Bauer AG remains on Course after the third Quarter

  • Total Group revenues rose by 22.0% to EUR 1,398.1 million; sales revenues increased by 27.5% to EUR 1,265.6 million
  • Total Group revenues rose by 22.0% to EUR 1,398.1 million; sales revenues increased by 27.5% to EUR 1,265.6 million
  • EBIT improved to EUR 48.9 million (previous year: EUR 38.0 million) and earnings after tax to EUR 6.9 million (previous year: EUR -4.0 million)
  • Order backlog with EUR 977.3 million at high level (previous year: EUR 1,019.0 million)
  • Forecast for 2017 confirmed

Bauer AG has a significant Revenue Increase in the first Half of 2017

  • Total Group revenues increased by 21.1% to EUR 916.4 million; sales revenues grew by 27.8% to EUR 830.2 million
  • EBIT increased by 39.7% to EUR 25.7 million (previous year: EUR 18.4 million); earnings after tax are already positive at EUR 0.1 million (previous year: EUR -7.9 million)
  • Order backlog with EUR 1,044.7 million (previous year: EUR 1,010.2 million) still at a high level.
  • Forecast for total Group revenues raised from about EUR 1.7 billion to about EUR 1.8 billion.

Q1: Hochtief increases Net Profit by 40%

  • EUR 93 million operational net profit (+30% year on year), EUR 88 million nominal net profit (+40%)
    • Operational PBT margin at 3.8%, +20 bps yoy
  • Over EUR 100 million year on year improved net cash from op. activities
    • EBITDA cash conversion rate remains very high at 108% in last twelve months
    • Further reduction in seasonally typical cash outflow
  • EUR 341 million net cash position significantly positive (+ EUR 317 million yoy)
    • Net cash would stand at approximately EUR 1 billion, if adjusted for net investments and dividends in the last twelve months
  • EUR 45 billion order backlog (+23% yoy)
    • Order backlog at highest level since transformation initiated; +13% yoy excluding UGL
    • All divisions show double-digit yoy increases in order backlog
    • New orders rose to EUR 7.4 billion (+18% yoy)
  • First rating for the Group: BBB investment grade by Standard & Poor’s
  • Guidance confirmed: Operational net profit for 2017 of EUR 410–450 million (+13% to 25% yoy)

Bauer AG has started to turn its Business Operations around in 2016

  • Total Group revenues are EUR 1,586.1 million (previous year: EUR 1,656.4 million); sales revenues are up by 1.3 % to EUR 1,396.9 million (previous year: EUR 1,379.0 million)
  • Earnings after tax at EUR 14.4 million (previous year: EUR 29.0 million) are towards the top of the latest forecast range of about EUR 10 to 15 million
  • Order backlog is at a high level: growth of 1.3 % to EUR 1,008.1 million
  • Proposed dividend for 2016: EUR 0.10 per share
  • Forecast for 2017: Group expects total Group revenues of around EUR 1.7 billion, earnings after tax of around EUR 23 to 28 million and EBIT of around EUR 75 million.

SMT Scharf Earnings up in FY 2016

SMT Scharf AG (WKN 575198, ISIN DE0005751986) improved its operating earnings by 8.7% to EUR 2.5 million in the fiscal year elapsed (2015: EUR 2.3 million). As expected at the start of 2016, revenue of EUR 42.6 million was tangibly below the previous year's level (2015: EUR 50.3 million). The Group achieved an EBIT margin of 5.9% (2015: 4.6%) on total operating revenue of EUR 42.2 million (2015: EUR 50.0 million). At the bottom line, SMT Scharf achieved a further year-on-year improvement in consolidated net income to EUR 1.9 million (2015: EUR 1.5 million).


SMT Scharf boosts Profitability on reduced Revenue

SMT Scharf AG is reporting a considerable improvement in its operating results during the first months of the current fiscal year. The declining revenue trend at the start of the year stabilised in the third quarter, reflecting robust service business offsetting reductions in new equipment business.


Successful 2015 for Implenia

Operating income higher than previous year on comparable basis | Significantly higher operating cash flow | Dividend payment increased to CHF 1.90 | Order book at record level | Confident outlook


Thiess awarded Contract at Mt Owen Mine in Australia

Cimic Group’s global mining contractor, Thiess, has been awarded a contract with revenue of $760 million to operate Glencore’s Mt Owen Coal Mine. The agreement extends on Thiess’ 20-year involvement at the mine, which is located near Ravensworth in the Hunter Valley, NSW.


Hochtief significantly increases operational Profit

  • Operational net profit in 9M 2015 up by 45% to EUR 190 million
    • Hochtief Group guidance for 2015 confirmed
    • Operational PBT margin rises from 2.3% to 2.8%
    • All divisions contributed to the improvement
  • New orders grow by 8% year on year, order book stable at over EUR 35 billion
  • Over EUR 900 million of free operating cash flow in last twelve months
    • Operational cash flow of EUR 434 million in 9M 2015 represents a year on year improvement of about EUR 360 million
  • Net cash position improved by over EUR 930 million year on year to EUR 139 million

Hochtief: strong Improvement in Profits and in Cash Flow

Strong operational earnings growth (+35%) in H1 2015

  • Operational net profit increased by 35% to EUR 129 million, compared with EUR 95 million in H1 2014 (nominal: EUR 108 million, +7%)
  • Operational EBT margin rises from 2.2% to 2.9%
  • Earnings improve across all divisions

Robust order book at over EUR 37 billion

  • New orders up 16% in H1 2015
  • Strong new order intake at EUR 7.1 billion in Q2 2015

Significant cash flow improvement, over EUR 430 million yoy

  • Over EUR 100 million of operating cash inflow in H1 2015 vs. EUR 332 million outflow in H1 2014
  • Cash flow from operations turns positive in H1 for the first time in several years

Net cash position (EUR 133 million) improved by EUR 1.3 billion yoy

Hochtief Group guidance for 2015 confirmed


Ronnie Leten comments on Atlas Copco’s Q2 2015

Atlas Copco, a leading supplier of sustainable productivity solutions, reported solid results for the second quarter, including a record operating profit. The service business continued to grow and the order intake in Europe improved. The overall demand for the Group is expected to increase somewhat in the near term.

Subscribe to this RSS feed Real PR Trust