The company’s business model has already been streamlined in its first year of restructuring, involving strategic market exits and various portfolio adjustments, carried out in rapid succession. It says there will be additional restructuring measures in view of the overall difficult market situation. Its planning horizon is also being extended by two years to 2030.
BayWa r.e. will continue the separation from unprofitable non-core business units, further significantly improve cost structures, and thus unlock additional earning potential as a more compact unit.
The company’s Management Board plans to achieve an adjusted EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) significantly higher than 150 million euros in 2030 with a substantially more efficient future setup of BayWa r.e.
The company says it intends to focus on specific core markets in Europe in the face of the regulatory hurdles for all market participants in the wind, solar, and battery storage sectors that have risen significantly in recent months, including the massive impacts in connection with energy policy changes in the US, disruptions in global energy markets as well as dramatically increased geopolitical risks that are to be expected in the future.
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