Overview
- BayWa disclosed that deteriorating conditions at BayWa r.e. could cause material deviations from its business plan.
- The board has opened precautionary discussions with key financing partners and major shareholders to safeguard refinancing at the end of the restructuring period.
- The company cautioned that its 2025 annual report, previously targeted by April 30, may be postponed because BayWa r.e. has not provided figures.
- BayWa cited weaker renewables markets in the United States and Europe, including the removal of U.S. tax credits under President Trump, as pressures on r.e.’s valuation.
- The group remains highly leveraged after years of expansion, reported a €1.6 billion loss in 2024, and still owns 51% of BayWa r.e., with a planned stake sale to EIP having failed.