Munich / DE. (bag) Germany’s BayWa AG closed the reporting year 2021 with a significant jump in earnings. The company has thus confirmed the outstanding business development already indicated during the year and successfully followed on from the previous year. In terms of earnings before interest and taxes (Ebit), the SDAX-listed group posted 266.6 million euros (previous year: 211.6 million euros) – an increase of around 26 percent compared to the previous year. Sales in 2021 are 19.8 billion euros (previous year: 16.5 billion euros). All three operating business units contributed to the increase in earnings. The BayWa Board of Management will propose to the Supervisory Board to increase the dividend for 2021 by EUR 0.05 to EUR 1.05 per share.
«In a market environment that is presenting many companies with increasing challenges, BayWa has performed excellently. The figures show how right the realignment initiated more than ten years ago has been,» says Chairman of the Board of Management Prof. Klaus Josef Lutz. «We have consistently pushed ahead with internationalization and diversification and entered new business models, for example in renewable energies. As a result, BayWa is not only in a very solid economic position today, it has also continuously generated further growth. This is reflected, among other things, in the dividend, which has increased by 70 percent during this time.»
In addition to achieving its operating targets, some of which were exceeded, BayWa had also set the course for future profitability during the reporting period. With a financing and investment policy that will be even more closely aligned with ESG criteria in the future, BayWa is in a good starting position for the politically targeted sustainable transformation of the economy.
BayWa will publish the detailed figures for the financial year 2021 with its balance sheet on March 24, 2022.
