EANS-News: BAUER Aktiengesellschaft / BAUER AG progressing as planned after nine months: forecast reaffirmed and concretized

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Subtitle: ? Total Group revenues up 1.9 percent from EUR 944.5 million to EUR
962.6 million
? Sales revenues up 8.0 percent to EUR 844.4 million (previous year: EUR 782.2
million)
? Profit after tax EUR 21.0 million (previous year: EUR 30.0 million)
? Orders received up 27.7 percent to EUR 1,042.1 million (previous year: EUR
815.9 million)
? Full-year forecast reaffirmed and concretized: stable total Group revenues
around previous year's level and after-tax profit between EUR 35 and 40 million

Schrobenhausen (euro adhoc) - The business of international construction and
machinery concern BAUER Aktiengesellschaft is progressing in line with its
planning. In the first nine months of the current financial year, total Group
revenues increased slightly, by 1.9 percent from EUR 944.5 million to EUR 962.6
million. Sales revenues were up 8.0 percent to EUR 844.4 million (previous year:
EUR 782.2 million). Earnings before interest and taxes (EBIT) totalled EUR 55.8
million (previous year: EUR 60.0 million). Profit after tax was EUR 21.0 million
(previous year: EUR 30.0 million).

Business segments

The strategy focused on three distinct business segments and on building and
maintaining an international presence is providing the BAUER Group with a high
degree of stability. This is reflected by the increase in revenues in the
construction sector, which balanced out the downturn in the machinery business.

In the Construction segment, major projects on the Arabian peninsula and in
Canada are driving growth. The segment's third-quarter revenues increased by
17.1 percent against the previous year comparative figure to EUR 469.3 million.
Segment EBIT increased from EUR 20.5 million to EUR 22.5 million. Orders in
hand were down 6.7 percent year-on-year at EUR 326.2 million, while orders
received increased by 25.2 percent to EUR 481.4 million (previous year: EUR
384.4 million).

The Equipment segment continues to be impacted by customers' reluctance to
invest due to the economic crisis. In the first nine months its revenues fell
from EUR 481.6 million to EUR 412.3 million, down 14.4 percent against the
previous year comparative, though external sales decreased by only 2.1 percent.
While demand for small and medium-sized machinery has fallen dramatically,
Bauer is profiting from the stability in the large specialist foundation
engineering machinery sector thanks to its market-leading strength. Segment
EBIT totalled EUR 27.9 million (previous year: EUR 38.7 million). Orders in
hand rose slightly from EUR 114.3 million to EUR 126.4 million, reaffirming the
analysis that the market has stabilized at a much lower level than prior to the
crisis.

The Resources segment maintained its revenues just below the previous year
comparative level at EUR 124.6 million in the first three quarters. This was
less than planned, because of delays to a major project for water supply to the
Jordanian city of Amman. Segment EBIT of EUR 4.9 million was well up on the
previous year comparative period's EUR 2.8 million. The healthy levels of
orders in hand totalling EUR 135.8 million (previous year: EUR 79.2 million) at
the end of the third quarter were boosted by a new large contract from Jordan
to construct wells for a phosphate factory. Consequently, the recently
established segment, operating on future-oriented markets such as mining,
environmental technology and well engineering, is making good progress towards
its long-term strategic goal of becoming a key pillar of the Group's business.

Outlook

Confidence has been boosted by the 27.7 percent rise in orders received to EUR
1,042.1 million (previous year: EUR 815.9 million). The orders in hand held by
the Group as per September 30th totalled EUR 588.5 million, up 8.4 percent year-
on-year.

"Except for the machinery manufacturing business, the order situation is
satisfactory, and demonstrates that the BAUER Group is capable of utilizing
opportunities offered by major new projects on a regular basis," comments
Professor Thomas Bauer, Chairman of the Management Board of BAUER AG. "Based on
current estimates, we are forecasting growth in revenues and an appropriate
corresponding rise in earnings in all segments over the coming year. We might
well regain and surpass our 2008 revenue levels by 2013."

For the current full year, the BAUER Group reaffirms its forecast of total
Group revenues around the previous year's level. The after-tax profit outlook
has been concretized, and is expected to be at the bottom end of the forecast -
that is to say, in the range between EUR 35 and 40 million.

