EQS-News: BayWa AG expects earnings to improve in the financial year 2024
BayWa AG closes the financial year 2023 with operating earnings of €304.0 million, just below the forecast for the year.
- BayWa AG closes the financial year 2023 with operating earnings of €304.0 million, just below the forecast for the year.
- After deducting interest and tax, BayWa closed the past financial year with a loss of €93.4 million, down €332.9 million year on year.
- “We are using 2024 for consolidation,” says Marcus Pöllinger, Chief Executive Officer of BayWa AG.
- BayWa anticipates strong earnings growth in the current financial year, largely driven by a good apple harvest in New Zealand.