Announcement • May 11
BayWa Aktiengesellschaft to Report Q1, 2026 Results on May 26, 2026 BayWa Aktiengesellschaft announced that they will report Q1, 2026 results on May 26, 2026 Announcement • Apr 30
BayWa Aktiengesellschaft to Report Fiscal Year 2025 Results on Oct 30, 2026 BayWa Aktiengesellschaft announced that they will report fiscal year 2025 results at 9:00 AM, Central European Standard Time on Oct 30, 2026 Announcement • Nov 12
BayWa Aktiengesellschaft has completed a Follow-on Equity Offering in the amount of €179.115339 million. BayWa Aktiengesellschaft has completed a Follow-on Equity Offering in the amount of €179.115339 million.
Security Name: Shares
Security Type: Common Stock
Securities Offered: 44,802,868
Price\Range: €2.79
Security Name: Shares
Security Type: Common Stock
Securities Offered: 19,396,178
Price\Range: €2.79
Transaction Features: Regulation S; Rights Offering Announcement • Jul 15
BayWa Aktiengesellschaft, Annual General Meeting, Aug 26, 2025 BayWa Aktiengesellschaft, Annual General Meeting, Aug 26, 2025, at 10:00 W. Europe Standard Time. Announcement • Jun 11
First Dutch Capital B.V. agreed to acquire Cefetra B.V. from BayWa Aktiengesellschaft (XTRA:BYW). First Dutch Capital B.V. agreed to acquire Cefetra B.V. from BayWa Aktiengesellschaft (XTRA:BYW) on June 10, 2025. The transaction is expected to be completed in the coming months. Announcement • May 02
BayWa Aktiengesellschaft to Report Fiscal Year 2024 Final Results on Jul 10, 2025 BayWa Aktiengesellschaft announced that they will report fiscal year 2024 final results at 12:00 PM, Central European Standard Time on Jul 10, 2025 Announcement • Apr 10
BayWa Aktiengesellschaft Decides to Defer the Interest Payment Under the Hybrid Bond Originally Planned for 5 May 2025 BayWa AG reaches agreement on adjustment of restructuring agreement. Based on the adjusted financing concept for BayWa r.e. AG (see ad-hoc announcement from 17 March 2025) BayWa AG has reached an agreement on the necessary adjustments to the long-term restructuring agreement for the period until 2028 with its key financing partners as well as the major shareholders Bayerische Raiffeisen-Beteiligungs-AG and Raiffeisen Agrar Invest AG. On this basis, BayWa AG will be submitting the restructuring plan as part of StaRUG proceedings shortly. The existing standstill agreements were extended until 30 June 2025. In an additional effort to preserve liquidity, the company decided to defer the interest payment under the hybrid bond (WKN: A351PD | ISIN: DE000A351PD9) originally planned for 5 May 2025 as expressly provided for under the terms of the hybrid bond. Major Estimate Revision • Jan 31
Consensus EPS estimates fall by 63% The consensus outlook for fiscal year 2024 has been updated. 2024 expected loss increased from -€12.10 to -€19.78 per share. Revenue forecast unchanged at €21.1b. Trade Distributors industry in Germany expected to see average net income growth of 16% next year. Consensus price target down from €16.00 to €12.00. Share price fell 6.5% to €22.90 over the past week. Reported Earnings • Nov 15
Third quarter 2024 earnings: EPS misses analyst expectations Third quarter 2024 results: €9.04 loss per share. Revenue: €5.60b (flat on 3Q 2023). Net loss: €332.2m (loss widened €310.0m from 3Q 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 135%. Revenue is forecast to grow 2.7% p.a. on average during the next 3 years, compared to a 4.0% growth forecast for the Trade Distributors industry in Europe. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 86 percentage points per year, which is a significant difference in performance. Announcement • Oct 18
Baywa Aktiengesellschaft Announces Board and Executive Changes BayWa Aktiengesellschaft announced that the Chairman of the Board of Management, Mr. Marcus Pöllinger, have agreed that Mr. Pöllinger will leave the Board of Management of BayWa AG by mutual consent with effect from the end of 31 October 2024. Furthermore, the Supervisory Board and the Chief Financial Officer, Mr. Andreas Helber, have agreed by mutual consent on the termination of Mr. Helber’s term of office with effect from the end of 31 March 2025. Mr. Michael Baur, Chief Restructuring Officer and Chief Representative of the Company, was appointed as an additional member of the Board of Management. Reported Earnings • Sep 29
Second quarter 2024 earnings released Second quarter 2024 results: Revenue: €5.62b (down 11% from 2Q 2023). Net loss: €79.3m (loss widened €75.3m from 2Q 2023). Revenue is forecast to grow 2.2% p.a. on average during the next 3 years, compared to a 4.0% growth forecast for the Trade Distributors industry in Europe. Price Target Changed • Aug 02
Price target decreased by 44% to €16.00 Down from €28.75, the current price target is provided by 1 analyst. New target price is 42% below last closing price of €27.70. Stock is down 44% over the past year. The company is forecast to post a net loss per share of €1.83 next year compared to a net loss per share of €2.84 last year. New Risk • Jul 26
