Overview
- Baywa said it can no longer keep to its restructuring timetable because renewable subsidiary Baywa r.e. will underperform versus prior expectations.
- The board now anticipates the planned sale of Baywa r.e. will generate significantly less than the previously targeted €1.7 billion.
- The company is negotiating a standstill with major shareholders and creditor banks to secure breathing room through autumn 2026.
- Baywa r.e. disclosed its own turnaround will take roughly two extra years, with a new target year of 2030.
- Publication of Baywa’s 2025 consolidated financial statements may be delayed into the fourth quarter as the overall recovery plan is adjusted.