Regulatory Filings • Nov 9, 2009
Regulatory Filings
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Ad-hoc | 9 November 2009 19:58
Bilfinger Berger to substantially reduce its construction business
Bilfinger Berger AG / Strategic Company Decision
09.11.2009
Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by
DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
Bilfinger Berger intends to reduce its construction business with an output
volume of approximately EUR6 billion in 2008 to a level of around EUR2
billion in the mid-term. In this regard, the Group is exploring the
potential initial public offering of its activities in Australia. In the
current year, Bilfinger Berger Australia will achieve an output volume of
around EUR2.6 billion.
Construction will remain a core future activity of Bilfinger Berger.
Synergies with other segments in the Group, including Concessions, will
continue to be utilized. Any additional funds generated by the potential
offering will be used to expand the Group's Services segment. This shift in
focus to services leads to an improved risk profile and greater
profitability.
09.11.2009 Financial News distributed by DGAP. Media archive at www.dgap-medientreff.de and www.dgap.de
Language: English
Company: Bilfinger Berger AG
Carl-Reiß-Platz 1-5
68165 Mannheim
Deutschland
Phone: +49 (0621) 459-0
Fax: +49 (0621) 459-23 66
E-mail: [email protected]
Internet: http://www.bilfingerberger.de
ISIN: DE0005909006
WKN: 590900
Indices: MDAX
Listed: Regulierter Markt in Frankfurt (Prime Standard), Stuttgart;
Freiverkehr in Berlin, München, Hannover, Düsseldorf, Hamburg
End of News DGAP News-Service
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