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
Taiwanese electronics assembler Foxconn Technology Group has replaced 60,000 workers at a factory in China with robots, according to a report in the South China Morning Post. However, the company, which is a major supplier to Apple and Samsung, expects to maintain a significant workforce in China. Netflix Inc. and movie studio Disney are finally taking their deal that was announced in 2012 to the next level. The online movie rental service will become the exclusive U.S. pay-TV home of the latest films from Disney, Marvel, Lucasfilm and Pixar. Abercrombie & Fitch Co. (ANF) reported a GAAP net loss attributable to company of $39.6 million for the first quarter ended April 30, 2016 compared to a loss of $63.2 million, last year. Excluding certain items last year, net loss attributable to Abercrombie & Fitch Co. increased $2.4 million. Net...
comments powered by Disqus
Follow RTT