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B5A Bauer AG News Story

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Brief: Bauer Q1 revenue down 6.3 pct at 383.2 million euros

May 13 (Reuters) - Bauer AG  B5AG.DE : 
    * Q1-end order backlog grows by 18.0 pct to 1.0 billion 
euros ($1.14 billion)(previous year: 848.2 million euros) 
    * Confirms its full-year forecast from April 2016, 
predicting total group revenues of around 1.65 billion euros, 
earnings after tax of around 20 to 25 million euros, and EBIT of 
around 75 million euros 
    * In construction segment, some larger projects were delayed 
in start-up phase 
    * Q1 EBIT 4.8 million euros versus 1.2 million euros year 
ago 
    * Q1 revenue fell 6.3 percent to 383.2 million euros 
 
Source text for Eikon:  ID:nEQ1pHVTza  
Further company coverage:  B5AG.DE  
 
($1 = 0.8792 euros) 
 
 (Gdynia Newsroom) 
 ((gdynia.newsroom@thomsonreuters.com; +48 58 698 3920;))

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