IR presentation Q1/2014 - BAUER · 2020-06-04 · 16-11-14 IR-Presentation_Q3_2016 © BAUER AG,...

© BAUER AG, D-86529 Schrobenhausen 16-11-14 IR-Presentation_Q3_2016

BAUER AG

Remediation of Kesslergrube landfill – Germany © Source: Press picture Roche

Group Presentation 9M/Q3 2016

© BAUER AG, D-86529 Schrobenhausen 16-11-14 IR-Presentation_Q3_2016 2

Key Figures 9M 2016

9M 2015 in EUR million

9M 2016 in EUR million

∆ 9M in %

Total Group revenues, of which - Germany - International - Construction - Equipment - Resources

- Other/Consolidation

1,194.9 356.5 838.4 564.4 496.6 177.2

-43.3

1,146.3 384.5 761.8 516.4 465.7 205.4

-41.2

-4.1 % +7.9 % -9.1 % -8.5 %

-6.2 % +15.9 %

n/a

Sales revenues 1,018.8 992.6 -2.6 % Order intake 1,449.8 1,169.6 -19.3 % Order backlog 1,017.6 1,019.0 +0.1 % EBITDA 107.0 104.6 -2.3 % EBIT 36.4 38.0 +4.4 % EBIT margin in % (of sales revenues) 3.6 3.8 n/a Earnings after tax -2.7 -4.0 n/a Earnings per share in EUR -0.24 -0.40 n/a Equity ratio in % 24.5 24.2 n/a Number of employees (average over the year) 10,679 10,662 -0.2 %


Total Group revenues at the end of the third quarter 2016 were EUR 1,146.3 million, down 4.1% versus the previous year (EUR 1,194.9 million). Sales revenues decreased by 2.6 % to EUR 992.6 million. EBIT increased by 4.4 % from EUR 36.4 million to EUR 38.0 million year-on-year. Earnings after tax were EUR -4.0 million (previous year: EUR -2.7 million).

Total Group revenues for the Construction segment were 8.5 % lower year-on-year at EUR 516.4 million. EBIT grew by 1.7 % to EUR 12.6 million. The key figures were negatively impacted above all by financial burdens from Malaysia and Hong Kong attributable to long delays and resulting significant order shortages. Moreover, there were delays in starting our major projects in the first half 2016.

Sales revenues of the Equipment segment fell by 5.8 % from EUR 367.3 million to EUR 346.0 million. EBIT is EUR 22.8 million, which is 7.3 % less than the previous year's EUR 24.6 million. When comparing the results, it should be considered that there was an extraordinary income item in the third quarter 2015. The year-on-year improvement in the operating result is mainly due to the delivery of some large and special rigs.

Total Group Revenues of the Resources segment amounted to EUR 205.4 million, 15.9 % up year-on-year (EUR 177.2 million). EBIT amounted to EUR 3.4 million (previous year: EUR -1.2 million). The segment's performance at the beginning of the year was considerably better than last year, mainly due to major projects in the environmental business.

Order backlog of the Group is EUR 1,019.0 million (previous year: EUR 1,017.6 million). This growth compared to earlier years is mainly due to the Construction and Resources segments.

Order shortages and delays in the Construction segment led to financial impacts. As a result, we were obliged to adjust our forecast 2016: total Group revenues of slightly less than EUR 1.65 billion, EBIT of around EUR 65 million and earnings after tax of around EUR 10 to 15 million.

Main topics

Key Figures 9M 2016


Table of Content

BAUER Group – Strategy, Chances & Markets

Appendix

Financials Q3/9M 2016 & Guidance


The BAUER Group is a leading provider of services, equipment & products dealing with ground and groundwater.

Mission

Strategy

The world is our market.

Global network organization with flexible, decentralized management.

Three forward-looking segments providing high level of synergies: Construction, Equipment, Resources

World market leadership for foundation technology.

Powerful development of drilling applications and services for related markets.

Highly innovative products and services related to water, environment and natural resources.

