In an economically difficult year, RWA Raiffeisen Ware Austria AG remains stable for the future thanks to a solid equity ratio of 42 per cent, cooperative collaboration and close cooperation within the warehouse organisation, according to the company's press release. Rising costs, declining sales in key areas and a volatile environment have not shaken the foundation.
Despite difficult weather conditions, agricultural challenges and a volatile economic environment, the year as a whole was characterised by stability and cohesion, according to the company.
The results of the audit and the economic figures for 2024 show that Despite cost increases, declines in gross profit and declines in sales in the building materials and agricultural sectors, which led to a slight decline in earnings, the cooperative was able to confirm a well-managed financial year.
RWA Director General Johannes Schuster reported on the successful repurchase of BayWa shares. RWA is now 100 per cent owned by the warehouse cooperatives. This result was only possible thanks to the close cooperation between RWA and Lagerhaus. Schuster emphasised that a united front in economically difficult times is crucial and that the support of owners and customers will remain an essential part of future success.