14.05.2018 BAUER Aktiengesellschaft  DE0005168108

DGAP-News: BAUER AG increases operating result in the first quarter


 
DGAP-News: BAUER Aktiengesellschaft / Key word(s): Quarterly / Interim Statement/Quarter Results BAUER AG increases operating result in the first quarter 14.05.2018 / 07:00 The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- - Total Group revenues were 17.3% less than the previous year with EUR 370.8 million; sales revenues decreased by 16.0% to EUR 318.4 million - EBIT improved by 30.6% to EUR 11.1 million (previous year: EUR 8.5 million); earnings after tax were EUR -5.8 million (previous year: EUR 3.9 million) - Order backlog at high level of EUR 1,036.0 million (previous year: EUR 1,044.3 million) - Full-year forecast confirmed Schrobenhausen - The BAUER Group showed a significant increase in EBIT for the first quarter. This was mainly a result of the Equipment segment, while the Resources segment recorded earnings below the previous year's level. As expected, the total Group revenues of EUR 370.8 million were 17.3% below the unusually good figure for the previous year (EUR 448.2 million). Sales revenues decreased by 16.0% to EUR 318.4 million. EBIT improved from EUR 8.5 million to EUR 11.1 million. Earnings after tax totaled EUR -5.8 million after EUR -3.9 million in the previous year, mainly due to negative currency effects. The order backlog for the period decreased by 0.8% year over year, and increased by 6.0% to EUR 1,036.0 million compared to the year-end 2017. Order intake decreased by 11.4% from EUR 484.4 million to EUR 429.0 million. Business segments With its three segments - Construction, Equipment and Resources - and its broadly diversified business model, the Group operates in more than 110 subsidiaries in some 70 countries around the world. In the Construction segment, there were slightly fewer large projects and the market in the Middle East developed moderately. Therefore, total Group revenues of EUR 150.9 million were 28.5% below the unusually high figure for the previous year (EUR 211.1 million). Nevertheless, EBIT increased from EUR 1.0 million to EUR 2.7 million. The order backlog decreased from EUR 578.3 million to EUR 511.3 million; it did however increase in comparison to the end of the year. The order intake in the segment decreased by 17.0% from EUR 204.1 million to EUR 169.5 million. Once again, the Equipment segment benefited further from continued growth in global construction markets. After the first three months, the total Group revenues were at a high level of EUR 180.9 million as in the previous year (EUR 186.7 million). Sales revenues increased slightly by 1.5% from EUR 126.7 million to EUR 128.6 million. EBIT increased significantly: it climbed from EUR 7.9 million in the previous year to EUR 14.2 million. These results are attributed to high sales levels and continued good delivery figures for equipment. The order intake increased again by 7.1% from EUR 211.5 million to EUR 226.6 million and led to a growth of the order backlog from EUR 168.8 million to EUR 195.1 million. The Resources segment started off moderately like the Construction segment with major projects expected to lead to a recovery in the course of the year. At EUR 51.7 million, the total Group revenues were 18.1% lower than the previous year (EUR 63.1 million). EBIT decreased from EUR -0.1 million to EUR -5.7 million. The segment is still in a phase of stabilization after many reorganization measures. At EUR 45.5 million, order intake was significantly lower than the previous year's intake of EUR 81.5 million. Nevertheless, the order backlog developed positively. It grew by 10.9 % to EUR 329.6 million. This is mainly attributable to the large-scale project for the expansion of the reed bed treatment plant in Oman. This contract is worth about EUR 160 million and is not fully included in the order backlog due to the long duration of the project. Outlook The company confirms its full-year forecast provided at the annual press conference in April. This forecasts total Group revenues of about EUR 1.8 billion and EBIT of around EUR 90 million. Earnings after tax are expected to be significantly higher than in the previous year. "We intend to sustainably strengthen the success of our operating business from the previous year", said Prof. Thomas Bauer, Chairman of the Management Board of BAUER Aktiengesellschaft. "In addition, we are working on implementing further improvement measures and further increasing our earnings figures on that basis." The full quarterly statement is available online at http://www.bauer.de. About Bauer The BAUER Group is a leading provider of services, equipment and products related to ground and groundwater. With over 110 subsidiaries, Bauer operates a worldwide network on all continents. The operations of the Group are divided into three future-oriented segments with high synergy potential: Construction, Equipment and Resources. The Construction segment offers new and innovative specialist foundation engineering services alongside the established ones, and it carries out foundation and excavation work including cut-off walls and ground improvements on a worldwide basis. Bauer is a global market leader in the Equipment segment and provides a full range of equipment for specialist foundation engineering as well as for the exploration, mining and extraction of natural resources. In the Resources segment, Bauer focuses on highly innovative products and services in the areas of water, environment and mineral reserves. Bauer benefits greatly from the collaboration between its three separate segments, enabling the Group to position itself as an innovative, highly specialized provider of products and services for demanding projects in specialist foundation engineering and related markets. Bauer therefore offers appropriate solutions for the world's major challenges, such as urbanization, growing infrastructure needs, the environment, and water, oil and gas. The BAUER Group was founded in 1790 and is based in Schrobenhausen, Bavaria. In 2017 it employed some 11,000 people in around 70 countries and achieved total Group revenues of EUR 1.8 billion. BAUER Aktiengesellschaft is listed in the Prime Standard of the German stock market. More information can be found at http://www.bauer.de. GROUP KEY FIGURES January - March 2018 (IFRS) 2017* 2018 Chang- e in EUR in EUR million million Total Group revenues 448.2 370.8 -17.3- % of which - Construction 211.1 150.9 -28.5- % - Equipment 186.7 180.9 -3.1% - Resources 63.1 51,7 -18.1- % - Other/Consolidation -12.7 -12.7 n/a Sales revenues 379.0 318.4 -16.0- % Order intake 484.4 429.0 -11.4- % Order backlog 1,044.3 1,036.0 -0.8% EBITDA 30.5 33,2 +9.0% EBIT 8.5 11,1 +30.6- % Earnings after tax -3.9 -5,8 n/a Total assets 1,765.2 1,655.8 -6.2% Equity 431.9 405,0 -6.2% Employees (average number during the 10,854 10,877 +0.2% year) * The previous year's figures were adjusted; see 2017 Annual Report, page 93. 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 --------------------------------------------------------------------------- 14.05.2018 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at 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: investor.relations@bauer.de Internet: www.bauer.de ISIN: DE0005168108 WKN: 516810 Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange End of News DGAP News Service --------------------------------------------------------------------------- 685075 14.05.2018