Bagatelle Dam project – Mauritius

BAUER Group Mission & Strategy

EUR 1.66 billion total Group revenues EUR 90.7 million EBIT 6.6 % EBIT margin 27.2 % equity ratio 10,738 employees FY 2015

Key targets

Revenue growth: 3 - 8 % per year

EBIT margin: 7 - 9 %

Equity ratio: > 30 %


BAUER Group The three segments

Construction Equipment Resources

Market leader in specialist foundation equipment

New products for mining, deep drilling and offshore drilling

80 % of sales abroad

Full year 2015:

43 % of total Group revenues *

EBIT margin: 18.1 % *

Key targets:

~ 40 % of total Group revenues


Global provider for specialist foundation engineering services

Focus on complex, international projects

~ 50/50 infrastructure / industrial

Full year 2015:


EBIT margin: 2.1 % *

Key targets:



Products & services related to water, environment and natural resources.

Service provider for the oil, gas and mining industry

Full year 2015:


EBIT margin: n/a *

Key targets:



* Figures include positive and negative exceptional earnings in all segments

© BAUER AG, D-86529 Schrobenhausen 16-11-14 IR-Presentation_Q3_2016 7 Note: from 2003 based on IFRS figures

Total Group Revenues Longstanding healthy business development in EUR million (segment after deducting Other/Consolidation)

Equipment 705

Construction Overseas 551

Total 1,656

Construction Domestic 182

Resources 218

1,600

1,000

1,400

800

600

200

0 1980 1983 1985 1987 1997 1999 2001 2003 2005 2007 1991 1989 1993 1995 2009 2011 2013 2015

1,200

400

1,800


Permanent Offices: Construction Equipment sales Resources Equipment production

Schrobenhausen 2.027

Kuala Lumpur 129 Conroe 156 Tianjin 215

Worldwide network More than 110 subsidiaries in about 70 countries


BAUER Group Challenges of the world provide chances for the company

Urbanization Infrastructure Water

Environment Energy / Oil & Gas Values

The megatrend urbanization leads to more complex inner-city solutions

High demand for new infrastructure and for restoration of existing structures

Changing social values influence the working and corporate environment

The pollution and contamination of soil require innovative purification solutions

Energy and resource scarcity provide chances for underwater and deep drilling

The shortage of clean drinking water is one of the worlds biggest problems


BAUER Group Solutions for the biggest challenges and megatrends

Urbanization & Infrastructure

Water

Environment

Energy / Oil & Gas

Leading position in special foundation engineering.

Global activities with presence in over 50 countries worldwide.

Construction Equipment

Resources

Market leader in specialist foundation equipment.

Focus on specialized and high-end equipment.

Construction Innovative construction

methods and services with a special focus on environmental issues.

Extensive solutions in the field of decontaminating polluted ground and groundwater and for remediation works.

Equipment Resources Longstanding experience in

the manufacture of well drilling rigs.

Innovative products and services for wells and for cleaning of drinking and process water.

Equipment Resources Customized solutions for

deep drilling, which set new standards of safety, efficiency, productivity and service.

Comprehensive service provider for clients in the exploration and mining fields.


BAUER Group Chances

Construction Equipment Resources

Growth potential in new markets and with specialized machines.

Manufacture of customized deep drilling solutions, which set new standards of safety, efficiency, productivity and service.

Powerful duty-cycle crane series, which entered new markets.

Innovative offshore equipment for the foundation of wind farms and tidal turbines.

Growing construction markets worldwide.

Huge pent-up demand in developed countries and in emerging markets.

Specialist foundation grows somewhat stronger than construction markets.

Construction segment with considerable number of major projects currently under construction and tendered for worldwide.

Full-service provider for products and solutions related to water.

Ground-breaking projects in the field of cleaning drinking and process water, e.g. a biological water treatment plant in Oman.

Promising opportunities due to its focus on growth markets water, environment and natural resources.

