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4-Traders Homepage  >  Equities  >  Xetra  >  BAUER AG    B5A   DE0005168108

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06/30 BAUER : Resources GmbH installs first solar-powered water treatment ..
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06/24 BAUER AG : ex-dividend day for annual dividend
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BAUER : Resources GmbH installs first solar-powered water treatment plant for fluoride removal in Ghana

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06/30/2016 | 03:05pm CEST

BAUER Resources GmbH installs first solar-powered water treatment plant for fluoride removal in Ghana

Gbalo, Ghana - Beaming smiles on the faces of the members of the small community Gbalo in Ghana, Africa, where the first solar-powered water treatment plant for removing fluoride from drinking water has recently been installed and commissioned. Working together with the Deutsche Gesellschaft für Internationale Zusammenarbeit (German Association for International Cooperation), BAUER Resources Ghana Limited, a subsidiary of BAUER Resources GmbH, planned and built the plant for the 'Solawa' project.

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Prior to this, those living in the community have had to drink fluoride-ridden water for over a decade, leading to osteofluorosis and dental fluorosis - both of which cause pain as well as bone and tooth damages. The new water treatment plant now reduces the level of fluoride from more than four milligrams per liter to less than 1.5. Around 2,000 liters of purified water can be supplied per hour.

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Upon handover of the plant in Gbalo, District Administrator Hajia Mary Nakobu emphasized the positive effect it will have on people's health and appealed to those responsible to take good care of the plant. Assistant Director of the Community Water and Sanitation Agency (CWSA), John Godson Aduakye, announced that there are plans to build similar water treatment plants in other regions of Ghana. Alexander Dittmar, Managing Director of BAUER Resources Ghana Limited, and Bauer project engineer Josef Abanga Azongbilla thanked the German Association for International Cooperation, Chereponi District Council and the CWSA for their positive cooperation. Alexander Dittmar confirmed that further projects are already being planned in Ghana.

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Bauer AG published this content on 30 June 2016 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 30 June 2016 13:05:05 UTC.

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Financials (€)
Sales 2016 1 417 M
EBIT 2016 74,5 M
Net income 2016 22,0 M
Debt 2016 640 M
Yield 2016 1,38%
P/E ratio 2016 9,76
P/E ratio 2017 7,64
EV / Sales 2016 0,60x
EV / Sales 2017 0,56x
Capitalization 211 M
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Mean consensus HOLD
Number of Analysts 3
Average target price 14,3 €
Spread / Average Target 17%
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Thomas Bauer Chief Executive Officer
Klaus Reinhardt Chairman-Supervisory Board
Hartmut Beutler Chief Financial Officer
Manfred Nußbaumer Member-Supervisory Board
Robert Feiger Deputy Chairman-Supervisory Board
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