Revenues - BayWa
Revenues - BayWa
Revenues - BayWa
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23<br />
Development in 1-9/2010<br />
Development of Energy (conventional)<br />
� Rising demand for heating oil from H2 onwards<br />
� At the end of Q3, levels of filling tanks in private households still slightly below average<br />
levels for the time of the year (around 60%)<br />
� Fuel oil: margin trend remains stable<br />
� Development of lubricants business higher y/y due to influence of economy<br />
Development of <strong>BayWa</strong> r.e<br />
� DDevelopment l t off B<strong>BayWa</strong> W r.e iin li line with ith plan l<br />
� Profit generated in particular by solar business<br />
� First project sale (La BenateWind Park in France)<br />
� Completion of on-roof solar plant in Barcelona‘s harbour