High expertise in exploration and mining services for the resources water, oil, gas and geothermal energy.


World construction markets Bauer market potential

USA / Canada: public demand, power plants, dams, etc.

+

Other Americas: several chances in Central America

Africa: slight construction activities, regional growth (Ethiopia, Algeria); demand for water and resources

o Far East: positive development in all areas, especially Hongkong, Malaysia, Indonesia

+

Western Europe: weak markets o

Germany: quite good + Eastern Europe:

slowly positive development

Russia: Crisis regarding Ukraine; difficult to predict.

Middle East: stable, especially Qatar Abu Dhabi, Saudi Arabia; increasing risk regarding oil price

Central Asia: good market potentials +

-- weak - slightly weak o stable + growing ++ strong growth

o -

o

Last update: November 2016

o

© BAUER AG, D-86529 Schrobenhausen 16-11-14 IR-Presentation_Q3_2016

China

Source: International Monetary Fund, World Economic Outlook Database, October 2016 * CIS = Commonwealth of Independent States (incl. Georgia; excl. Russia)

United States

Brazil

CIS*

Germany

Middle East & North Africa

Sub-Saharan Africa

World Advanced Economies

Emerging Markets & Develop. Economies

Russia

Australia

2016 2017

2016 2017

2016 2017

2016 2017 2016 2017 2016 2017

2016 2017

2016 2017

2016 2017

2016 2017

2016 2017

2016 2017

2016 2017

2016 2017

2016 2017

Developing Asia

Latin America

1.6 1.8 3.1 3.4 4.2 4.6

-0.6 1.6

-0.3 1.4

6.5 6.3

-0.8 1.1

6.6 6.2

2.9 2.7

1.6 2.2

-3.3 0.5

1.7 1.5

1.7 1.4

1.4 2.9

3.4 3.4

Europe

13

Global economic situation IMF projection of the real annual GDP growth in %


Table of Content


Appendix



1,800

1,350

900

450

0

2015 2016 2014 2013

Q1

Q2

Q3

Q4

349

456

351

329

1,485

Financials Revenues, earnings & orders – Group

Revenues

Earnings

Order backlog

Order intake

in EUR million

in EUR million in EUR million

in EUR million Total Group revenues Sales revenues

EBIT Earnings after tax

334

424

421

342

1,521 +2.5 % 100

75

50

25

0

-25

1,000

750

500

250

0

494

+19.1 %

405

550

1,811

362

2015 9M 2015 2014 2013 9M 2016

1,195 1,019

1,146 993

1,504 1,402

1,560 1,376

1,656

1,379

2015 9M 2015 2014 2013 9M 2016

765.2

995.6

762.7

1,019.0

389

-19.3 %

30.1

76.4

-19.4 15.7

36.4

-2.7

2015 9M 2015 2014 2013 9M 2016

90.7

29.0 38.0

-4.0 383

1,017.6

398


Revenues

Earnings

Financials Revenues, earnings & orders – Segments

Order intake

Order backlog

in EUR million

in EUR million in EUR million

in EUR million Construction Resources Equipment Construction Resources Equipment

9M 2016 9M 2015

698 503

-27.9 %

-1.9 % 498 488

298

219

-26.4 %

1,450

1,170

Construction Resources Equipment

9M 2016 9M 2015

584 578 -1.1 %

-5.7 % 160 151

274 290 +6.1 %

1,018 1,019

Construction Resources Equipment

Order book (in months)

