Revenues - BayWa
Revenues - BayWa
Revenues - BayWa
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29<br />
Outlook in 2010<br />
<strong>BayWa</strong> Agriculture<br />
� Good grain sales potential due to inventory stockpiles<br />
� Collection and storage business likely to be weaker than in 2009<br />
� Grain prices: sideways movement anticipated at a high level<br />
� Stable incoming liquidity boosts operating resources and agricultural equipment business<br />
� Agriculture Segment : anticipates an increase in revenues and profits as against the year-earlier<br />
figures<br />
B<strong>BayWa</strong> W BBuilding ildi Materials<br />
M t i l<br />
� Building Materials: delaying effects likely to boost performance in the final quarter<br />
� Overall development of the Building Materials business unit falls short of expectations despite<br />
possibility of increase as against the year-earlier figure<br />
� DIY&GC: slight growth anticipated from optimisation of product mix and DIY and garden centres<br />
� Consumer behaviour more stable owing to economic situation<br />
� Building Materials Segment: following quarters depend greatly on the weather and the economy<br />
<strong>BayWa</strong> Energy<br />
� Fuel: winter quarter likely to boost order volumes further (heating oil)<br />
� Record result in 2009 from conventional energy gy business cannot be repeated p<br />
(higher oil prices as against previous year – weaker consumer demand and margins)<br />
� Further reductions of tariffs under the German Renewable Energies Act (EEG) to provide<br />
stimulus for the solar business before the year ends<br />
� Completion and sale of projects (and plants) planned for the final quarter<br />
� <strong>BayWa</strong> r.e‘s EBIT target of EUR 20 million on track
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