BayWa posts record result in 2022 – Board of Management proposes a dividend increase plus payment of a special dividend

Number: 00723-PIU02 | Date 28 February 2023

BayWa posts record result in 2022 – Board of Management proposes a dividend increase plus payment of a special dividend

Publication of preliminary figures for the 2022 financial year.

 

Munich, 28 February 2023 – As anticipated, BayWa AG closed the financial year 2022 by setting new records in revenues and earnings. In doing so, the company continued the outstanding business performance that had already been indicated over the course of the year and successfully built on the growth momentum of previous years despite the numerous challenges facing the market. The SDAX-listed Group recorded earnings before interest and tax (EBIT) of €504.1 million (2021: €266.6 million) – up almost 90% year on year. Revenues stood at €27.1 billion in 2022 (2021: €19.8 billion). The BayWa Board of Management will propose to the Supervisory Board to raise the dividend for 2022 to €1.10 per share. In addition, a special dividend of 10 cents per share is to be paid this year to mark the 100th anniversary of BayWa AG.

BayWa’s supply function withstands uncertainty
“In a volatile market environment characterised by scarce resources and supply bottlenecks, BayWa proved in 2022 that it is a resilient partner times of crisis,” says Prof. Klaus Josef Lutz, Chief Executive Officer of BayWa AG. “In the financial year just ended, we witnessed a high level of demand in the areas of heat energy carriers, agricultural inputs and building materials – combined with a keen need for supply reliability and stability on the part of our customers. Thanks to forward-looking inventory and risk management, a broad supplier network and the knowledge and experience acquired over our company’s 100 years in business, we succeeded in meeting these needs and building on the growth momentum of recent years.”

BayWa AG Annual Results Press Conference on 30 March 2023
BayWa will publish detailed figures for the financial year 2022 along with its balance sheet on 30 March 2023. The Annual Results Press Conference will be held as a hybrid event on 30 March, starting at 10.30 am. The analysts’ conference scheduled for the same day will also be held in a hybrid format.

Press Contact:
Anja Richter
Tel.: +49 89 9222-3696
E-Mail: anja.richter@baywa.de

 

About BayWa AG
The BayWa AG is a globally active group with the business units Energy, Agriculture and Building Materials. As a global player it develops innovative and sustainable solutions for the basic needs of food, energy, mobility and housing. Around 21,500 employees work for it in more than 50 countries. The parent company, which was founded in 1923 and will celebrate its 100th anniversary in 2023, is headquartered in Munich. BayWa AG has its origins in cooperative agricultural trade with the task of supplying rural areas with everything that agriculture needs. You can find more information at www.baywa.com/en/press

Contact:
Jenny Levié, BayWa AG, Head of Corporate Communications,
tel. +49 (0)89/92 22-36 80, Fax +49 (0)89/92 12-36 80,
e-mail: jenny.levie@baywa.de