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| Datum : | 07.05.2014 |
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DGAP-Adhoc: Bilfinger SE: Focus on core business - planned sale of significant parts of activities in the Construction business segment |
| Meldung : | Bilfinger SE / Key word(s): Letter of Intent/Disposal 07.05.2014 20:58 Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a company of EQS Group AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- Bilfinger is intensifying its focus on its core business, which comprises engineering and services for industrial facilities, power plants and real estate. The engineering and services group therefore intends to part with significant portions of its civil engineering business which generated a volume of approximately EUR800 million in 2013. The activities in the Construction business segment will be put up for sale. The offshore wind business, the construction of power grids and units specialized in steel construction with a volume of about EUR200 million in the past year are not included in the planned sale. The offshore wind and power grid businesses, which in 2013 together generated an output volume of EUR140 million will be brought together in a new division and allocated to the Power business segment. Bilfinger continues to consider its successful building construction activities in Germany as part of its core business. They are an integral part of the Group's real-estate competence in the Building and Facility business segment. Bilfinger will report on the business activities that are to be sold as 'Discontinued operations' beginning in the second quarter of 2014. The company expects that the selling process can be completed within one year. --------------------------------------------------------------------------- Language: English Company: Bilfinger SE Carl-Reiß-Platz 1-5 68165 Mannheim Germany Phone: +49 (0621) 459-0 Fax: +49 (0621) 459-23 66 E-mail: sabine.klein@bilfinger.com Internet: http://www.bilfinger.com ISIN: DE0005909006 WKN: 590900 Indices: MDAX Listed: Regulierter Markt in Frankfurt (Prime Standard), Stuttgart; Freiverkehr in Berlin, Düsseldorf, Hamburg, Hannover, München End of Announcement DGAP News-Service --------------------------------------------------------------------------- |
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