DGAP-News: BAUER Aktiengesellschaft: BAUER AG adjusts forecast for the 2022 financial year
Retrieved on:
Tuesday, September 13, 2022
Schrobenhausen, Germany The Executive Board of BAUER Aktiengesellschaft (ISIN DE0005168108) today decided to adjust the forecast for the financial year 2022 given on April 7, 2022 with the publication of the Annual Report.
Key Points:
- Schrobenhausen, Germany The Executive Board of BAUER Aktiengesellschaft (ISIN DE0005168108) today decided to adjust the forecast for the financial year 2022 given on April 7, 2022 with the publication of the Annual Report.
- According to the Management Board's assessment, no improvement in business development in the Russian market is to be expected in the foreseeable future.
- As a result, BAUER AG has examined the value of the investments and future prospects for the Russian-based affiliates due to the now limited business opportunities.
- The methods for calculating the total Group revenues can be found in the notes to the 2021 Annual Report on p. 102: https://www.bauer.de/export/shared/documents/pdf/investor_relations/annu...