BayWa

DE0005194062

Based in Munich, BayWa Aktiengesellschaft is a German company which operates in the agriculture, building materials and energy sectors. It provides trading, strategic and other miscellaneous services in these sectors. The BayWa (Bayerische Warenvermittlung) Group is spread across 14 countries. In Germany and Austria, it operates in all the three core segments of its business and also as a franchisee. The Agriculture segment is further spread via local small scale companies in Belgium, France, Italy, Czech Republic, Slovenia, Croatia, Poland, Slovakia, Hungary and Serbia. With respect to its Renewable Energy Resources business, France, Spain and Australia are of vital importance. BayWa r.e. (Renewable Energy) GmbH operates in these countries through its subsidiaries Renerco Renewable Energy Concepts AG, MHH Solartechnik GmbH and Baywa r.e. Australia. As part of its expansion plan, BayWa is broadening its DIY, garden centres and building materials franchises in Italy and Bosnia and Herzegovina.

BayWa has been a target of short sellers for a while. The current short interest of 0.93% is roughly at the average of the last 12 months (0.65%).

History