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of German stocks, typically moving 10% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (0.4x net interest cover). Share price has been highly volatile over the past 3 months (10% average weekly change). Announcement • Jul 25
BayWa Aktiengesellschaft to Report First Half, 2024 Results on Sep 27, 2024 BayWa Aktiengesellschaft announced that they will report first half, 2024 results on Sep 27, 2024 Reported Earnings • May 10
First quarter 2024 earnings released: €1.98 loss per share (vs €0.13 profit in 1Q 2023) First quarter 2024 results: €1.98 loss per share (down from €0.13 profit in 1Q 2023). Revenue: €5.31b (down 16% from 1Q 2023). Net loss: €69.8m (down €74.3m from profit in 1Q 2023). Revenue is forecast to grow 3.1% p.a. on average during the next 3 years, compared to a 3.2% growth forecast for the Trade Distributors industry in Europe. Over the last 3 years on average, earnings per share has fallen by 57% per year but the company’s share price has only fallen by 12% per year, which means it has not declined as severely as earnings. Price Target Changed • Apr 17
Price target decreased by 15% to €40.75 Down from €48.00, the current price target is an average from 2 analysts. New target price is 18% above last closing price of €34.60. Stock is down 40% over the past year. The company posted a net loss per share of €2.84 last year. Reported Earnings • Mar 30
Full year 2023 earnings released Full year 2023 results: Revenue: €24.4b (down 9.9% from FY 2022). Net loss: €98.1m (down 163% from profit in FY 2022). Revenue is forecast to stay flat during the next 3 years compared to a 3.2% growth forecast for the Trade Distributors industry in Europe. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. Price Target Changed • Nov 16
Price target decreased by 8.0% to €46.00 Down from €50.00, the current price target is an average from 2 analysts. New target price is approximately in line with last closing price of €45.80. Stock is down 29% over the past year. The company is forecast to post earnings per share of €0.49 for next year compared to €4.36 last year. Reported Earnings • Nov 10
Third quarter 2023 earnings: Revenues miss analyst expectations Third quarter 2023 results: Revenue: €5.95b (down 17% from 3Q 2022). Net loss: €22.2m (down 173% from profit in 3Q 2022). Revenue missed analyst estimates by 17%. Revenue is forecast to grow 2.2% p.a. on average during the next 3 years, compared to a 6.5% growth forecast for the Trade Distributors industry in Europe. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth. New Risk • Oct 11
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of German stocks, typically moving 8.5% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.6x net interest cover). Share price has been highly volatile over the past 3 months (8.5% average weekly change). Dividend is not well covered by earnings and cash flows. Payout ratio: 147% Paying a dividend despite having no free cash flows. Minor Risk Profit margins are more than 30% lower than last year (0.1% net profit margin). Announcement • Sep 22
BayWa Aktiengesellschaft to Report Q1, 2024 Results on May 08, 2024 BayWa Aktiengesellschaft announced that they will report Q1, 2024 results on May 08, 2024 Major Estimate Revision • Sep 06
Consensus EPS estimates increase by 65%, revenue downgraded The consensus outlook for fiscal year 2023 has been updated. 2023 revenue forecast fell from €27.2b to €26.3b. EPS estimate rose from €0.31 to €0.51. Net income forecast to grow 228% next year vs 4.3% growth forecast for Trade Distributors industry in Germany. Consensus price target down from €50.00 to €44.00. Share price fell 6.3% to €44.40 over the past week. Valuation Update With 7 Day Price Move • Aug 16
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to €43.20, the stock trades at a forward P/E ratio of 87x. Average forward P/E is 15x in the Trade Distributors industry in Europe. Total returns to shareholders of 50% over the past three years. New Risk • Aug 07
New major risk - Dividend sustainability The dividend is not well covered by earnings and cash flows. Payout ratio: 147% The company is paying a dividend despite having no free cash flows. Dividend yield: 2.2% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.6x net interest cover). Dividend is not well covered by earnings and cash flows. Payout ratio: 147% Paying a dividend despite having no free cash flows. Minor Risk Profit margins are more than 30% lower than last year (0.1% net profit margin). New Risk • Aug 04
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 0.2% Last year net profit margin: 0.6% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.1x net interest cover). Minor Risks Dividend is not well covered by cash flows (337% cash payout ratio). Profit margins are more than 30% lower than last year (0.2% net profit margin). Reported Earnings • Aug 03
