July 2 (Reuters) - BayWa AG ::BAYWA AFFILIATE TFC EXPANDS SOUTH AFRICAN AVOCADO BUSINESS.TFC AND SOUTH AFRICAN AFRUPRO EXPORTERS PROPRIETARY LIMITED EXPAND COLLABORATION AND FORM JOINT VENTURE.TFC WILL HOLD 60 PER CENT OF THE NEW COMPANY.
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March 29 (Reuters) - BAYWA AG ::PROPOSES DIVIDEND OF 0.90 EUROS PER SHARE.INTENDS TO REACH IN 2018 AT LEAST A SIMILAR LEVEL IN TERMS OF EBIT TO 2017.
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Dec 14 (Reuters) - BAYWA AG ::TAKES OVER GRAIN DISTRIBUTOR PREMIUM CROPS LTD.
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Nov 9 (Reuters) - BAYWA AG ::9-MONTH REVENUES EUR 12.0 BILLION VERSUS 11.4 BILLION EUROS YEAR AGO.9MTH EBIT AT EUR 90.3 MILLION, UP 5.7 PERCENT .9-MONTH EBT EUR 90.3 MILLION, + 5.7 PERCENT YOY.SAYS SIGNIFICANT YOY RISE IN REVENUES AND EARNINGS ACHIEVABLE.LIKELY TO RECEIVE EXTRAORDINARY INCOME FROM MARKETING OF BAYWA HIGH-RISE COMPLEX IN FINAL QUARTER.
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Baywa AG : Acquires Australian PV distributor Solarmatrix .Activities of Solarmatrix will be continued with the company BayWa r.e. Solar Systems Pty Ltd. formed specifically for this purpose.
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Baywa CEO : Says is economically a winner of Brexit . Says currency effects after Brexit vote are positive for Baywa as a major grains dealer in UK . Says to continue portfolio adjustments where profitability is not satisfactory . Says to gradually and sustainably increase dividend . Says renewable energy investors returned after short lull following Brexit vote, seeing much interest in wind and solar parks . Says internationalisation not over yet, will focus on grains, fruit, renewable energy . Says decided against joint venture in building materials business due to lack of synergy potential Further company coverage: [BYWGnx.DE] ((frankfurt.newsroom@thomsonreuters.com; +49 69 7565 1270;)).
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Baywa AG : Consolidated revenues stood at almost 7.5 billion euros ($8.36 billion) after the first six months of the year, up 0.5 pct year on year . H1 consolidated net income 14.7 million euros versus 11.6 million euros year ago . H1 earnings before interest and tax (EBIT) increased by 8.6 million euros to a total of 55.3 million euros . Given the current market environment and demand situation, we believe that a year-on-year increase in revenues and earnings is achievable . The second half of the year should be a positive one overall, even though growth could weaken in individual business units .All in all, the business development of Baywa group should improve in the second half of the year.
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BayWa AG : CEO Lutz appointed until 2022 .Decision extends Lutz' existing contract, which terminates on June 30, 2017.
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