euro adhoc: BAUER Aktiengesellschaft
Earnings Forecast
Bauer raises profit
forecast for 2007
Disclosure announcement transmitted by euro adhoc. The issuer is responsible for the content of this announcement.
24.10.2007
Schrobenhausen, October 24, 2007 - BAUER Aktiengesellschaft (ISIN DE0005168108) increases its profit guidance (net profit after interest and tax) for the current financial year 2007 from so far at least EUR 50 million to at least EUR 55 million (previous year EUR 35 million). The increase is due to the excellent business development that is anticipated for the third quarter as well as for the full year 2007 (January 1 until December 31, 2007) in particular in the Equipment segment. Guidance for total Group revenues for the full year remains presently unchanged at around EUR 1.2 billion (previous year EUR 980 million).
The company will publish a detailed interim report for the first nine months on November 14, 2007.
Additional information: ISIN: DE0005168108, Bloomberg B5A Official market / Prime Standard; Frankfurt Stock Exchange
end of announcement euro adhoc 24.10.2007 07:36:30
Further inquiry note:
Bettina Mestenhauser
Head of Investor Relations
Telefon: +49(0)8252 97 1918
E-Mail: investor.relations@bauer.de
Branche: Construction & Property
ISIN: DE0005168108
WKN: 516810
Index: CDAX, Classic All Share, Prime All Share, SDAX
Börsen: Börse Frankfurt / official dealing/prime standard
Börse Berlin / free trade
Börse Hamburg / free trade
Börse Stuttgart / free trade
Börse Düsseldorf / free trade
Börse München / free trade