Hochtief, Salzgitter, ThyssenKrupp, TUI: German Equity Preview

By Nadja Brandt and Stefanie Haxel

Aug. 14 (Bloomberg) -- The following companies may have unusual price changes in German trading. Stock symbols are in parentheses and prices are from the previous close.

DAX Index futures expiring in September advanced 0.3 percent to 6,477.5 as of 8:07 a.m. in Frankfurt. The DAX declined 2.5 percent to 6,422.19 yesterday.

Bauer AG (B5A GY): The builder that laid foundations for the Burj Dubai tower said first-half profit doubled to 37.2 million euros ($55.3 million) on orders from abroad and raised its full- year forecasts. Bauer lost 1.18 euros, or 2.2 percent, to 53.75.

Bechtle AG (BC8 GY): The computer and software retailer that went public in 2000 said second-quarter profit rose 46 percent and confirmed its full-year outlook. The shares advanced 92 cents, or 4.9 percent, to 19.69 euros.

Carl Zeiss Meditec AG (AFX GY): The maker of medical lasers to correct vision defects said nine-month net income climbed 17 percent to 36.4 million euros on higher sales in Europe and Asia. The shares slipped 1 cent, or 0.1 percent, to 10.39 euros.

Centrotec Group AG (CEV GY): The maker of solar cells reported first-half net income of 5.5 million euros on revenue of 213.7 million euros. The shares added 5 cents, or 0.3 percent, to 14.65 euros.

Drillisch AG (DRI GY): The mobile-phone company said first- half net profit climbed 51 percent to 11.3 million euros as subscriber numbers increased. Drillisch shares lost 1 cent, or 0.3 percent, to 3.99 euros.

Ersol Solar Energy AG (ES6 GY): The solar-cell maker said second-quarter profit almost tripled after production rose and sales abroad advanced. The shares increased 9 cents, or 0.1 percent, to 101.10 euros.

Hochtief AG (HOT GY): Germany's biggest construction company posted a bigger-than-estimated jump in second-quarter profit and raised its forecasts on construction and mining work in Australia and Asia. The shares declined 3.10 euros, or 5.7 percent, to 51.20.

IVG Immobilien AG (IVG GY): Germany's largest commercial- property company said net income fell 66 percent in the second quarter as the value of its properties declined. The shares sank 30 cents, or 2.3 percent, to 12.73 euros.

Jungheinrich AG (JUN3 GY): Germany's second-largest maker of forklifts said second-quarter profit rose 7.4 percent on lower tax payments. The shares fell 1.26 euros, or 7 percent, to 16.64.

Koenig & Bauer AG (SKB GY): The world's third-largest maker of printing machines said first-half profit dropped 64 percent as sales on plummeting sales in North America. The shares sank 73 cents, or 4 percent, to 17.59 euros.

MLP AG (MLP GY): Swiss Life Holding, Switzerland's biggest life insurer, agreed to buy stakes in Germany's third-biggest financial-services broker and AWD Holding AG from AWD Chief Executive Officer Carsten Maschmeyer for a total of 427 million euros. MLP shares rallied 98 cents, or 7.6 percent, to 13.80 euros. Competitor AWD (AWD GY) added 60 cents, or 2.9 percent, to 21.60 euros.

RWE AG (RWE GY): Germany's second-largest utility said quarterly net income declined 67 percent to 347 million euros on higher costs to emit carbon dioxide and lower power grid fees. That missed the 742.5 million-euro median estimate in a Bloomberg survey of analysts. The shares dropped 1.42 euros, or 1.9 percent, to 73.37 euros.

Salzgitter AG (SZG GY): Germany's second-largest steelmaker said first-half profit gained 9.6 percent to 436.9 million euros after prices rose. The shares increased 1.46 euros, or 1.5 percent, to 100.51.

Sixt AG (SIX2 GY): Germany's largest car-rental company said first-half profit gained 1.9 percent to 44.9 million euros, boosted by more branches outside its home market. The shares sank 93 cents, or 3.9 percent, to 23.12 euros.

ThyssenKrupp AG (TKA GY): Germany's largest steelmaker posted a 21 drop to 573 million euros in fiscal third-quarter profit after costs overran on the construction of its Brazilian plant and prices were outpaced by raw material costs. That beat the 531 million-euro median estimate in a Bloomberg survey. The shares fell 33 cents, or 1 percent, to 33.77 euros.

TUI AG (TUI1 GY): The tourism company preparing to sell its Hapag-Lloyd shipping line reported a second-quarter loss of 55.6 million euros on costs to merge its tourism brands and lease aircraft. The shares fell 53.5 cents, or 3.6 percent, to 14.495 euros.

Versatel AG (VTW GY): The phone and Internet company that sold shares for the first time last year posted a profit of 7.9 million euros after reporting losses for five consecutive quarters and raised its full-year business outlook. The shares added 33 cents, or 2.3 percent, to 14.59 euros.

Wacker Construction Equipment AG (WAC GY): The maker of drills and rolling machines said first-half profit increased 16 percent after it bought Neuson Kramer Baumaschinen AG. The shares fell 42 cents, or 5.9 percent, to 6.71 euros.

To contact the reporter on this story: Nadja Brandt in Los Angeles at nbrandt@bloomberg.net; Stefanie Haxel in Frankfurt at shaxel@bloomberg.net