logo
Share SHARE
FONT-SIZE Plus   Neg

BAUER 2011 Profit Slips - Quick Facts

BAUER AG (BRAGF.PK) posted a 14.3% lower IFRS net profit of 34.1 million euros compared with the previous year's 39.8 million euros, with earnings per share dropping 8.8% to 1.86 euros from 2.04 euros a year ago.

However, total Group revenues rose 5.2 percent to 1.37 billion euros from 1.31 billion euros in the prior-year period.

For 2012, the Group anticipates that net profit would be about 35 million euros, and EBIT of around 85 million euros, also expecting steady growth of five to ten percent, raising total Group revenues to 1.45 billion euros.

Additionally, the Management Board and Supervisory Board propose that a modestly reduced dividend of 0.50 euros per share be paid, corresponding to a dividend ratio of about 27 percent referred to earnings after deducting minority interests.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
LinkedIn Corp. (LNKD) on Thursday posted a loss for the first-quarter that widened from a year ago, hurt largely by higher operating costs. On an adjusted basis, earnings for the quarter improved and trumped Wall Street estimates, as revenues jumped 35 percent led by growth across all segments. Shares... Daily deals site Groupon Inc. (GRPN) on Thursday reported a loss for the first quarter that widened from a year ago, hurt largely by lower revenues. Nevertheless, loss for the quarter were lower than what Wall Street expected, revenues also trumped estimates. Chicago, Illinois-based Groupon's first-quarter... Shares of Amazon.com Inc. (AMZN) jumped 12 percent in after-hours on Thursday after the online retailer reported a first-quarter profit and revenues that trumped Wall Street estimates. Seattle, Washington-based Amazon reported first-quarter profit of $513 million or $1.07 per share, compared with...
comments powered by Disqus
Follow RTT