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Hochtief with strong FY 2017 results, robust order book and a solid Tender Pipeline

  • FY 2017: EUR 421 million nominal net profit (+31% year on year)
  • Sales up 14% accompanied by strong cash flow
  • EUR 30.4 billion new orders (+23%)
  • Hochtief is well positioned in attractive and growing markets
    • Strong tender pipeline in our core markets USA, Canada, Asia-Pacific and Europe of close to EUR 500 billion in project work for 2018 and beyond
  • Guidance for 2018 confirmed: Operational net profit of EUR 470–520 million (+4% to 15%)
  • Annual General Meeting in Essen to vote on 30% dividend increase to EUR 3.38 per share
  • Next transformation of the Group is focused on using digital environments
    • Innovation centers planned in North America, Australia and Europe
    • Close cooperation with leading universities
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Bauer Resources GmbH with new dual Leadership

For three decades, Johann Mesch was at the top of Bauer Umwelt and, since 2010, of Bauer Resources GmbH. On April 1, he left his post and since then Peter Hingott (chair.) und Dr. Roman Breuer have formed the new dual leadership. But although he has definitely earned his retirement, Johann Mesch is not saying goodbye just yet. He has taken on interim management post for the Bauer Training Center GmbH and will remain available to take on special tasks from Bauer Resources.

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SMT Scharf on Growth Trajectory

According to the final business figures for 2017, SMT Scharf AG (WKN 575198, ISIN DE0005751986) has achieved significant growth in its revenue and results over the past fiscal year. SMT Scharf increased its consolidated revenue significantly by 22.6% to EUR 52.1 million (2016: EUR 42.6 million). At the same time, the company achieved an operating result (EBIT) of EUR 4.5 million (2016: EUR 2.5 million), which reflects growth of 84.2%. All in all, SMT Scharf raised its consolidated net profit substantially to EUR 4.0 million year on year (2016: EUR 1.5 million).

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SMT Scharf takes over Canadian Mining Specialist RDH Mining Equipment

SMT Scharf AG (WKN 575198, ISIN DE0005751986) has indirectly acquired an interest in 100 percent of the shares in RDH Mining Equipment, based in Alban, Canada, through its wholly-owned subsidiary SMT Scharf Corporation, also based on Alban, Canada. With this acquisition, SMT Scharf AG is further pursuing its corporate strategy and strengthening its market position as an integrated system provider in the underground logistics area. The purchase price amounts to around CAD 8.0 million (corresponding to approximately EUR 5.17 million).

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Remediation of the Kesslergrube Landfill in Germany: Bauer Umwelt starts regular Excavations

The remediation project on the former site of the Kesslergrube landfill (perimeter 1/3 northwest) began in late summer 2015. Roche Pharma AG commissioned Bauer Resources GmbH and Bauer Umwelt, which specializes in contamination remediation, to carry out the work. After the large diameter boreholes for the installation of a secant bored pile wall had been concluded by Bauer Spezialtiefbau GmbH last year and the air-tight, sound-insulated enclosure was completed at the beginning of October, the time had come: the regular excavations started after a short trial operation in December 2017. These are scheduled to be concluded by 2020.

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LIQUI MOLY schlüpft unter das Dach der Würth-Gruppe

  • Ernst Prost verkauft seine Unternehmensgruppe an den milliardenschweren Mischkonzern


LIQUI MOLY bekommt einen neuen Eigentümer. Zum Jahreswechsel verkauft der geschäftsführende Gesellschafter Ernst Prost seine Unternehmensanteile an die Würth-Gruppe. „Damit stelle ich den Fortbestand von LIQUI MOLY und Méguin für eine Zeit sicher, wenn ich selbst einmal nicht mehr am Steuerrad stehen sollte“, so Ernst Prost. Er bleibt weiter Geschäftsführer des Unternehmensverbunds.

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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
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K+S records higher Revenues and Earnings in the second Quarter 2017

  • Revenues: +1.4% to € 742 million; EBIT I almost doubled to € 29 million (Q2/2016: € 15 million)
  • Significant earnings increase in the Potash and Magnesium Products business unit
  • Efficient wastewater management system substantially improves production conditions at the Werra plant
  • Subdued demand for de-icing salt after mild winter in North America
  • Successful production start at the new Bethune potash mine
  • Outlook for 2017 reiterated: EBIT I of € 260-360 million expected
  • Assumptions for EBITDA target in 2020 not realistic anymore from the present point of view
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Changes to the Executive Board of Putzmeister Holding

The Supervisory Board of Putzmeister, the world's leading manufacturer of concrete pumps, mortar machines, mining equipment and thick matter pumps, hereby announces the termination of the contract with Dr. Karch by mutual consent. Following almost nine years as Managing Director of Putzmeister, Dr. Karch sees his task as fulfilled, after he assumed the role of CEO in 2013 at a time when the company was in a difficult economic situation.

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Rema Tip Top provides Maintenance and Service for the Rhenish Lignite Mining Area

 

Rema Tip Top provides services and products for three RWE Power open-pit mining sites in the Rhenish lignite mining area

RWE Power now exclusively relies on Rema Tip Top for the repair and maintenance of the steel cord conveyor belts in their conveyor systems, which transport millions of tons of coal and excavation material from the open-pit mining sites in the Rhenish lignite mining area every year. A new service contract covers services that are to be provided by 120 employees over a period of ten years on-site.

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