DGAP-News: BayWa AG / Key word(s): Preliminary Results Financial year 2014: BayWa AG rallies in fourth quarter and plans to raise dividend further 04.03.2015 / 10:00 --------------------------------------------------------------------- Financial year 2014: BayWa AG rallies in fourth quarter and plans to raise dividend further BayWa AG has reported a strong final quarter in the financial year 2014, especially in the Agriculture Segment. This had a positive effect on the trading and services company's preliminary annual figures. BayWa AG recorded revenues of EUR15.2 billion (2013: around EUR16.0 billion) in the financial year 2014. The decline was mainly due to the sharp drop in prices for agricultural produce and heating oil. The Agriculture, Energy and Building Materials Segments generated operating EBIT of EUR186.4 million (2013: EUR195.6 million) in 2014. Taking into account factors that do not influence the operating business, the Group achieved EBIT of around EUR147 million (2013: EUR222 million) in total. The major year-on-year difference in EBIT was largely due to one-off effects in 2013, which included the accounting profit from the sale of real estate packages and, among other factors, to consolidation effects that had a more pronounced negative impact in the reporting year. "Summer and autumn 2014 were marked by a highly challenging business environment in agricultural trading that saw large harvests and low prices as well as the resulting negative impact on earnings. We caught up in the final quarter. Coupled with very good development in agricultural equipment, operating resources and renewable energies in particular, we managed to generate a satisfactory result as at the end of the year," Klaus Josef Lutz, Chief Executive Officer of BayWa AG, explained. The Group's international focus proved decisive, he added. Lutz also emphasised that the Board of Management will put forward to the Supervisory Board a proposal to raise the dividend for 2014 from EUR0.75 to EUR0.80 per share in keeping with BayWa's policy of consistent dividend development. This would correspond to an increase of 7%, thereby doubling the dividend since 2009. BayWa AG is set to publish its full business figures for the year together with its balance sheet on 26 March 2015. Contact: Marion Danneboom, BayWa AG, Head of PR/Corporate Communication, tel. +49 (0)89/92 22-36 80, Fax +49 (0)89/92 22-36 98, e-mail: [email protected] --------------------------------------------------------------------- 04.03.2015 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 --------------------------------------------------------------------- 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 End of News DGAP News-Service --------------------------------------------------------------------- 329605 04.03.2015