BayWa Global Produce revenues fall 7.1% in Q1 2026. BayWa Group reported mixed results across its business segments in the first quarter of 2026, with the Global Produce Segment recording revenues of €217.0 million (US$247.4 million), down 7.1 per cent year-on-year from €233.5 million (US$266.2 million). According to the company, the decline was mainly linked to currency effects. The Global Produce Segment, which includes fruit and vegetable cultivation and trading activities, reported stable business development during the quarter. In the Southern Hemisphere, the company expects another above-average apple harvest with good quality, including in New Zealand. Exports to Asian markets continued despite higher logistics costs, supported by demand for premium fruit. BayWa stated that this particularly benefited its New Zealand subsidiary, T&G Global Limited. The company said apple trading in Germany remained stable overall, although marketing volumes during the quarter were lower than in the same period last year. Trading in avocados, mangoes, and other exotic fruit through subsidiary TFC Holland also developed according to plan, supported by steady demand. As part of its ongoing restructuring process, BayWa confirmed that it has initiated the sale process for its shares in T&G Global Limited. Across the wider group, several agricultural business segments reported lower revenues during the quarter. The BayWa Agri Trade & Service Segment recorded revenues of €499.4 million (US$569.0 million), down 17.4 per cent year-on-year, affected by lower grain prices, reduced sales volumes, and delayed seasonal demand. The Agricultural Equipment Segment generated revenues of €400.7 million (US$456.5 million), down 12.8 per cent compared to the previous year, despite increased sales of smaller machinery. The Renewable Energies Segment reported revenues of €624.8 million (US$711.7 million), down 23.1 per cent year-on-year, while the Heating & Mobility Segment increased revenues to €338.9 million (US$386.0 million), supported by higher crude oil prices during March 2026. BayWa said geopolitical tensions, energy costs, logistics conditions, and changing market demand continued to influence performance across multiple business areas during the reporting period.

Vista GmbH has regained full independence after founders Dr Heike Bach and Prof Wolfram Mauser repurchased shares from BayWa AG at the end of 2025, concluding eight years of joint corporate development. The Munich-based company, founded in 1995, specialises in digital twins using satellite data and proprietary IT solutions to model agricultural land dynamics. Vista has expanded its irrigation management solutions internationally, particularly in Africa through its VariableRain solution, and operates in over 25 countries. The new ownership structure provides Vista with greater entrepreneurial flexibility to pursue growth in water intelligence and agrivoltaics. The company is developing a global high-resolution yield forecast system and positioning itself for new investment opportunities whilst maintaining its relationship with BayWa.