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Thu, 17.10.2024       BayWa AG

The Supervisory Board of BayWa AG and the Chairman of the Board of Management, Mr. Marcus Pöllinger, have agreed today that Mr. Pöllinger will leave the Board of Management of BayWa AG by mutual consent with effect from the end of 31 October 2024. Furthermore, the Supervisory Board and the Chief Financial Officer, Mr. Andreas Helber, have today ag [ … ]
Sun, 29.09.2024       BayWa AG

The Board of Management of BayWa AG expects that the necessary signatures of the main lending banks will be obtained in the upcoming days to extend the existing standstill agreements until 31 December 2024. At the same time the existing bridging loan agreement is to be increased by around a further €500 million and is also to be extended until 31 D [ … ]
Fri, 27.09.2024       BayWa AG

The impairment tests that became necessary led to non-cash impairment losses of € 222.2 million, which were recognised as depreciation in the Half-Year Financial Statements 2024. At € 171.5 million, the largest share was attributable to BayWa r.e. AG, a 51% subsidiary of BayWa AG. These depreciations have no negative impact on the BayWa Group’s ong [ … ]
Tue, 24.09.2024       BayWa AG

The restructuring report commissioned by BayWa AG in July 2024 comes to the conclusion in a first draft that BayWa AG can be restructured under certain conditions and that its operating competitiveness and profitability can be restored in the medium term. According to the draft of the restructuring opinion, this is mainly based on the fact that Bay [ … ]
Tue, 24.09.2024       BayWa AG

The restructuring report commissioned by BayWa AG in July 2024 comes to the conclusion in a first draft that BayWa AG can be restructured under certain conditions and that its operating competitiveness and profitability can be restored in the medium term. According to the draft of the restructuring opinion, this is mainly based on the fact that Bay [ … ]
Thu, 15.08.2024       BayWa AG

BayWa AG today concluded standstill agreements with its main lending banks and a bridging loan agreement with a core group of banks amounting to €272 million. The agreements are initially valid until 30 September 2024, with the option of an extension until 31 December 2024. As a key component of the overall stabilisation concept, BayWa AG’s two la [ … ]
Wed, 24.07.2024       BayWa AG

BayWa AG publishes preliminary business figures for the first half of 2024 and suspends its earnings before interest and tax forecast for financial year 2024. According to preliminary figures, the BayWa Group generated Group revenues of €10.7 billion in the first half of 2024 (H1 2023: €12.6 billion) and earnings before interest, tax, depreciation [ … ]
Fri, 12.07.2024       BayWa AG

BayWa AG has commissioned a restructuring opinion. This is BayWa’s response to a strained financing situation. Based on constructive talks with financing partners and the measures initiated, the Board of Management is convinced that the financial situation can be sustainably strengthened. This way BayWa continues to pursue its course of consolidati [ … ]
Thu, 14.03.2024       BayWa AG

The Board of Management of BayWa AG today resolved to propose the suspension of the dividend payment for the financial year 2023 to the Annual General Meeting on 11 June 2024. The company paid out a regular dividend of € 1.10 as well as a special anniversary dividend of € 0.10 per share for the financial year 2022. The proposal to suspend the divid [ … ]
Fri, 19.01.2024       BayWa AG

BayWa Supervisory Board Chairman resigns from office   BayWa Aktiengesellschaft   Public disclosure of inside information in accordance with Art. 17 MAR   Munich, 19 January 2024:   The Chairman of the BayWa Supervisory Board, Prof Klaus Josef Lutz, has today resigned from his office as a member of the Supervisory Board with immediate effec [ … ]

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