Analysts' Conference Call on Yearly Financial Statements as per 31 December 2020
The BayWa Group developed positively overall in 2020, despite the restrictions in many aspects of life and business as a result of the coronavirus pandemic. In certain business units, the corporate goals for the reporting year were exceeded by a substantial margin. Total revenues increased by 0.6% to €17,155.4 million in the reporting year. Earnings before interest and tax (EBIT) improved by 14.2% to €215.2 million. All operating segments contributed to the rise in earnings. In 2020, the BayWa Group once again benefited from its heavily diversified business activities and its strategic orientation towards international markets, as well as from forward-looking business areas and business models.