Announcement • Jun 16
BAUER Delisting of Shares from the Frankfurt BAUER Aktiengesellschaft was informed by the Frankfurt Stock Exchange that the revocation of the admission of the shares of BAUER AG to trading on the Regulated Market of the Frankfurt Stock Exchange under ISIN DE0005168108 as well as simultaneously in the sub-segment of the Regulated Market of the Frankfurt Stock Exchange with additional post-admission obligations (Prime Standard) applied for by the Company will become effectiveat the end of June 20, 2023. After June 20, 2023, all transparency obligations associated with a listing on a Regulated Market, such as the ad hoc disclosure obligation and the obligation to prepare half-yearly financial reports and quarterly announcements, will cease to apply in the future. The acceptance period for the current mandatory offer and delisting acquisition offer (cash offer) of SD Thesaurus GmbH ("Bidder") for the shares of BAUER AG is expected to end tomorrow, June 16, 2023, at 24:00 hours. Announcement • Jun 13
BAUER Aktiengesellschaft to Report Q3, 2023 Results on Nov 10, 2023 BAUER Aktiengesellschaft announced that they will report Q3, 2023 results on Nov 10, 2023 Reported Earnings • May 15
First quarter 2023 earnings released: EPS: €0.16 (vs €0.013 in 1Q 2022) First quarter 2023 results: EPS: €0.16 (up from €0.013 in 1Q 2022). Revenue: €461.8m (up 26% from 1Q 2022). Net income: €4.14m (up €3.83m from 1Q 2022). Profit margin: 0.9% (up from 0.1% in 1Q 2022). Revenue is forecast to grow 2.6% p.a. on average during the next 3 years, compared to a 2.4% growth forecast for the Construction industry in Europe. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has fallen by 17% per year, which means it is performing significantly worse than earnings. Reported Earnings • Apr 08
Full year 2022 earnings: EPS and revenues miss analyst expectations Full year 2022 results: €3.66 loss per share (further deteriorated from €0.024 loss in FY 2021). Net loss: €95.5m (loss widened €95.0m from FY 2021). Revenue missed analyst estimates by 1.5%. Earnings per share (EPS) also missed analyst estimates by 70%. Revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 2.3% growth forecast for the Construction industry in Europe. Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings. Major Estimate Revision • Dec 07
Consensus forecasts updated The consensus outlook for 2022 has been updated. 2022 revenue forecast increased from €1.53b to €1.55b. Now expected to report loss of -€2.48 instead of €0.54 per share profit. Construction industry in Germany expected to see average net income growth of 12% next year. Consensus price target of €10.50 unchanged from last update. Share price fell 9.8% to €6.82 over the past week. Price Target Changed • Dec 07
Price target decreased to €10.17 Down from €11.17, the current price target is an average from 3 analysts. New target price is 49% above last closing price of €6.82. Stock is down 32% over the past year. The company is forecast to post earnings per share of €0.58 next year compared to a net loss per share of €0.024 last year. Announcement • Oct 07
BAUER Aktiengesellschaft (XTRA:B5A) acquired Fielddata.Io Gmbh. BAUER Aktiengesellschaft (XTRA:B5A) acquired Fielddata.Io Gmbh on October 5, 2022. All digital solutions which is developed by Fielddata.Io in the field of specialist foundation engineering will be available in the future exclusively for the customers of BAUER Maschinen GmbH and BAUER Spezialtiefbau GmbH. The employees of fielddata.io will be fully integrated with Bauer’s employees.
