Overview

• The Munich-based agribusiness posted a record €1.6 billion loss for 2024, driven primarily by write-downs at its renewable-energy subsidiary BayWa r.e.
• BayWa confirmed its creditor-backed restructuring plan through 2028 remains viable with financing arrangements intact.
• The company initiated the first four closures of 26 Bavarian locations and eliminated about 700 positions of a planned 1,300-job reduction.
• Earlier divestments, including the sale of its Cefetra unit, have reduced liabilities by more than €1 billion against a total debt load exceeding €5 billion.
• A €200 million capital increase is set to bolster the balance sheet, with cooperative shareholders committing €150 million