Put companies on watchlist
BayWa AG
ISIN: DE0005194062
WKN: 519406
About
Company Snapshot
New: Enable Investor Alerts
Be informed about new publications
New: AI Factsheet

Corporate News meets AI! 
Content analysis and summary

EN GIF 300X250

BayWa AG · ISIN: DE0005194062 · EQS - adhoc news (47 News)
Country: Germany · Primary market: Germany · EQS NID: 1993823
24 September 2024 12:39AM

First draft of restructuring report is positive


EQS-Ad-hoc: BayWa AG / Key word(s): Financing
BayWa AG: First draft of restructuring report is positive

24-Sep-2024 / 00:39 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.


The restructuring report commissioned by BayWa AG in July 2024 comes to the conclusion in a first draft that BayWa AG can be restructured under certain conditions and that its operating competitiveness and profitability can be restored in the medium term. According to the draft of the restructuring opinion, this is mainly based on the fact that BayWa Group operates with a stable outlook and holds a leading position with its key business divisions. According to the first draft report, restructuring over a period of several years is the prerequisite for reorganisation. The draft of the report considers numerous operating-level cost-cutting measures as necessary in restructuring and also envisions the sale of individual business divisions. Negotiations with financing partners and key stakeholders about the restructuring concept as well as realigning funding are continuing to proceed constructively. The Board of Management expects that an agreement can be reached here.


Contact:

Josko Radeljic, BayWa AG, Head of Investor Relations,
tel. +49 (0)89/92 22-38 87, Fax +49 (0)89/92 12-38 87,
e-mail: josko.radeljic@baywa.de


End of Inside Information

24-Sep-2024 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com


Language: English
Company: BayWa AG
Arabellastraße 4
81925 Munich
Germany
Phone: +49 (0)89/ 9222-3691
Fax: +49 (0)89/ 9212-3680
E-mail: presse@baywa.de
Internet: www.baywa.com
ISIN: DE0005194062, DE0005194005,
WKN: 519406, 519400,
Listed: Regulated Market in Frankfurt (Prime Standard), Munich; Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Stuttgart, Tradegate Exchange
EQS News ID: 1993823

 
End of Announcement EQS News Service

1993823  24-Sep-2024 CET/CEST

fncls.ssp?fn=show_t_gif&application_id=1993823&application_name=news&site_id=boersengefluester~~~ace3d64b-2049-452a-8d18-fbc8044c4b5f
Visual performance / price development - BayWa AG
Smart analysis and research tools can be found here.

This publication was provided by our content partner EQS3.

EQS Newswire
via EQS - Newsfeed
EQS Group AG ©2024
(DGAP)
Contact:
Karlstraße 47 D-80333 München
+49 (0) 89 444 430-000

 

SMART * AD
EN GIF 970X250

P R O D U C T   S U G G E S T I O N S

The information presented here has been provided by our content partner EQS-Group. The originator of the news is the respective issuer, the company relating to the news, a publication service provider (press or information agency) which uses the distribution service of EQS to transmit company news to shareholders, investors, investors or interested parties. The original publications and other company-relevant information can be found at eqs-news.com.


The information you can access does not constitute investment advice. The presentation of our cooperation partners, where the implementation of investment decisions would be possible depending on the individual risk profile, is solely at the discretion of the person using the service. We only present companies of which we are convinced that the range of services and customer service will satisfy discerning investors.

If you are considering leverage products, familiarise yourself with the typical characteristics of the financial instruments beforehand. Take the time to determine the risk content of the planned investment before making an investment decision. Bear in mind that a total loss cannot be ruled out with leverage products.

For newcomers to the subject, we offer various options in both the training and the tools section, through which you can train theoretical knowledge and practical experience and thus improve your skills. The offer ranges from participation in webinars to personal mentoring. The range is continuously being expanded.


1 Lab features are usually functionalities that emerge from the think tank of the investor community. In the early stages, these are experimental functionalities whose development process is largely determined by use and the resulting feedback from the community. When integrating external services or functionalities, the functionality can only be guaranteed to the extent that the individual process elements, such as interfaces, interact with each other.