BAUER Aktiengesellschaft (XTRA:B5A) completed the acquisition of Fielddata.Io Gmbh on October 5, 2022. Announcement • Sep 14
BAUER Aktiengesellschaft Adjusts Forecast for the Financial Year of 2022 The Executive Board of BAUER Aktiengesellschaft adjust the forecast for the financial year 2022 given on April 7, 2022 with the publication of the Annual Report. Due to the increasing tightening of sanctions imposed by the European Union and the resulting customer restraint, sales of drilling rigs and drilling tools to Russia as well as sales of the affiliated companies in Russia have considerably declined. Similarly, demand for construction services has fallen sharply. According to the Management Board's assessment, no improvement in business development in the Russian market is to be expected in the foreseeable future. As a result, BAUER AG has examined the value of the investments and future prospects for the Russian-based affiliates due to the now limited business opportunities. As a result of such examination, an impairment loss will have to be recognized on the respective goodwill for the Russian-based companies in the Equipment segment and the Construction segment as of the next reporting date. In total, this will result in a negative contribution to earnings of around EUR 15 million. Announcement • Aug 12
BAUER Aktiengesellschaft Provides Earnings Guidance for the Financial Year 2022 BAUER Aktiengesellschaft provided earnings guidance for the financial year 2022. For the year, the company expects that the COVID-19 pandemic will remain a potential influencing factor and may also affect the business and Russia's war against Ukraine is a considerable factor of uncertainty for the future course of business in 2022. Announcement • Jun 24
BAUER Aktiengesellschaft Provides Earnings Guidance for the Financial Year 2022 BAUER Aktiengesellschaft provided earnings guidance for the financial year 2022. For the 2022 financial year, the company continues to expect a significant increase in total Group revenues and EBIT. Reported Earnings • May 13
First quarter 2022 earnings: EPS exceeds analyst expectations First quarter 2022 results: EPS: €0.013 (up from €0.32 loss in 1Q 2021). Revenue: €372.3m (up 21% from 1Q 2021). Net income: €313.0k (up €6.35m from 1Q 2021). Profit margin: 0.1% (up from net loss in 1Q 2021). The move to profitability was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) exceeded analyst estimates. Over the next year, revenue is forecast to stay flat compared to a 7.1% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has fallen by 25% per year, which means it is performing significantly worse than earnings. Reported Earnings • Apr 08
Full year 2021 earnings: EPS exceeds analyst expectations Full year 2021 results: €0.024 loss per share (up from €0.49 loss in FY 2020). Revenue: €1.47b (up 8.6% from FY 2020). Net loss: €563.0k (loss narrowed 93% from FY 2020). Profit margin: 0% (up from net loss in FY 2020). The move to profitability was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 94%. Over the next year, revenue is forecast to stay flat compared to a 5.9% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 37% per year but the company’s share price has only fallen by 20% per year, which means it has not declined as severely as earnings. Reported Earnings • Nov 15
Third quarter 2021 earnings released: €0.045 loss per share (vs €0.15 profit in 3Q 2020) The company reported a soft third quarter result with weaker earnings and weaker control over costs, although revenues improved. Third quarter 2021 results: Revenue: €362.5m (up 5.2% from 3Q 2020). Net loss: €1.19m (down 147% from profit in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 53% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings. Price Target Changed • Nov 04
Price target decreased to €11.00 Down from €12.00, the current price target is provided by 1 analyst. New target price is approximately in line with last closing price of €10.70. Stock is up 17% over the past year. The company is forecast to post a net loss per share of €0.34 next year compared to a net loss per share of €0.49 last year. Reported Earnings • Aug 18
Second quarter 2021 earnings released The company reported a solid second quarter result with reduced losses, improved revenues and improved control over expenses. Second quarter 2021 results: Revenue: €388.7m (up 23% from 2Q 2020). Net loss: €1.07m (loss narrowed 91% from 2Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 75 percentage points per year, which is a significant difference in performance. Announcement • Aug 12
BAUER Confirms Earnings Guidance for the Full Year 2021 BAUER confirmed earnings guidance for the full year 2021. Given the background of the ongoing pandemic, the Executive Board continues to anticipate total Group revenues of between EUR 1,550 million and EUR 1,650 million, and EBIT of between EUR 75 million and EUR 85 million for the Group in the 2021 financial year. Executive Departure • Jul 01
Shareholder Representatives Supervisory Board Member Johannes Bauer has left the company On the 24th of June, Johannes Bauer's tenure as Shareholder Representatives Supervisory Board Member ended after 10.0 years in the role. We don't have any record of a personal shareholding under Johannes' name. A total of 2 executives have left over the last 12 months. The current median tenure of the management team is 3.42 years. Executive Departure • Jul 01
