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rwz reports profit for 2024 despite challenges and moderate outlook for 2025
Raiffeisen Waren-Zentrale Rhein-Main AG (RWZ) reported a profit for the 2024 financial year, with turnover at approximately EUR 2.9 billion and an EBIT of EUR 21 million, despite challenges. CEO Christoph Kempkes noted that while results were not record-breaking, the company remains on track with a clear strategy. Looking ahead, expectations for 2025 are tempered due to ongoing market uncertainties, with a proposed dividend of 50 cents per share to be voted on at the upcoming Annual General Meeting.
Raiffeisen Waren joins building materials alliance expanding specialist trade network
Raiffeisen Waren GmbH, based in Kassel, will join the Building Materials Alliance North Specialist Trade on January 1, 2025, adding 53 locations to the alliance. This partnership, now comprising seven Hagebau partners and 151 retail locations in Germany, aims to enhance services like personnel development and joint purchasing negotiations to adapt to market changes.
Raiffeisen Waren GmbH strengthens Baustoff-Allianz Nord with new partnership
Raiffeisen Waren GmbH, based in Kassel, will join Baustoff-Allianz Nord Fachhandel GmbH & Co. KG on January 1, 2025, enhancing the alliance with 53 additional locations. This partnership strengthens the competitiveness of medium-sized companies in the market through joint purchasing and support services. The alliance now comprises seven hagebau partners and 151 retail locations across Germany.
Raiffeisen Waren acquires specialist timber retailer Schmidt and Thürmer
Raiffeisen Waren, based in Kassel, has announced its acquisition of the specialist timber retailer Schmidt & Thürmer located in Mecklenburg-Vorpommern. The takeover is effective retroactively from January 1, 2024.
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