14.03.2016
BayWa AG DE0005194062
DGAP-News: Preliminary figures for the financial year 2015: BayWa increases EBIT thanks to international business and plans to raise dividend further
DGAP-News: BayWa AG / Key word(s): Preliminary Results
Preliminary figures for the financial year 2015: BayWa increases EBIT thanks
to international business and plans to raise dividend further
14.03.2016 / 10:08
The issuer is solely responsible for the content of this announcement.
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Preliminary figures for the financial year 2015: BayWa increases EBIT
thanks to international business and plans to raise dividend further
BayWa AG was once again able to benefit from its international activities
in the financial year 2015 and increase earnings before interest and tax
(EBIT) year on year. Renewable energy made a particular contribution to
this with a very strong second half of the year.
This had a positive effect on the international trading and services
company's preliminary annual figures. In 2015, the Group generated EBIT of
EUR158.1 million (2014: EUR152.1 million*). Revenues in the financial year
2015 amounted to EUR14.9 billion, down slightly year on year (2014: EUR15.2
billion). This drop was mainly due to the sharp decline in commodity prices
in the agricultural and energy sector.
In the reporting year 2015, the difficult market environment in
agricultural trade negatively impacted earnings in the Agriculture Segment
due to low producer prices and a reduced willingness to sell among domestic
farmers. Much of the agricultural industry in Germany was affected by the
associated impact. "However, thanks to its good position in the
international agricultural business, BayWa was able to compensate for this
development to a certain extent," said Klaus Josef Lutz, Chief Executive
Officer of BayWa AG, underscoring the Group's international orientation.
This is also evidenced by the very good development of the renewable energy
business. "This field made a substantial contribution to the improved
consolidated result in 2015 as a result of mainly international project
sales in the second half of the year," the Chief Executive Officer added.
Lutz also announced that the Board of Management of BayWa AG would once
again put forward to the Supervisory Board a proposal to raise the dividend
for 2015 from EUR0.80 to EUR0.85 per share in keeping with the policy of
consistent dividend development, corresponding to an increase of 6.3%. As a
result, the dividend would have more than doubled since 2009.
BayWa AG will publish detailed figures along with its balance sheet on 31
March 2016.
* Previous year's figures adjusted for effects from accounting of finance
leasing in the financial year 2013.
Contact:
Marion Danneboom, BayWa AG, Head of PR/Corporate Communications,
tel. +49 (0)89/92 22-36 80, Fax +49 (0)89/92 22-36 98,
e-mail: [email protected]
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14.03.2016 Dissemination of a Corporate News, transmitted by DGAP - a
service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
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Language: English
Company: BayWa AG
Arabellastraße 4
81925 München
Germany
Phone: 089/ 9222-3691
Fax: 089/ 9222-3698
E-mail: [email protected]
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; Terminbörse EUREX
End of News DGAP News Service
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