BAUER Aktiengesellschaft: BAUER AG adjusts its forecast for the end of the year

DGAP-Ad-hoc: BAUER Aktiengesellschaft / Key word(s): Change in Forecast BAUER Aktiengesellschaft: BAUER AG adjusts its forecast for the end of the year 18-Sep-2019 / 18:22 CET/CEST Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. Schrobenhausen - BAUER Aktiengesellschaft (ISIN DE0005168108) has to adjust its forecast for the financial year 2019 due to lowered expectations compared with the corporate planning. Poor capacity utilization, mainly due to project postponements, will lead to significantly worse earnings in some countries of our international construction business in the second half of the year compared to the previous planning. In addition, the development of interest rates for pension provisions and interest rate hedges has led to considerable balance sheet burdens. Up to now, total Group revenues of about EUR 1.7 billion, EBIT of about EUR 95 million and earnings after tax significantly higher than in the previous year had been anticipated for the financial year 2019. From today's perspective, the company expects to achieve EBIT of about EUR 70 million. The earnings after tax will only be slightly positive. The forecast for total Group revenues of about EUR 1.7 billion remains unchanged. From today's perspective, the reasons for the deterioration in earnings have no significant impact on future development.   The method of calculating the total Group revenues can be found in the appendix of the 2018 Annual Report on page 115: https://www.bauer.de/export/shared/documents/pdf/investor_relations/annual_report/annual_report_2018_en_i.pdf Contact: Contact Christopher Wolf Investor Relations BAUER Aktiengesellschaft BAUER-Strasse 1 86529 Schrobenhausen, Germany Phone: [phone] Fax: [phone] [e-mail] www.bauer.de 18-Sep-2019 CET/CEST 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:	[phone]
Fax:	[phone]
E-mail:	[e-mail]
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
EQS News ID:	876091

End of Announcement	DGAP News Service

876091  18-Sep-2019 CET/CEST