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Revenues - BayWa

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19<br />

Development in 1-9/2010<br />

Development p of Buildingg Materials<br />

� Slow start to the season due to the weather and project delays (Q3)<br />

� Increase in modernisation and refurbishment activities in residential construction<br />

� Increase in the warehousing business over the course of the year<br />

� As from Q3, result positive<br />

Development p of DIY & Garden Centres<br />

� Catching up effect in the retail business (Q3)<br />

� Optimisation of product mix having positive effects<br />

� Very good start to business of refurbished garden centres in Backnang, Illertissen and<br />

Grafenau<br />

� Garden business suffered from cold weather in the spring

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