DGAP-Ad-hoc: The BayWa Group achieves considerable increases in revenue and profit in the first half-year BayWa AG:
BayWa AG / Half Year Results
Release of an Ad hoc announcement according to § 15 WpHG, transmitted by
DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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Ad-hoc release pursuant to Section 15 of the German Securities Trading Act
(WpHG)
The BayWa Group achieves considerable increases in revenue and profit in
the first half-year
The BayWa Group, a Munich-based trading and services company, continued its
good start to the season and achieved considerable increases in the second
quarter of the current financial year. At the end of six months, revenue
came to EUR 4.4 billion, which is 28.3 percent higher in comparison with
the previous year’s period.
The Group raised ordinary profit to around EUR 80 million, which is EUR 40
million more as against the first six months of 2007. The remarkable leap
in profit was mainly attributable to the Agriculture Segment which used the
favourable market situation to boost revenue and earnings.
The Group will be releasing further figures and detailed information on the
development of its individual business segments in its half-yearly report
and at a press conference to be held on 7 August.
BayWa Aktiengesellschaft, Arabellastraße 4, D - 81925 München, www.baywa.de
WKN 519406 // ISIN DE0005194062; WKN 519400 //
ISIN DE0005194005
Contact:
Lothar Schönberger, Tel. 089/9222-3692, E-Mail:
lothar.schoenberger@baywa.de
31.07.2008 Financial News transmitted by DGAP
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Language: English
Issuer: BayWa AG
Arabellastraße 4
81925 München
Deutschland
Phone: 089/ 9222-3692
Fax: 089/ 9222-3698
E-mail: presse@baywa.de
Internet: www.baywa.de
ISIN: DE0005194062, DE0005194005,
WKN: 519406, 519400,
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, Düsseldorf, Hamburg, München, Stuttgart
End of News DGAP News-Service
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