focused on its well established international
network and on its organization into three segments: Construction,
Equipment and Resources.

Construction: Sales growth and positive trend

The Construction segment has proved to be a stabilizing element
through the ongoing financial crisis. Specialist foundation
engineering projects in the USA and in the fast-growing markets of
the Middle and Far East enabled it largely to balance out the
declines in the Equipment segment resulting from the weak economic
conditions. The segment's total Group revenues increased by 8.0
percent to EUR 615.4 million (previous year: EUR 570.0 million).
Segment EBIT rose by 11.9 percent from EUR 25.7 million to EUR 28.8
million.

Equipment: Markets in the Far East particularly successful

The Equipment segment was affected by customers' reluctance to invest
in new machinery. While demand for standard small and medium-sized
equipment continued to fall, Bauer was able to profit from its
leading position on the large specialist machinery market. The most
successful selling markets are in the Far East, where major
construction projects are being driven on strongly. As expected, the
segment's total Group revenues fell by 4.4 percent against the
previous year's level to EUR 581.7 million (previous year: EUR 608.5
million). Segment EBIT fell by 5.9 percent to EUR 48.3 million
(previous year: EUR 51.3 million).

Resources: Products and services for future growth markets in demand

The Resources segment increased its total Group revenues slightly
over the previous year, by 2.0 percent to EUR 177.7 million (previous
year: EUR 174.3 million). Segment EBIT increased substantially from
EUR 6.0 million to EUR 8.1 million. Opportunities for growth are
coming primarily from major long-term water supply and water
treatment projects in Jordan and Oman respectively. As a result, the
recently established segment, which supplies a wide range of products
and services relating to water, energy, mineral resources and
environmental technology, is well on the way to becoming a key
strategic pillar of the Group's business.

Orders in hand

A sign of discernible recovery on markets is the rising number of
orders being received: up 26.7 percent against the previous year to
EUR 1,410.0 million (previous year: EUR 1,113.1 million). Orders in
hand grew by a very positive 20.8 percent, reaching EUR 614.9 million
by the year-end (previous year: EUR 508.9 million) and indicating the
prospect of increased revenues in the current financial year.

Professor Thomas Bauer states: "The biggest opportunity for our
business is its international network, operating in all fields. Our
global presence enables us to identify wide-ranging opportunities on
local markets. We expect all three segments to show a positive trend
again over the coming years."

The future-oriented business of the Resources segment will profit
from the rapidly increasing worldwide demand for energy and mineral
resources, while the Construction and Equipment segments will gain
from major construction projects, especially in the Middle and Far
East.

Outlook

Professor Bauer is confident with regard to the Group's future
prospects: "Based on current estimates, we believe we can grow
between five and ten percent in 2011 and 2012. This year we are
looking to achieve total Group revenues of EUR 1.4 billion, and
increase our profit after tax above EUR 45 million."

It is likely that trends in the industry this year will return to the
normal patterns of earlier years, with the first quarter showing a
loss which is balanced out over the subsequent quarters.

Our full Annual 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 and related fields of activity. 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 around three quarters of its
total revenues outside of Germany. Employing some 9,100 people, the
Group's total revenues in 2010 were EUR 1.30 billion (previous year:
EUR 1.28 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 2010 (IFRS)

| |2009 |2010 |Change |
| |in EUR million |in EUR million | |
|Total Group revenues* |1,275.8 |1,304.0 |2.2 % |
|of which | | | |
|- Germany* |361.4 |339.1 |-6.2 % |
|- International |914.4 |964.9 |5.5 % |
|of which | | | |
|- Construction* |570.0 |615.4 |8.0 % |
|- Equipment* |608.5 |581.7 |-4.4 % |
|- Resources* |174.3 |177.7 |2.0 % |
|- Other/Consolidation* |-77.0 |-70.8 |n/a |
|Consolidated revenues* |1,226.0 |1,255.6 |2.4 % |
|Sales revenues |1,096.5 |1,131.7 |3.2 % |
|Orders received* |1,113.1 |1,410.0 |26.7 % |
|Orders in hand |508.9 |614.9 |20.8 % |
|(as per December of current | | | |
|year) | | | |
|EBITDA* |157.4 |165.5 |5.2 % |
|EBITDA margin (as % of sales |14.4 % |14.6 % |n/a |
|revenues)* | | | |
|EBIT |84.4 |88.4 |4.7 % |
|EBIT margin (as % of sales |7.7 % |7.8 % |n/a |
|revenues) | | | |
|Net profit or loss |42.0 |39.8 |-5.3 % |
|Shareholders' equity |401.9 |443.9 |10.4 % |
|Equity ratio in % |33.9 % |33.2 % |n/a |
|Earnings per share in EUR |2.28 |2.04 |-10.5 % |
|Employees (on average over the |8,872 |9,094 |2.5 % |
|year) | | | |

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.

* Previous year figures adjusted

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