Brief: Bauer FY Earnings After Taxes At EUR 4.0 Mln

Bauer AG

07/04/2022 06:06

April 7 (Reuters) - BAUER AG  B5AG.DE :
    * ACHIEVES AN INCREASE IN TOTAL GROUP REVENUES FOR 2021
DESPITE
CHALLENGING MARKET CONDITIONS
    * FY AT EUR 1,537.6 MILLION, TOTAL GROUP REVENUES WERE 5.8%
ABOVE
PREVIOUS YEAR'S FIGURE OF EUR 1,453.6 MILLION
    * FY EBIT DECREASED TO EUR 36.0 MILLION (PREVIOUS YEAR: EUR
55.5
MILLION); EARNINGS AFTER TAX IN POSITIVE RANGE AT EUR 4.0
MILLION (PREVIOUS YEAR: EUR -8.2 MILLION)
    * FY AT EUR 1,364.4 MILLION, ORDER BACKLOG WAS A VERY
SIGNIFICANT
17.4% ABOVE PREVIOUS YEAR'S FIGURE OF EUR 1,162.5 MILLION
    * CAUTIOUS FORECAST FOR 2022: SIGNIFICANT INCREASE IN TOTAL
GROUP
REVENUES AND EBIT
    * FY EARNINGS AFTER TAXES IMPROVED INTO POSITIVE RANGE AT
EUR 4.0
MILLION (PREVIOUS YEAR: EUR -8.2 MILLION)
    * IN ORDER TO FURTHER SUSTAINABLY IMPROVE EQUITY RATIO, NO
DIVIDENDS WILL BE DISTRIBUTED
    * OUTLOOK: IN MEDIUM TERM, HOWEVER, BAUER CONTINUES TO
MAINTAIN
ITS DIVIDEND POLICY, WHICH PLANS FOR A DIVIDEND RATIO OF
APPROXIMATELY 25 TO 30% OF REPORTED EARNINGS AFTER TAXES

Source text for Eikon:  ID:nEQ2GTxLFa 
Further company coverage:  B5AG.DE 

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