BayWa AG: Loss Notification and Ongoing Restructuring Efforts

BayWa AG has disclosed a loss notification as per Section 92 (1) of the German Stock Corporation Act (AktG). This comes after the Management Board found that the company's equity capital fell below half of its registered share capital as of December 31, 2024. The decrease is primarily due to write-downs from investments like BayWa r.e. AG, leaving negative equity on the balance sheet.

The company assures that this development aligns with projections in their restructuring plan. The implementation of this plan remains unaffected, as do the restructuring financing and the positive going-concern forecast. A statutory obligation necessitates reporting this loss at the annual general meeting on August 26, 2025, though no resolutions are currently planned.

BayWa expects a net loss of €1.6 billion for the 2024 financial year. The company's goal is to return to positive economic equity by the end of 2028.