Shareholder Representatives Supervisory Board Member Manfred Nussbaumer has left the company On the 24th of June, Manfred Nussbaumer's tenure as Shareholder Representatives Supervisory Board Member ended after 13.1 years in the role. We don't have any record of a personal shareholding under Manfred's name. A total of 2 executives have left over the last 12 months. The current median tenure of the management team is 3.42 years. Price Target Changed • Jun 11
Price target increased to €14.00 Up from €11.50, the current price target is an average from 2 analysts. New target price is 14% above last closing price of €12.28. Stock is up 11% over the past year. Reported Earnings • May 14
First quarter 2021 earnings released: €0.32 loss per share (vs €0.30 loss in 1Q 2020) The company reported a poor first quarter result with increased losses, weaker revenues and weaker control over costs. First quarter 2021 results: Revenue: €313.0m (down 6.8% from 1Q 2020). Net loss: €6.03m (loss widened 17% from 1Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 56 percentage points per year, which is a significant difference in performance. Reported Earnings • Apr 15
Full year 2020 earnings released The company reported a decent full year result with reduced losses and improved control over expenses, although revenues were weaker. Full year 2020 results: Revenue: €1.42b (down 4.2% from FY 2019). Net loss: €8.40m (loss narrowed 77% from FY 2019). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 81 percentage points per year, which is a significant difference in performance. Announcement • Apr 15
BAUER Aktiengesellschaft Provides Earnings Guidance for the Year 2021 BAUER Aktiengesellschaft provided earnings guidance for the year 2021. The COVID-19 pandemic will have a significant impact on the general economic situation in 2021 as well. Given the background of the ongoing pandemic and the difficulty of predicting further effects in the current financial year, the Management Board anticipates total Group revenues of between EUR 1,550 million and EUR 1,650 million and EBIT of between EUR 75 and EUR 85 million for the Group in the 2021 financial year. Announcement • Mar 02
BAUER Aktiengesellschaft to Report Fiscal Year 2020 Results on Apr 13, 2021 BAUER Aktiengesellschaft announced that they will report fiscal year 2020 results on Apr 13, 2021 Is New 90 Day High Low • Dec 16
New 90-day high: €10.50 The company is up 12% from its price of €9.37 on 16 September 2020. The German market is up 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Construction industry, which is up 5.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €27.78 per share. Is New 90 Day High Low • Nov 24
New 90-day high: €9.88 The company is up 6.0% from its price of €9.31 on 25 August 2020. The German market is up 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Construction industry, which is down 2.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €26.46 per share. Announcement • Nov 20
BAUER Aktiengesellschaft to Report Q1, 2021 Results on May 12, 2021 BAUER Aktiengesellschaft announced that they will report Q1, 2021 results on May 12, 2021 Analyst Estimate Surprise Post Earnings • Nov 14
Earnings beat expectations, revenue disappoints Revenue missed analyst estimates by 0.7%. Earnings per share (EPS) exceeded analyst estimates by 36%. Over the next year, revenue is forecast to grow 3.3%, compared to a 1.4% growth forecast for the Construction industry in Germany. Announcement • Nov 14
BAUER Aktiengesellschaft, Annual General Meeting, Jun 24, 2021 BAUER Aktiengesellschaft, Annual General Meeting, Jun 24, 2021. Price Target Changed • Nov 13
Price target lowered to €10.67 Down from €11.67, the current price target is an average from 3 analysts. The new target price is 14% above the current share price of €9.34. As of last close, the stock is down 37% over the past year. Announcement • Aug 13
BAUER AG Withdrew its Forecast for the 2020 Financial Year Due to the uncertainties surrounding the rest of the year, BAUER AG withdrew its forecast for the 2020 financial year in an ad-hoc announcement on June 17, 2020 after reviewing the projections. It is still impossible to reliably predict the impact of the pandemic on further construction activities around the world and on customer demand for equipment, and thus ultimately on the revenue and earnings development. Therefore, the Management Board is still unable to create robust plans and, consequently, to provide a specific new forecast for the 2020 financial year. Announcement • Aug 04
BAUER Aktiengesellschaft (XTRA:B5A) acquired remaining 49 % stake in BAUER Manufacturing LLC and BAUER Deep Drilling GmbH from Schlumberger Limited (NYSE:SLB). BAUER Aktiengesellschaft (XTRA:B5A) acquired remaining 49 % stake in BAUER Manufacturing LLC and BAUER Deep Drilling GmbH from Schlumberger Limited (NYSE:SLB) in July 2020. Announcement • Jun 18
Bauer Aktiengesellschaft Withdraws its Forecast for the Year 2020 Due to the Effects of the Corona Pandemic The Management Board of BAUER Aktiengesellschaft decided to withdraw the forecast for the 2020 financial year made on April 9, 2020 when the annual report was published. Current reviews of projections for the end of 2020 suggest that the corona pandemic will have a greater impact on the Construction and Equipment segments. It is therefore not possible for the Management Board to make a reliable planning and consequently to give a new concrete forecast for the 2020 financial year. The Management Board is therefore currently refraining from publishing a new forecast for the 2020 financial year.