BayWa posts record result in 2022 – Board of Management proposes a dividend increase plus payment of a special dividend (news with additional features)
EQS-News: BayWa AG / Key word(s): Preliminary Results
Number: 00723-PIU02 | Date 28 February 2023
BayWa posts record result in 2022 – Board of Management proposes a dividend increase plus payment of a special dividend
Munich, 28 February 2023 – As anticipated, BayWa AG closed the financial year 2022 by setting new records in revenues and earnings. In doing so, the company continued the outstanding business performance that had already been indicated over the course of the year and successfully built on the growth momentum of previous years despite the numerous challenges facing the market. The SDAX-listed Group recorded earnings before interest and tax (EBIT) of €504.1 million (2021: €266.6 million) – up almost 90% year on year. Revenues stood at €27.1 billion in 2022 (2021: €19.8 billion). The BayWa Board of Management will propose to the Supervisory Board to raise the dividend for 2022 to €1.10 per share. In addition, a special dividend of 10 cents per share is to be paid this year to mark the 100th anniversary of BayWa AG.
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About BayWa AG
28.02.2023 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG.
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