BayWa Reports €641 Million Loss Amid Financial Struggles

The German agribusiness giant faces significant challenges with declining revenues and share value, aiming for recovery by 2027.

BayWa, Germany's largest agribusiness company, reported a net loss of €641 million for the first nine months of 2024.
The company's share price has plummeted to its lowest level since 2003, reflecting ongoing financial instability.
Revenue dropped by nearly 12% to €16 billion, attributed to poor performance in renewable energy and agricultural sectors.
BayWa's main shareholders have provided loans totaling €157 million to support the company through its financial difficulties.
A recovery plan is in place, with a comprehensive restructuring report due in December, aiming for stabilization by 2027.