Bilfinger SE

Earnings Release • Oct 5, 2005

News Details

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. —————————————————————————— 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 050719 Okt 05