Second quarter 2023 earnings released Second quarter 2023 results: Revenue: €6.40b (down 3.9% from 2Q 2022). Net loss: €4.00m (down 105% from profit in 2Q 2022). Revenue is forecast to stay flat during the next 3 years compared to a 6.9% growth forecast for the Trade Distributors industry in Europe. Price Target Changed • Jul 11
Price target decreased by 10% to €50.00 Down from €55.75, the current price target is provided by 1 analyst. New target price is approximately in line with last closing price of €51.40. Stock is down 6.9% over the past year. Announcement • Jun 13
BayWa Aktiengesellschaft to Report Q2, 2023 Results on Aug 03, 2023 BayWa Aktiengesellschaft announced that they will report Q2, 2023 results on Aug 03, 2023 Upcoming Dividend • May 31
Upcoming dividend of €1.20 per share at 2.0% yield Eligible shareholders must have bought the stock before 07 June 2023. Payment date: 09 June 2023. Payout ratio is a comfortable 19% but the company is not cash flow positive. Trailing yield: 2.0%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (2.7%). Announcement • May 27
MOL Magyar Olaj- és Gázipari Nyilvánosan Muködo Részvénytársaság (BUSE:MOL) agreed to acquire Szarvas Biogas Plant from BayWa Aktiengesellschaft (XTRA:BYW). MOL Magyar Olaj- és Gázipari Nyilvánosan Muködo Részvénytársaság (BUSE:MOL) agreed to acquire Szarvas Biogas Plant from BayWa Aktiengesellschaft (XTRA:BYW) on May 26, 2023. Reported Earnings • May 15
First quarter 2023 earnings released First quarter 2023 results: Revenue: €6.37b (up 1.7% from 1Q 2022). Net income: €4.50m (down 89% from 1Q 2022). Profit margin: 0.1% (down from 0.7% in 1Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to stay flat during the next 3 years compared to a 4.3% growth forecast for the Trade Distributors industry in Europe. Major Estimate Revision • Nov 16
Consensus forecasts updated The consensus outlook for 2022 has been updated. 2022 revenue forecast increased from €22.2b to €25.1b. EPS estimate unchanged from €3.69 at last update. Trade Distributors industry in Germany expected to see average net income growth of 8.3% next year. Consensus price target of €54.05 unchanged from last update. Share price rose 2.5% to €64.60 over the past week. Announcement • Nov 12
BayWa Aktiengesellschaft, Annual General Meeting, Jun 06, 2023 BayWa Aktiengesellschaft, Annual General Meeting, Jun 06, 2023. Valuation Update With 7 Day Price Move • Oct 27
Investor sentiment improved over the past week After last week's 24% share price gain to €59.00, the stock trades at a forward P/E ratio of 25x. Average forward P/E is 10x in the Trade Distributors industry in Europe. Total returns to shareholders of 111% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €51.52 per share. Valuation Update With 7 Day Price Move • Oct 12
Investor sentiment deteriorated over the past week After last week's 17% share price decline to €47.10, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 10x in the Trade Distributors industry in Europe. Total returns to shareholders of 68% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €48.76 per share. Valuation Update With 7 Day Price Move • Sep 01
Investor sentiment deteriorated over the past week After last week's 16% share price decline to €58.00, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 11x in the Trade Distributors industry in Europe. Total returns to shareholders of 103% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €52.61 per share. Major Estimate Revision • Aug 12
Consensus EPS estimates increase by 53% The consensus outlook for earnings per share (EPS) in 2022 has improved. 2022 revenue forecast increased from €21.7b to €22.0b. EPS estimate increased from €2.05 to €3.13 per share. Net income forecast to shrink 25% next year vs 13% growth forecast for Trade Distributors industry in Germany . Consensus price target up from €41.00 to €44.20. Share price was steady at €68.80 over the past week. Reported Earnings • Aug 05
Second quarter 2022 earnings released Second quarter 2022 results: Revenue: €6.80b (up 36% from 2Q 2021). Net income: €82.7m (up 163% from 2Q 2021). Profit margin: 1.2% (up from 0.6% in 2Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is expected to shrink by 7.1% compared to a 10% growth forecast for the industry in Germany. Valuation Update With 7 Day Price Move • Jul 29
Investor sentiment improved over the past week After last week's 18% share price gain to €66.60, the stock trades at a forward P/E ratio of 34x. Average forward P/E is 13x in the Trade Distributors industry in Europe. Total returns to shareholders of 123% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €41.53 per share. Price Target Changed • Jul 01
Price target decreased to €41.00 Down from €51.00, the current price target is an average from 3 analysts. New target price is 24% below last closing price of €53.60. Stock is up 27% over the past year. The company is forecast to post earnings per share of €1.99 for next year compared to €1.63 last year. Upcoming Dividend • May 18