Die wichtigsten Finanzdaten auf einen Blick
  2013 2014 2015 2016 2017 2018 2019 2020e
Umsatzerlöse1 1.404,17 1.375,68 1.378,99 1.396,88 1.667,86 1.589,09 1.470,92 1.500,00
EBITDA1,2 124,00 171,00 185,10 158,39 182,55 198,62 123,05 140,00
EBITDA-Marge3 8,83 12,43 13,42 11,34 10,95 12,50 8,37 9,33
EBIT1,4 32,08 76,43 90,72 68,35 89,57 100,06 22,48 60,00
EBIT-Marge5 2,28 5,56 6,58 4,89 5,37 6,30 1,53 4,00
Jahresüberschuss1 -19,43 15,73 28,99 14,41 3,67 24,09 -36,55 5,00
Netto-Marge6 -1,38 1,14 2,10 1,03 0,22 1,52 -2,48 0,33
Cashflow1,7 45,44 115,40 32,43 124,88 183,33 147,44 168,88 0,00
Ergebnis je Aktie8 -0,99 0,85 1,73 0,66 0,16 1,32 -2,17 0,25
Dividende8 0,00 0,15 0,15 0,10 0,10 0,10 0,00 0,00
Quelle: boersengefluester.de und Firmenangaben

  Geschäftsbericht 2019 - Kostenfrei herunterladen.  
1 in Mio. Euro; 2 EBITDA = Ergebnis vor Zinsen, Steuern und Abschreibungen; 3 EBITDA in Relation zum Umsatz; 4 EBIT = Ergebnis vor Zinsen und Steuern; 5 EBIT in Relation zum Umsatz; 6 Jahresüberschuss (-fehlbetrag) in Relation zum Umsatz; 7 Cashflow aus der gewöhnlichen Geschäftstätigkeit; 8 in Euro; Quelle: boersengefluester.de

Wirtschaftsprüfer: PricewaterhouseCoopers

INVESTOR-INFORMATIONEN
©boersengefluester.de
Bauer
WKN Kurs in € Einschätzung Börsenwert in Mio. €
516810 9,490 Halten 162,57
KGV 2021e KGV 10Y-Ø BGFL-Ratio Shiller-KGV
14,60 16,47 0,873 18,46
KBV KCV KUV EV/EBITDA
0,43 0,96 0,11 6,635
Dividende '19 in € Dividende '20e in € Div.-Rendite '19e
in %
Hauptversammlung
0,00 0,00 0,00 25.06.2020
Q1-Zahlen Q2-Zahlen Q3-Zahlen Bilanz-PK
13.05.2020 13.08.2020 13.11.2020 09.04.2020
Abstand 60Tage-Linie Abstand 200Tage-Linie Performance YtD Performance 52 Wochen
1,65% -14,78% -37,15% -31,92%
    
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