Group

Construction

Equipment

Resources

7.7

9.3

2.7

15.7

The totals include Other/Consolidation

Q3 2015 Q3 2016

551

398

188 228

163 166

62

-17.6 %

-1.8 %

n/a 175

564 516 -8.5 %

-6.2 % 497 466

177 205

+15.9 % 1,195 1,146

9M 2016 9M 2015 Q3 2015 Q3 2016

195 185

163 153

75 66

-5.1 %

-6.1 %

-11.6 % 414

389

EBIT 2.0 7.3 12.4 12.6

EBIT margin (in %) 1.1 4.5 2.5 2.7

EBIT 16.2 9.4 24.6 22.8

EBIT margin (in %) 12.5 7.7 6.7 6.6

EBIT 2.0 3.5 -1.2 3.4

EBIT margin (in %) 3.0 6.2 n/a 1.9

9M 2015 Q3 2016 Q3 2015 9M 2016


Financials Regional breakdown – Total Group revenues 9M 2016 in EUR million

Total 1,146

in EUR million

Africa 77 (4 %) Americas 297 (18 %)

Asia-Pacific, Far East & Australia 348 (21 %)

Middle East & Central Asia 227 (14 %)

Germany 474 (29 %)

EU excl. Germany 162 (10 %)

Europe (other) 71 (4 %)

Total 1,656

Full year 2015

Africa 66 (6 %)

Americas 158 (14 %)



Germany 384 (34 %)



© BAUER AG, D-86529 Schrobenhausen 16-11-14 IR-Presentation_Q3_2016 18 Figures after deducting Other/Consolidation

Financials Regional breakdown – Segments 9M 2016

in EUR million Total 505 Total 438 Total 203

Construction segment Equipment segment Resources segment

Africa 46 (9 %)

Americas 53 (11 %)



Germany 153 (30 %)



Africa 12 (3 %)

Americas 95 (22 %)



Germany 98 (22 %)



Africa 8 (4 %) Americas 10 (5 %)



Germany 133 (66 %)




Financials Working capital needs & net debt

Net financial debt & pensions

Net

fina

ncia

l de

bt

Pens

ions

Net working capital

800

600

400

200

0

in EUR million

in EUR million

Bauer’s business model with its three segments requires considerably more working capital than other companies in construction markets. Changes during the year: - Levels of working capital in the balance sheet during

the year are typically higher than year-end positions.

Construction segment:

- Construction contracts with short duration need approx. 2 - 3 months pre-financing (no advance payments, no front-loading of prices possible, comparably long time needed for final account settlement).

- On some jobs collection of money takes long time due to disputes with the customer. Bad payment is frequently used by customers to achieve reductions in final payments. This can cause law cases.

Comparison with main contractor: they can finance their company by a positive cash flow from jobs.

2013 2014 2015 9M 2015 9M 2016

605 604 629 700 684

2013 2014 2015 9M 2015

84

672 646 665

119

749 736

112

9M 2016

115 143


Building construction positive cash contribution

Specialist foundation engineering pre-financing need

Financials Working capital needs & cash flow

EUR

12 24 months

Positive cash contribution

Negative cash contribution

Con

trac

t val

ue

EUR

Negative cash contribution

12 24 months

Con

trac

t val

ue

Equipment segment:

- Due to very special parts being installed, parts need to be pre-ordered well in advance approx. 3 months pre-financing of equipment during production.

- Spare parts store is needed for large customer base.

- A relatively large rental fleet is needed for different contract types (e.g. rental purchase).

- Deep drilling rigs add large numbers in value.

Resources segment:

- A mixture of the Construction and Equipment segments.


Financials Income statement 9M 2016 in EUR '000 9M 2015 9M 2016 ∆ in %

Sales revenues (P&L) 1.018.818 992.552 -2,6%

Consolidated revenues (P&L) 1.134.782 1.084.705 -4,4%

Cost of materials -549.680 -531.816 -3,2%

Personel expenses -280.915 -275.177 -2,0%

Other operation expenses -197.146 -173.083 -12,2%

EBITDA 107.041 104.629 -2,3%

Depreciation of fixed assets -61.022 -55.037 -9,8%

Write-downs of inventories due to use -9.638 -11.576 20,1%

EBIT 36.381 38.016 4,5%

Financial income 3.261 3.604 10,5%

Financial expenses -30.422 -31.590 3,8%

Share of profit/loss of associated companies (equity method) 1.450 -1.034 n/a

Earnings before tax (EBT) 10.670 8.996 -15,7%

Income tax expense -13.321 -12.983 -2,5%

Earnings after tax -2.651 -3.987 n/a

of which attributable to shareholders of BAUER AG -4.197 -6.827 n/a

of which attributable to non-controlling interests 1.546 2.840 83,7%


Financials Balance sheet September 30, 2016 in EUR '000 Sep. 30, 2015 Sep. 30, 2016 ∆ in %

