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Bilfinger: Erstes Halbjahr hinter Erwartungen - Maßnahmen zur Kapazitätsanpassung und Kostensenkung - Wechsel im Vorstandsvorsitz

  • Erstes Halbjahr 2014 bleibt hinter Erwartungen zurück
  • Sondereffekte im Geschäftsfeld Power erfordern Anpassung der Prognose
  • Maßnahmen zur Kapazitätsanpassung und zur weiteren Kostensenkung eingeleitet
  • Positive Entwicklung im zweiten Halbjahr erwartet

Bilfinger trifft derzeit auf ein schwieriges wirtschaftliches Umfeld im Energiemarkt und im europäischen Öl- und Gassektor. Vor diesem Hintergrund und aufgrund zusätzlicher Projektbelastungen hat die Geschäftsentwicklung des Unternehmens die Erwartungen im ersten Halbjahr 2014, wie bereits Ende Juni angekündigt, nicht erfüllt.

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Bilfinger: Adjustment of 2014 Forecast and upcoming Change in Executive Board Chairmanship

The Executive Board of Bilfinger SE has decided today to reduce the forecast for financial year 2014 published on June 30, 2014. With an anticipated output volume of approximately €7.8 billion, the company now expects an adjusted EBITA in the magnitude of €340 to €360 million, a reduction of €40 million. Accordingly, adjusted net profit is now expected to be between €205 million and €220 million, a reduction of €25 million.

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Tender Documents released for the Norwegian Follo Line Project

The Norwegian National Rail Administration invites prequalified companies to participate in the tendering process concerning the EPC Oslo Central Station for the Follo Line Project. Companies have responded very positively regarding the contract “EPC Oslo Central Station” and the Follo Line Project in general. Both national and international companies are prequalified and have now received the tender documents.

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Bilfinger Technology for Austrian hydroelectric Power Plants

In its Piping Systems division, engineering and services group Bilfinger has won two new orders in Austrian hydroelectric power plants with a total volume of about €45 million. For Voralberger Illwerke AG, the Group is manufacturing and installing all pressure piping systems for the new Obervermunt II pumped storage power plant. At the Reißeck II hydroelectric power plant in Kärnten, which Bilfinger has been involved in from the start, the company has received a supplementary order.

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Bilfinger tests Steel Foundations for new Baltic Sea Offshore Wind Farm

The engineering and services group Bilfinger will test steel foundations for the Wikinger offshore wind farm project in the Baltic Sea on behalf of Spanish energy supplier Iberdrola. Beginning in 2016, a total of 70 wind turbines are planned to be installed in water depths of up to 42 meters North East of the German island of Rügen. The order for the manufacture, installation and testing of several test piles has a volume of nearly €20 million. Bilfinger will deliver the necessary steel foundations from its own production.

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Focus on core business – planned sale of significant parts of activities in the Construction business segment of Bilfinger

Bilfinger is intensifying its focus on its core business, which comprises engineering and services for industrial facilities, power plants and real estate. The engineering and services group therefore intends to part with significant portions of its civil engineering business which generated a volume of approximately € 800 million in 2013. The activities in the Construction business segment will be put up for sale.

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Bilfinger: Integration of the Subgroups in Bilfinger SE

  • Integration of the Subgroups into Bilfinger SE and consolidation of administrative functions
  • Number of employees to be reduced by 1,250 worldwide
  • Cost savings in the personnel area of €80 to €90 million as well as a reduction in non-personnel costs by an amount in the low to middle double-digit million range

In order to more intensively network its activities and leverage further synergy potentials, the international engineering and services group Bilfinger will integrate its Subgroup holdings into Bilfinger SE with effect from January 1, 2014.

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