EQS-Adhoc: BayWa AG: BayWa AG withdraws forecast for current fiscal year 2025 due to BayWa r.e. AG

Summary by AI BETAClose X

BayWa AG has withdrawn its earnings forecast for the 2025 fiscal year due to potential impacts on BayWa r.e. AG's adjusted EBITDA. This stems from a review of the changed regulatory framework for renewable energy promotion in the USA, which may necessitate the revaluation of ongoing projects as inventory assets. Consequently, the Board of Management no longer considers the previously communicated earnings forecasts for the Renewable Energies segment and the BayWa Group, as presented in the 2024 financial report and confirmed in the 2025 half-year report, to be reliable. Despite this, BayWa AG remains confident in successfully completing its group restructuring by the end of 2028 through appropriate countermeasures.

Disclaimer*

UK 100

Latest directors dealings