In the first nine months of 2018, the energy division of the Germany-based group recorded a loss of over €10 million. By the end of the year, earnings are expected to enter positive territory, however,BayWa AG reports increased sales in the first three quarters of this year, to €12.2 billion. As anticipated, EBIT fell sharply to €28.3 million, down from €90.3 million in the same period last year. Despite this, the Munich headquartered company is confident of a significant profit jump in Q4. This is based on its plans to sell solar and wind farms totaling 450 MW. CEO Klaus Josef Lutz says this ...Den vollständigen Artikel lesen ...
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