BRIEF

on BayWa AG (isin : DE0005194062)

BayWa AG: First Draft of Restructuring Report Shows Positive Outlook

Stock price chart of BayWa AG (EBR:BYW6) showing fluctuations.

The restructuring report commissioned by BayWa AG in July 2024 concludes in its first draft that the company can be restructured under certain conditions. This report indicates that the operating competitiveness and profitability of BayWa AG can be restored in the medium term.

The draft highlights that BayWa Group operates with a stable outlook and maintains a leading position in its key business divisions. The restructuring over several years is essential for reorganisation. The draft includes numerous necessary cost-cutting measures at the operational level and plans the sale of specific business divisions.

Constructive negotiations with financing partners and key stakeholders continue. The Board of Management is optimistic about reaching an agreement on the restructuring concept and funding realignment.

R. P.

Copyright © 2024 FinanzWire, all reproduction and representation rights reserved.
Disclaimer: although drawn from the best sources, the information and analyzes disseminated by FinanzWire are provided for informational purposes only and in no way constitute an incentive to take a position on the financial markets.

Click here to consult the press release on which this article is based

See all BayWa AG news