BayWa AG : Q1 2021 marks a strong start for all segments
>Q1 2021 results strong and supported by all segments - BayWa reported an exceptionally strong Q1 2021 driven by all segments. Reported EBIT came in at € 45.1m and compares with our € 4.5m EBIT loss estimate (average EBIT loss previous 4 first quarters stood at €18.5m). The main driver was renewable energy as the segment booked two large project disposals. The agriculture segment as well as the buildings materials segment beat our estimates on solid demand and healthy...BayWa is a trading and service company. Co. operates in six business units: Agricultural Trade, which comprises trading in agricultural produce and operating resources; Fruit, which includes activities of fruit growing and trading; Agricultural Equipment, which provides agricultural equipment and services; Energy, which supplies heating oil, fuels, lubricants and wood pellets to customers; Renewable Energies, which provides customers services geared to project planning for wind power, biogas facilities and solar power plants; and Building Materials, which comprises building materials sales activities as well as the operation of DIY and garden centres of Co.'s Austrian group companies.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.