Assets 1.710.720 1.706.651 -0,2%

A. Non-current assets 596.085 613.500 2,9%I. Intangible assets 31.228 24.653 -21,1%

II. Property, plant and equipment and investment property 443.993 391.222 -11,9%

III. Investments accounted for using the equity method 52.953 128.140 n/a

IV. Participations 3.613 3.457 -4,3%

V. Other non-current assets & deferred tax assets 64.298 66.028 2,7%

B. Current assets 1.114.635 1.093.151 -1,9%I. Inventories 470.236 500.709 6,5%

II. Receivables and other assets 593.760 534.507 -10,0%

III. Effective income tax refund claims 1.599 3.127 95,6%

IV. Cash and cash equivalents 49.040 38.636 -21,2%

V. Assets classified as held for sale 0 16.172 n/a

Equity and liabilities 1.710.720 1.706.651 -0,2%

A. Equity 419.495 412.588 -1,6%B. Non-current debt 542.782 595.508 9,7%I. Provisions for pensions 109.457 140.320 28,2%

II. Non-current liabilities & deferred tax liabilities 433.325 455.188 5,0%

C. Current debt 748.443 698.555 -6,7%I. Financial liabilities 385.068 352.912 -8,4%

II. Other current liabilities 330.267 315.208 -4,6%

III. Effective income tax obligations 14.885 12.515 -15,9%

IV. Provisions 18.223 17.920 -1,7%


Financials Cash flow statement 9M 2016 in EUR '000 9M 2015 9M 2016 ∆ in %

Cash flow from operational activity -39.143 9.468 n/a

Cash flow from investment activity -39.176 -34.044 -13,1%

Cash flow from financing activity 84.874 18.497 -78,2%

Free Cash Flow -78.319 -24.576 -68,6%

Changes in liquid funds affecting payments 6.555 -6.079 n/a

Influence of exchange rate movements on cash 650 -2.691 n/a

Total change in liquid funds 7.205 -8.770 n/a

Cash and cash equivalents at beginning of reporting period 41.835 47.406 13,3%

Cash and cash equivalents at end of reporting period 49.040 38.636 -21,2%


Guidance 2016 Lower key figures than expected

2015e 2015 final 2016e

Total Group Revenues ~ 1,600 EUR million 1,656 EUR million slightly below 1,650 EUR million

EBIT ~ 75 EUR million 90.7 EUR million ~ 65 EUR million

Earnings after tax ~ 18 – 23 EUR million 29.0 EUR million ~ 10 – 15 EUR million

Bagatelle dam – Mauritius Water treatment plant – Leuna, Germany In-house exhibition 2015 – Schrobenhausen

BAUER Group


Investor Relations BAUER Aktiengesellschaft BAUER-Straße 1 86529 Schrobenhausen Germany Tel.: +49 8252 97-1218 Fax: +49 8252 97-2900 [email protected] www.bauer.de

BAUER AG Financial calendar 2017

Publication Annual Report 2016 April 13, 2017 Annual Press Conference April 13, 2017 Analyst Conference April 13, 2017 Annual General Meeting June 29, 2016 Quarterly Statement Q1 2017 May 15, 2017 Half-Year Interim Report to June 30, 2017 August 11, 2017 Quarterly Statement 9M/Q3 2017 November 14, 2017

