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BayWa AG: Business figures 2014: Satisfactory result in extremely difficult agricultural year - increase anticipated for 2015 - Seite 3
conditions in some national markets, planned output rose once again in the
past year by over 70% to around 378 megawatts (MW). Of this amount, almost
220 MW was attributed to solar power plants, approximately 152 MW to wind
power plants and 6.4 MW to biomass. A large number of complete systems were
successfully sold: BayWa r.e. sold 11 photovoltaic plants in Europe, while
6 wind power plants could be sold in Europe and the USA. BayWa r.e. will be
taking responsibility for future technical operations of all sold
photovoltaic and wind power plants; it also handles commercial business
operations and maintenance for the lion's share of the plants. Revenues in
the Renewable Energies business sector increased by over 60% to EUR786.2
million (2013: EUR485.9 million). EBIT improved to EUR36.5 million (2013:
EUR34.5 million).
Building Materials Segment benefits from restructuring
In the area of building materials, the financial year 2014 was
characterised by extremely varying development in each quarter. At the
beginning of the year, the exceptionally mild weather led to an unusually
early and dynamic start to the season. Momentum was then lost over the rest
of the year. Winter failed to arrive in many parts of Southern Germany and
Saxony, which is where BayWa's building materials activities are
concentrated since the sale of its locations in North Rhine-Westphalia and
Rhineland Palatinate in the summer of 2014, allowing construction work to
continue well into the fourth quarter of 2014. This was reflected in the
2014 business figures. Revenues in the segment declined by EUR1.5 billion
in 2014 (2013: EUR1.7 billion) even though sales increased in core regions.
This was due to the fact that the previous year's figures included
contributions from the building materials locations sold in the financial
year 2014. These activities were attributed to Other Activities in the
reporting year due to the intended sale. EBIT was increased to EUR30.7
million (2013: EUR27 million).
Contact:
Marion Danneboom, BayWa AG, Head of PR/Corporate Communications,
tel. +49 (0)89/92 22-36 80, Fax +49 (0)89/92 22-36 98,
e-mail: marion.danneboom@baywa.de
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Language: English
Company: BayWa AG
Arabellastraße 4
81925 München
Germany
Phone: 089/ 9222-3691
Fax: 089/ 9222-3698
E-mail: marion.danneboom@baywa.de
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
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