ForFarmers Achieves Strong Performance in the First Half of 2025
ForFarmers has announced remarkable results for the first half of 2025, showcasing a volume increase to 5.2 million tonnes while maintaining strong profitability. This affirmation of their strategic direction highlights the company's robust growth trajectory.
Pieter Wolleswinkel on Company Progress
Pieter Wolleswinkel, CEO of ForFarmers, expressed confidence in their results, stating that the latest numbers reinforce their successful execution of strategic initiatives. The joint venture in Germany and the recent acquisition of Van Triest Veevoeders have both been pivotal in realizing significant volume growth. In the Netherlands, ForFarmers is successfully increasing its market share despite the overall market contraction. Meanwhile, improvements are evident in the UK following its recent reorganization, and Poland's performance is equally commendable.
Sustainability Commitment
The company is making strides in its sustainability agenda, focusing on reducing operational CO2 emissions and enhancing circularity through co-products. This responsibility and innovation from their team are crucial for achieving their mission, 'For the Future of Farming.'
Highlights of H1 2025 Financial Performance
The growth in total volume saw an impressive 21.3% rise when compared to H1 2024, mainly due to strategic acquisitions and joint ventures. Notably, the compound feed volume increased by 5.4%, alongside a gross profit of €290.8 million, marking a 16.8% rise across all clusters.
Additionally, ForFarmers reported a remarkable 42.7% surge in underlying EBITDA and a significant 57.7% increase in underlying EBIT compared to the previous year. The net profit attributable to shareholders also saw a robust growth of 46.3% across the same period, with net cash flow from operating activities jumping to €63.8 million from €25.5 million in H1 2024, facilitating a decrease in net debt.
Improvement in Profitability Across Regions
As of June 30, 2025, the return on average capital employed (ROACE) on underlying EBIT increased to 14.3%, a notable rise from 10.7% the year before. The successful completion of the reorganization in the UK has further strengthened profitability, demonstrating ForFarmers' adaptability and efficiency in their operations.
Future Outlook and Company Profile
ForFarmers is committed to future-proofing the agriculture sector and ensuring sustainability within farming practices. They are a leading supplier in Europe, focusing on delivering high-quality feed solutions while prioritizing environmental responsibility. With operations based in multiple European countries, the company employs approximately 2,900 people and boasts a sales volume of around 10 million tonnes of animal feed.
Located in the Netherlands, ForFarmers is dedicated to supporting farmers with actionable insights, products, and advice. Their mission remains steadfast: to contribute to sustainable food production while enhancing long-term profitability for farmers.
Frequently Asked Questions
What were ForFarmers' total volume results for H1 2025?
ForFarmers achieved a total volume of 5.2 million tonnes in the first half of 2025, showcasing a 21.3% increase compared to H1 2024.
How did ForFarmers' profitability perform in H1 2025?
The company's profitability remained strong, with gross profit rising to €290.8 million, representing a 16.8% increase over the corresponding period last year.
What strategic initiatives contributed to ForFarmers' growth?
The joint venture in Germany and the acquisition of Van Triest Veevoeders played significant roles in driving substantial volume growth.
What improvements were noted in the UK operations?
After completing a reorganization, ForFarmers reported a significant enhancement in profitability within its UK operations.
How is ForFarmers addressing sustainability?
ForFarmers is actively reducing CO2 emissions and enhancing circularity through co-products, demonstrating a commitment to sustainable practices in agriculture.
