Ad-hoc | 5 October 2005 07:19
Bilfinger Berger AG: Loss in Building, increase in the other segments
Ad hoc announcement §15 WpHG
Earnings forecast
Bilfinger Berger AG: Loss in Building, increase in the other segments
Ad hoc announcement transmitted by DGAP.
The issuer is solely responsible for the content of this announcement.
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Loss in the Building and Industrial business segment and increases in the
other
segments: Net profit forecast for 2005 between EUR 65 and EUR 70 million
Based on a current report, the Executive Board at Bilfinger Berger AG adjusted
the earnings forecast for the Building and Industrial segment on October 4,
2005. Due to losses of around EUR 30 million in the presently difficult
Australian building construction business, a negative contribution to earnings
in the amount of EUR 15 million from this business segment is assumed. Until
now, an improvement on the previous year’s result (EUR 9 million) had been
planned.
A significant earnings increase in excess of the previous plan is, however,
assumed in the remaining business segments of Civil, Services and Concessions.
Overall, Bilfinger Berger expects that, with net profit in the range of EUR 65
to EUR 70 million, the previous year’s result (EUR 51 million) will be clearly
surpassed. The forecast had been at more than EUR 70 million. The stated goal
of increasing net profit to EUR 100 million by fiscal year 2007 remains
unchanged.
Mannheim, October 5, 2005
Bilfinger Berger AG
Bilfinger Berger AG
Carl-Reiß-Platz 1-5
68165 Mannheim
Deutschland
ISIN: DE0005909006 (MDAX)
WKN: 590 900
Listed: Amtlicher Markt in Berlin-Bremen, Düsseldorf, Frankfurt (Prime
Standard), Hamburg, Hannover, München, Stuttgart
End of ad hoc announcement (c)DGAP 05.10.2005
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