Listing CDAX, GEX, Classic All Share Prime All Share DAXplus Family

Get the BAUER App for Apple and Android

ISIN DE0005168108 Reuters B5AG.DE Bloomberg B5A GR

www.youtube.com/Bauergruppe

www.facebook.com/BauerAGgroup


Table of Content


Appendix



1790 · 1900 · 1902 · 1928 · 1948 · 1956 · 1958 · 1967 · 1969 · 1972 · 1975 · 1976 · 1984 · 1990 · 1992 · 1994 · 1998 · 2001 · 2015

BAUER Group The history – Two centuries of experience

End of 1970’s: Start of

internationalisation

Early 1990’s: Build up of

specialist construction/ environmental business

FY 2015: Total Group

revenues EUR 1.656

billion, 10,738

employees

4. Jul 2006: IPO

Early 1970’s: Start of equipment

manufacturing

Company founded as copper forge

After WW II (1950's): Start of construction

business

Early 1980’s: Selling of equipment to

third parties

1790 1900-1970 1980-1990 2000-2015


BAUER Group The three segments

28 © BAUER AG, D-86529 Schrobenhausen

Target: ~ 40 % of total Group revenues

Market leader in specialist foundation equipment

New products for mining, deep drilling and offshore drilling

80 % of revenues from sales abroad

Multi-branding strategy

Target: ~ 40 % of total Group revenues

Global provider for specialist foundation engineering services

Specialist construction services

Focus on complex, international projects

Target: ~ 20 % of total Group revenues Activities in

environmental technology, mining, deep drilling, well construction, materials


BAUER Group Headquarters and plant Schrobenhausen, Germany


What is specialist foundation? Building an excavation pit

Ground Water

Injection Anchor

Sealing Slab

Supporting Wall

Underpinning Injection

Pile Foundation


What is specialist foundation used for? Applications for projects

Foundations Cut-off walls Excavation pits

Buildings Infrastructure Water – Energy Industry

Ground improvement


Construction Ismailia, Egypt – New road tunnel underneath Suez Canal


Construction Doha, Qatar – Construction pit for the Mozoon Towers


Construction Munich, Germany – Construction pit for wastewater treatment plant


Equipment Product range: Drilling rigs (BG series) – ValueLine

ValueLine The BG ValueLine is a fully dedicated Kelly drilling rig.

BG 30 BG 38 BG 20


Equipment Product range: Drilling rigs (BG series) – PremiumLine

BG 42 BG 50 BG 20

PremiumLine Multi-purpose drilling rigs for various applications of foundation works.


Equipment Product range: Duty-cycle cranes (MC series)

MC 128 MC 96 MC 64


Equipment Product range: Deep Drilling (PR series)

PR 200 PR 440 M2 In order to meet the upcoming

market challenges, out-of-the-box

thinking is necessary and therefore

customized rig solutions are of

growing importance.

Based on more than 40 years of

experience in engineering and

manufacturing of drilling rigs, Bauer

develops and manufactures

customized drilling solutions which

set new standards of safety,

efficiency, productivity and ease

of service in the deep drilling

business.


Resources Segment Pool of competences from a single hand

Industrial Waste Water Process & Produced Water NORM Constructed Wetlands Modelling & Well Design Construction Material for Wells

and Geothermal Water Distribution Management Irrigation Systems

Remediation Landfill Restoration Decommissioning Demolition Hazardous Waste Management Soil Treatment and Waste

Management

Exploration Drilling Deep Geothermal Drilling Oil & Gas Drilling Well Drilling Blast Hole Drilling

Environment Water Natural Resources


Resources Segment The Competence Centers

Environment

Water

Natural Resources Waste

Treatment & Disposal

Remediation

Constructed Wetlands

Water Treatment

Process Technology Beverage &

Biotec

Water Well Design &

Construction

Drilling Techno- logies


Resources Water – Process Water & Water Distribution Management


Resources Environment – Soil remediation in Germany


Resources Natural Resources – Oil and Exploration Drilling in Jordan


Market environment – Germany German construction market

Source: Federal Statistical Office, Statistical Office Bavaria

Germany2015

Employees in 1000

Revenues in EUR billion 101.0Building construction 65.0Foundation engineering 36.0

