DGAP-News: BAUER Aktiengesellschaft / Key word(s): AGM/EGM/Dividend BAUER Aktiengesellschaft: Annual General Meeting agrees on reduced dividend for 2012 27.06.2013 / 16:26 --------------------------------------------------------------------- - All proposed resolutions passed by large majorities - Dividend of EUR 0.30 per share resolved Schrobenhausen - Around 600 shareholders, shareholders' representatives and guests attended today's Annual General Meeting of BAUER Aktiengesellschaft at its headquarters in Schrobenhausen, Upper Bavaria. They passed all agenda items put to the vote by a large majority and thus lent their support to the proposals of the company management. The shareholders voted for a reduced dividend of EUR 0.30 per share (previous year: EUR 0.50 per share). As a result, a total of around EUR 5.14 million will be distributed, equivalent to a dividend ratio of some 21 percent based on profit after minority interest. In discharging the Management Board and Supervisory Board, the shareholders signalled their support of the corporate strategy. In his speech, Prof. Thomas Bauer reported on the difficult 2012 financial year and on the performance over the year to date. The Chairman of the Management Board of the SDAX-listed construction and equipment manufacturing concern is delighted at the healthy level of orders for construction business. Only two weeks ago, the company announced its biggest contract to date from its home market Germany, worth some EUR 47 million. As part of a joint venture it has been contracted to carry out the specialist foundation engineering works for the tunnels and retaining walls of the new double-tracked rail link between Hanau and Nantenbach, in the Spessart. The group started the 2013 financial year with a weak first quarter. The opening months were significantly affected by the poor weather and other disturbances, with the result that a number of projects were slow to get going or were delayed. The wait-and-see attitude among customers towards investments likewise depressed revenue for equipment, with the situation improving in the second quarter. It will therefore be necessary to make up considerable ground in the second half of the year if the full-year targets are to be achieved. Prof. Bauer voiced his optimism about the future, despite the sluggish start to 2013. 'In the Construction segment we have the highest orders in hand for many years, the niche strategy for the Equipment segment appears to be working even in such difficult times, and interesting challenges lie ahead internationally for Resources.' The results of the vote and the presentation by the Chairman of the Management Board can be found in the Investor Relations section of the website 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. The operations of the Group are 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 10,300 people, the Group's total revenues in 2012 were approximately EUR 1.45 billion (previous year: EUR 1.37 billion). BAUER Aktiengesellschaft has been listed on the official market of the Frankfurt Stock Exchange since July 4, 2006 (Prime Standard, ISIN DE0005168108). Visit us also on YouTube: http://www.youtube.com/BAUERGruppe Contact: Christopher Wolf Investor Relations BAUER Aktiengesellschaft BAUER-Strasse 1 86529 Schrobenhausen, Germany Phone: +49 8252 97-1797 Fax: +49 8252 97-2900 [email protected] www.bauer.de End of Corporate News --------------------------------------------------------------------- 27.06.2013 Dissemination of a Corporate News, transmitted by DGAP - a company of EQS Group AG. The issuer is solely responsible for the content of this announcement. DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------- 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: [email protected] 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 News DGAP News-Service --------------------------------------------------------------------- 218549 27.06.2013