MUNICH (dpa-AFX) - BayWa AG (BYWG) Thursday reported revenue of 6.3 billion euros for the first quarter, flat with the comparable period last year.
Earnings before interest and tax or EBIT in the quarter declined to 91.8 million euros from 144.9 million euros a year ago. The company said that it had an exceptional first quarter last year, and EBIT of the latest quarter exceeded the figures of other previous years.
'The global trends that we at BayWa serve through our business divisions remain intact, as the strong figures for the first quarter of this year also show,' said BayWa Chief Executive Officer Marcus Pöllinger.
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