Orders received *in EUR billion

Housebuilding 13.1Industrial building 24.6Public sectorof which

public buildings 4.0road building 10.1underground structures 7.5

*) only companies > 20 employees

10.3

-28.4 5.2 16.9

5.4

1.9

18.4

18.221.5

59.1

-45.9

-13.6

2015/

14.9

August 2016 2015/ Jan-Aug1995 2014 2016/2015

-37.5

13.3

1.1

9.3

-43.7

-23.8-22.0

17.9

23.12.9

7.0

-0.1

5.9

-41.3

11.1

763.4

6.4

5.0

0.8

-17.6

-5.1

1.6

1.4


BAUER share Facts & Figures

Bauer family

Free float 51.81 %

Listed on Frankfurt stock exchange, Prime Standard, since July 4, 2006

Share capital EUR 73,001,420.45

Shares issued 17,131,000

Issue price EUR 16.75

Shareholder structure

Share performance (07/2015 – 11/2016)

in EUR 2012 2013 2014 2015 2016

Earnings per share 1.44 -0.99 0.85 1.73 ---

Share price year end 19.32 18.81 13.35 17.40 ---

Share price highest 26.50 23.05 20.04 19.20 17.16

Share price lowest 16.13 17.33 11.75 13.85 11.65

Market Cap (in EUR million)

331.0 322.2 228.7 298.1 ~200

48.19 %


BAUER share Dividend policy

2009

Dividend payment

2010 2008 2007 2006

0.30

0.00

0.60

0.90

1.20

0.50

1.00 1.00

0.60 0.60

Dividend policy founded on a reasonable balance between shareholders and company

fair participation of shareholders continuity over the years safeguarding of the equity base

All shareholders shall participate in the success of the business. In turbulent times such as the financial crisis our goal of strategic and safe growth of the company led to higher profit retention for the last years. To secure an adequate equity ratio is an important aim of the company’s management. With this we intend to safeguard the long-term success of the Group.

2011

0.50

2012

0.30

2013

0.00

0.15

2014

in EUR per share

2015

0.15


Key Figures Time Line FY 2008 – Q3 2016

In all three segments, total Group revenues and EBIT figures of Q4 2015 and FY 2015 were influenced by exceptional earnings.

Total Group Revenues(in EUR million)BAUER Group 1.527,2 1.275,8 1.304,0 1.371,8 1.435,8 1.504,2 378,1 371,1 413,9 397,1 1.560,2 409,1 371,3 414,5 461,5 1.656,4 383,2 373,8 389,3

Construction 700,9 570,0 615,4 606,6 655,2 741,7 178,5 173,0 181,8 192,3 725,6 193,5 176,4 194,5 178,5 742,9 159,9 172,0 184,5Equipment 780,1 608,5 581,7 636,5 589,1 628,6 163,8 157,6 186,1 131,7 639,2 173,8 159,6 163,2 256,5 753,1 165,0 147,5 153,3Resources 135,1 174,3 177,7 211,5 262,8 188,9 48,4 52,5 59,6 92,3 252,8 54,3 47,8 75,1 44,4 221,6 71,5 67,5 66,5

Sales Revenues(in EUR million)BAUER Group 1.290,8 1.096,5 1.131,7 1.219,6 1.344,4 1.402,2 313,4 332,2 368,1 362,0 1.375,7 299,6 342,4 376,8 360,2 1.379,0 317,6 332,2 342,8

Construction 584,3 487,9 505,8 506,2 579,1 657,5 167,8 160,8 163,5 154,5 646,6 156,0 163,9 179,4 151,5 650,8 143,6 154,9 162,7Equipment 601,2 456,5 469,3 511,4 520,6 561,6 102,9 120,6 147,4 161,8 532,7 100,5 137,4 129,3 180,8 548,0 107,8 115,2 123,0Resources 105,1 152,0 156,4 201,5 244,3 182,6 42,5 50,7 57,2 45,5 195,9 42,9 40,9 67,9 27,6 179,3 65,9 61,6 56,7