Our full third-quarter interim report, including a detailed analysis of the
individual segments and markets, can be found on our website at
http://www.bauer.de.

About Bauer

Bauer is a provider of services, machinery and ancillary products in the earth-
working and groundwater fields. The Group markets its products and services all
over the world. Its global spread allows it to remain largely unaffected by
fluctuating business cycles.

The operations of the Group are divided into three segments: Construction,
Equipment and Resources. The Construction segment carries out specialist
foundation engineering work all over the world, developing foundation and
excavation projects as well as providing related construction services. In its
Equipment segment, in which it is the world market leader, Bauer offers an
extensive range of machinery, equipment and tools for specialist foundation
engineering. The Resources segment encompasses the Group's operations in the
exploitation of raw materials, in environmental technology, in geothermal
drilling operations and also in equipment for wells (including pumps and
drills, screens and casings).

Bauer profits greatly from the collaboration between its three separate
segments, enabling the Group to position itself as an innovative, highly
specialized provider of complete solutions and services for demanding projects
on the specialist foundation engineering and related markets.

Founded in 1790, Bauer today generates more than two thirds of its total
revenues outside of Germany. Employing some 8,900 people, the Group's total
revenues in 2009 were EUR 1.28 billion (previous year: EUR 1.53 billion). BAUER
Aktiengesellschaft has been listed on the official market of the Frankfurt
Stock Exchange since July 4, 2006 (Prime Standard, ISIN DE0005168108).

GROUP KEY FIGURES January - September 2010 (IFRS)

| |Jan-Sep 2009 |Jan-Sep 2010 |Change |
| |in EUR million |in EUR million | |
|Total Group revenues |944.5 |962.6 |-1.9 % |
|of which | | | |
|- Germany |273.9 |250.0 |-8.7 % |
|- International |670.6 |712.6 |6.3 % |
|of which | | | |
|- Construction* |400.9 |469.3 |17.1 % |
|- Equipment* |481.6 |412.3 |-14.4 % |
|- Resources* |125.2 |124.6 |-0.4 % |
|- Other/Elim./Consol.* |-63.2 |-43.6 |n/a |
|Consolidated revenues |896.3 |924.3 |3.1 % |
|Sales revenues |782.2 |844.4 |8.0 % |
|Orders received |815.9 |1,042.1 |27.7 % |
|Orders in hand |543.0 |588.5 |8.4 % |
|EBITDA |110.0 |110.2 |0.2 % |
|EBITDA margin (as % of sales |14.1 % |13.0% |n/a |
|revenues) | | | |
|EBIT |60.0 |55.8 |-7.0 % |
|EBIT margin (as % of sales |7.7 % |6.6 % |n/a |
|revenues) | | | |
|Net profit or loss |30.0 |21.0 |-30.0 % |
|Shareholders´ equity |383.1 |419.2 |9.4 % |
|Equity ratio in % |30.5 % |30.5 % |n/a |
|Earnings per share in EUR |1.68 |1.01 |-39.9 % |
|Employees (on average over the |8,685 |8,962 |3.2 % |
|year) | | | |

* The Mining division of SCHACHTBAU NORDHAUSEN GmbH incl. segment subsidiaries
(SBN) has been reassigned from the Construction segment to the Resources
segment. The previous year figures have been adjusted as a result.

At variance with the consolidated revenues presented in the Group income
statement, the total Group revenues presented here include portions of revenues
from associated companies as well as revenues of non-consolidated subsidiaries
and joint ventures.

Further inquiry note:
Bettina Erhart / Christopher Wolf
Investor Relations
Telefon: +49(0)8252 97 1918
E-Mail: investor.relations@bauer.de
end of announcement euro adhoc
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company: BAUER Aktiengesellschaft
BAUER-Straße 1
D-86529 Schrobenhausen
phone: +49 (0)8252-97-1918
FAX: +49 (0)8252-97-2900
mail: investor.relations@bauer.de
WWW: http://www.bauer.de
sector: Construction & Property
ISIN: DE0005168108
indexes: SDAX, CDAX, Classic All Share, Prime All Share
stockmarkets: regulated dealing/prime standard: Frankfurt, free trade: Berlin,
Hamburg, Stuttgart, Düsseldorf, München
language: English

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