BayWa Reports Second Quarter 2023 Earnings

In this article:

BayWa (ETR:BYW) Second Quarter 2023 Results

Key Financial Results

  • Revenue: €6.40b (down 3.9% from 2Q 2022).

  • Net loss: €4.00m (down by 105% from €82.7m profit in 2Q 2022).

earnings-and-revenue-growth
earnings-and-revenue-growth

All figures shown in the chart above are for the trailing 12 month (TTM) period

BayWa Earnings Insights

Looking ahead, revenue is forecast to stay flat during the next 3 years compared to a 6.9% growth forecast for the Trade Distributors industry in Europe.

Performance of the market in Germany.

The company's shares are up 4.9% from a week ago.

Risk Analysis

We should say that we've discovered 3 warning signs for BayWa (1 doesn't sit too well with us!) that you should be aware of before investing here.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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