Current news from BayWa r.e.
BayWa r.e. announces the appointment of Dr. Mihaela Seidl as Chief Financial Officer (CFO) and Member of the Management Board.
Company generates above-average Group EBIT in the first quarter of 2023 – good starting point for earnings targets in the current financial year.
War in Ukraine will delay net zero goals while simultaneously propelling the renewable transition forward.
Positive prospects for further business development after an exceptional year: Company is aiming for operating EBIT of between €470 million and €520 million by the end of 2025.
Following strategic realignment, BayWa r.e. AG will focus on international project business and further expansion as an independent power producer (IPP) going forward.
BayWa AG continues strong growth momentum in third quarter – full-year forecast raised again.
Full-year guidance raised to between €400 million and €450 million.
BayWa delivers excellent results again in 2021 – growth momentum continues.
BayWa AG closed 2021 with a significant jump in earnings, confirming the excellent business performance that it had already indicated during the past twelve months.
Following a successful 2021 with significant progress made across its business entities, BayWa r.e. predicts record growth and expansion in 2022.