DGAP-Adhoc: BAUER Aktiengesellschaft: BAUER AG revises forecast due to weak business performance in first half of financial year

BAUER Aktiengesellschaft / Key word(s): Change in Forecast

01.08.2013 18:30

Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a company of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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Schrobenhausen, 1 August 2013 - BAUER Aktiengesellschaft (ISIN
DE0005168108) has had to adjust its forecast for the 2013 financial year
due to delays in major projects in the Construction area, reduced margins
in the Equipment segment and weaker than anticipated business in the
Resources segment.

At EUR -7.9 million, net profit for the period ending 30 June 2013 is below
the previous year's figure of EUR -2.8 million and less than expected.

BAUER Aktiengesellschaft therefore assumes that it will not be possible to
achieve the forecast given in the Annual Report. Up to now, total Group
revenues of more than EUR 1.5 billion, profit after tax of about EUR 30
million and EBIT of around EUR 85 million had been anticipated. The company
now expects to achieve total Group revenues of around EUR 1.5 billion, EBIT
amounting to about EUR 70 million and profit after tax of around EUR 20
million by the end of the year.

The very healthy order situation in the Construction area, an improving
order trend in the Equipment business as well as continuing good prospects
in the Resources segment give reason to be more optimistic about future
developments.

The final figures for the first half of the 2013 financial year will be
published by BAUER AG on 14 August 2013.

Additional information:
ISIN: DE0005168108, Bloomberg B5A
Official market / Prime Standard; Frankfurt Stock Exchange

Contact:
Contact
Christopher Wolf
Investor Relations
BAUER Aktiengesellschaft
BAUER-Strasse 1
86529 Schrobenhausen, Germany
Phone: +49 8252 97-1797
Fax: +49 8252 97-2900
investor.relations@bauer.de
www.bauer.de

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Language: English
Company: BAUER Aktiengesellschaft
BAUER-Straße 1
86529 Schrobenhausen
Germany
Phone: +49 (0)8252 97 1218
Fax: +49 (0)8252 97 2900
E-mail: investor.relations@bauer.de
Internet: www.bauer.de
ISIN: DE0005168108
WKN: 516810
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, Düsseldorf, Hamburg, Hannover, München, Stuttgart

End of Announcement DGAP News-Service

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