DGAP-News: BayWa AG
/ Key word(s): Preliminary Results
Preliminary business figures for 2020 published As a provider of essential goods and services in the energy, agriculture and construction sectors, BayWa benefited in the past financial year from sustained high demand in all its segments. "Our international business models and the diversified structure have proved to be very crisis-resilient during the coronavirus pandemic," said Klaus Josef Lutz, Chief Executive Officer of BayWa AG. In addition to the achievement of operational targets, the reporting period saw the realisation of strategic plans, such as the entry of an investor at BayWa r.e. renewable energy GmbH (BayWa r.e.) as part of a capital increase of €530 million. The deal is expected to close in the days ahead. BayWa will publish detailed figures for the most recent financial year along with its balance sheet on 25 March 2021. An exclusively digital annual results press conference will be held on 25 March at 10.30 am. An analysts' conference will also be held digitally on 26 March. Please note: We are on Twitter at www.twitter.com/BayWaPresse. You can download print-ready press photos, footage material and video statements - without registration - from the BayWa Mediapool at https://www.baywa-mediapool.com/#/. Editor: Contact: Jenny Levié, BayWa AG, Head of PR/Corporate Communications/Public Affairs, tel. +49 (0)89/92 22-36 80, Fax +49 (0)89/92 12-36 80, e-mail: jenny.levie@baywa.de
01.03.2021 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. |
Language: | English |
Company: | BayWa AG |
Arabellastraße 4 | |
81925 Munich | |
Germany | |
Phone: | +49 (0)89/ 9222-3691 |
Fax: | +49 (0)89/ 9212-3680 |
E-mail: | jenny.levie@baywa.de |
Internet: | www.baywa.de |
ISIN: | DE0005194062, DE0005194005, |
WKN: | 519406, 519400, |
Indices: | SDAX |
Listed: | Regulated Market in Frankfurt (Prime Standard), Munich; Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Stuttgart, Tradegate Exchange |
EQS News ID: | 1171816 |
End of News | DGAP News Service |
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1171816 01.03.2021