EBIT(in EUR million)BAUER Group 167,5 84,4 88,4 82,3 72,0 30,1 4,9 8,7 24,7 38,1 76,4 1,2 14,8 20,4 54,3 90,7 4,8 13,6 19,7

Construction 46,3 25,7 28,8 17,9 22,0 21,2 1,5 6,0 12,9 5,6 26,0 4,9 5,5 2,0 1,5 13,9 1,0 4,3 7,3Equipment 118,3 51,3 48,3 53,0 34,0 32,2 5,6 7,7 12,7 10,0 36,0 -0,9 9,3 16,2 74,8 99,4 5,9 7,5 9,4Resources 4,0 6,0 8,1 10,9 15,2 -24,0 -2,1 -1,2 -2,4 21,6 15,9 -2,9 -0,3 2,0 -18,6 -19,8 -1,6 1,5 3,5

EBIT margin(in %)BAUER Group 13,0% 7,7% 7,8% 6,7% 5,4% 2,1% 1,6% 2,6% 6,7% 10,5% 5,6% 0,4% 4,3% 5,4% 15,1% 6,6% 1,5% 4,1% 5,7%

Construction 7,9% 5,3% 5,7% 3,5% 3,8% 3,2% 0,9% 3,7% 7,9% 3,6% 4,0% 3,1% 3,4% 1,1% 1,0% 2,1% 0,7% 2,8% 4,5%Equipment 19,7% 11,2% 10,3% 10,4% 6,5% 5,7% 5,4% 6,4% 8,6% 6,2% 6,8% -0,9% 6,8% 12,5% 41,4% 18,1% 5,5% 6,5% 7,6%Resources 3,8% 3,9% 5,2% 5,4% 6,2% -13,1% -4,9% -2,4% -4,2% 47,5% 8,1% -6,8% -0,7% 2,9% -67,4% -11,0% -2,4% 2,4% 6,2%

Q4 15

Q4 15

Q4 15

Q4 15

2012

2012 Q1 14

2012

Q3 14Q2 14

2013

2013 Q2 14

2013

20122010

2011

2010

2011

2011

2010

2009

2008 2009

2008

2008

2008 2009

2009

2011

2010 Q4 14

Q3 14 Q4 14

Q3 14

Q3 14Q1 14 Q2 14

Q4 14

2013 Q4 14

Q1 14

Q1 14

Q2 14 2014

2014

2014

2014

Q1 15

Q1 15

Q1 15

Q1 15

Q3 15

Q3 15

Q1 16

Q1 16

Q1 16

Q1 16

2015

2015

2015

2015

Q2 15

Q2 15

Q2 15

Q2 15

Q3 15

Q3 15

Q3 16

Q3 16

Q3 16

Q3 16

Q2 16

Q2 16

Q2 16

Q2 16


Disclaimer

This presentation contains forward-looking statements. Forward-looking statements are statements that are not historical facts, including statements about our beliefs, intentions, expectations, predictions and the assumptions underlying them. These statements are based on factors as they are currently available to the management of BAUER AG and therefore speak only as of the date they are made. We assume no liability to update publicly or conform any of them to future events or future developments. Forward-looking information is subject to various known and unknown risks and un-certainties, which could lead to material differences between the actual future results, financial situation, development or performance of the BAUER Group and those factors contained in any forward-looking statement. In view of these uncertainties, no assurance can be given that these forward-looking statements will prove accurate and correct, or that anticipated and projected future results will be achieved and we caution you not to place undue reliance on these forward-looking statements.

IR presentation Q1/2014 - BAUER · 2020-06-04 · 16-11-14 IR-Presentation_Q3_2016 © BAUER AG,...

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Transcript of IR presentation Q1/2014 - BAUER · 2020-06-04 · 16-11-14 IR-Presentation_Q3_2016 © BAUER AG,...