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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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Leading Edge Materials initiates Exploration Alliance focused on Battery Materials in Romania

Leading Edge Materials Corp. (“Leading Edge Materials”) or (“the “Company”) is pleased to report the initiation of an exploration alliance focused on lithium ion battery materials in Romania. The exploration alliance has highlighted cobalt and lithium opportunities, for which secure tenure is now being sought (the “Exploration Area”)

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Bauer AG is planning a Change in the Position of the Chairman of the Management Board and on the Supervisory Board

Bauer Aktiengesellschaft (ISIN DE0005168108) is planning an important change in the company's management structure. After 24 years as Chairman of the Management Board of Bauer AG and 32 years at the head of the Bauer Group, Prof. Thomas Bauer now wishes to pass on the management of the company to younger hands and thereby to leave the Management Board.

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