BayWa results impaired due to base and special effects

For the first quarter of 2023, BayWa AG (Munich) reported a year-on-year decline in EBIT of 36.6% to €91.8m (Jan.-March 2022: 144.9m). At group level, slight turnover growth of 0.4% to €6.280bn (6.257bn) was recorded. In addition to base effects, business activity was also negatively impacted by various special effe...

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