Upcoming dividend of €1.05 per share Eligible shareholders must have bought the stock before 25 May 2022. Payment date: 27 May 2022. Payout ratio is a comfortable 37% but the company is not cash flow positive. Trailing yield: 1.7%. Lower than top quartile of German dividend payers (4.3%). Lower than average of industry peers (2.6%). Reported Earnings • May 06
First quarter 2022 earnings: Revenues exceed analyst expectations First quarter 2022 results: Revenue: €6.36b (up 49% from 1Q 2021). Net income: €41.7m (up 317% from 1Q 2021). Profit margin: 0.7% (up from 0.2% in 1Q 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 4.5%. Over the next year, revenue is expected to shrink by 3.1% compared to a 9.8% growth forecast for the industry in Germany. Major Estimate Revision • May 03
Consensus forecasts updated The consensus outlook for 2022 has been updated. 2022 EPS estimate increased from €1.68 to €1.92. Revenue forecast steady at €21.1b. Net income forecast to grow 11% next year vs 22% growth forecast for Trade Distributors industry in Germany. Consensus price target of €51.00 unchanged from last update. Share price fell 2.4% to €64.40 over the past week. Price Target Changed • Apr 27
Price target increased to €50.00 Up from €45.00, the current price target is an average from 3 analysts. New target price is 26% below last closing price of €67.20. Stock is up 47% over the past year. The company is forecast to post earnings per share of €1.68 for next year compared to €1.63 last year. Valuation Update With 7 Day Price Move • Apr 14
Investor sentiment deteriorated over the past week After last week's 17% share price decline to €59.80, the stock trades at a forward P/E ratio of 36x. Average forward P/E is 15x in the Trade Distributors industry in Europe. Total returns to shareholders of 100% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €50.84 per share. Price Target Changed • Apr 07
Price target increased to €50.00 Up from €45.00, the current price target is an average from 3 analysts. New target price is 30% below last closing price of €71.00. Stock is up 76% over the past year. The company is forecast to post earnings per share of €1.68 for next year compared to €1.63 last year. Major Estimate Revision • Apr 05
Consensus revenue estimates increase by 13% The consensus outlook for revenues in 2022 has improved. 2022 revenue forecast increased from €19.8b to €22.3b. EPS estimate increased from €1.65 to €1.68 per share. Net income forecast to grow 2.2% next year vs 20% growth forecast for Trade Distributors industry in Germany. Consensus price target reaffirmed at €45.00. Share price rose 14% to €67.20 over the past week. Valuation Update With 7 Day Price Move • Mar 31
Investor sentiment improved over the past week After last week's 21% share price gain to €68.00, the stock trades at a forward P/E ratio of 41x. Average forward P/E is 16x in the Trade Distributors industry in Europe. Total returns to shareholders of 136% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €95.46 per share. Valuation Update With 7 Day Price Move • Mar 14
Investor sentiment improved over the past week After last week's 20% share price gain to €55.00, the stock trades at a forward P/E ratio of 32x. Average forward P/E is 15x in the Trade Distributors industry in Europe. Total returns to shareholders of 82% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €95.41 per share. Major Estimate Revision • Nov 27
Consensus EPS estimates increase to €1.93 The consensus outlook for earnings per share (EPS) in 2021 has improved. 2021 revenue forecast increased from €18.2b to €18.6b. EPS estimate increased from €1.62 to €1.93 per share. Net income forecast to shrink 25% next year vs 20% growth forecast for Trade Distributors industry in Germany . Consensus price target up from €43.50 to €45.00. Share price fell 4.2% to €45.60 over the past week. Reported Earnings • Nov 13
Third quarter 2021 earnings released: EPS €0.059 The company reported a soft third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: €5.01b (up 25% from 3Q 2020). Net income: €3.10m (down 71% from 3Q 2020). Profit margin: 0.1% (down from 0.3% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Oct 19
Investor sentiment improved over the past week After last week's 19% share price gain to €51.00, the stock trades at a forward P/E ratio of 33x. Average forward P/E is 21x in the Trade Distributors industry in Europe. Total returns to shareholders of 72% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €52.62 per share. Reported Earnings • Aug 06
Second quarter 2021 earnings released The company reported a solid second quarter result with improved earnings and revenues, although profit margins were flat. Second quarter 2021 results: Revenue: €5.10b (up 18% from 2Q 2020). Net income: €31.5m (up 17% from 2Q 2020). Profit margin: 0.6% (in line with 2Q 2020). Over the last 3 years on average, earnings per share has increased by 55% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth.