ForFarmers Reports Strong Growth and Financial Resilience

ForFarmers Achieves Impressive Half-Year Results

ForFarmers has announced remarkable results for the first half of the fiscal year, showcasing robust volume growth and financial stability. The company, renowned for its comprehensive feed solutions for livestock, highlighted a total volume increase to 5.2 million tonnes. The CEO, Pieter Wolleswinkel, attributed this progress to strategic execution and recent acquisitions. The latest figures demonstrate that ForFarmers is successfully expanding its market presence despite challenges in the agricultural sector.

CEO's Insights on Growth and Strategy

Pieter Wolleswinkel pointed out that the achievements over the past six months validate the company's trajectory. The launch of a joint venture in Germany and the acquisition of Van Triest Veevoeders contributed significantly to the increased volumes. In a contracting market in the Netherlands, ForFarmers has managed to boost its market share, maintaining solid volumes. The reorganization in the United Kingdom has resulted in noticeable improvements in profitability, adding to the overall positive trend.

Highlights from the First Half of 2025

The highlights of this impressive performance are noteworthy. Total volume surged by an impressive 21.3% compared to the same period last year, spurred primarily by the Van Triest acquisition and consolidation of the joint venture. If we focus on like-for-like data, the total volume still reflects a growth of 2.4%. Compound feed volume also increased by 5.4%, indicating strength across various categories.

Financial Performance Metrics

The financial results further reveal that gross profit rose to €290.8 million, marking a 16.8% increase with all clusters contributing positively. The underlying EBITDA and EBIT saw even more significant growth, rising 42.7% and 57.7%, respectively. The underlying net profit attributable to shareholders soared by 46.3%, reaching €23.4 million. Furthermore, net cash flow from operating activities experienced robust growth, bringing it to €63.8 million, a stark rise from €25.5 million reported in the prior year.

Commitments to Sustainability

In addition to impressive financial results, ForFarmers is deeply committed to sustainability. The first half of the year was marked by initiatives aimed at reducing CO₂ emissions from operations and enhancing involvement with co-products to foster a more circular economy. These efforts play a vital role in achieving the company's mission of sustainable farming practices.

Paving the Path for Future Success

Looking ahead, ForFarmers aims to leverage its strong position and continue focusing on sustainability while maintaining its commitment to substantial returns for farmers and stakeholders. With a well-established presence in Europe, the company exports its products to various countries and employs approximately 2,900 individuals, showcasing its significant role in the agricultural sector.

Frequently Asked Questions

What were ForFarmers' total volume results for H1 2025?

ForFarmers reported a total volume increase to 5.2 million tonnes, reflecting a 21.3% rise compared to the previous year.

Who is the CEO of ForFarmers?

The CEO of ForFarmers is Pieter Wolleswinkel, who shared insights on the company's strategic growth during the results announcement.

What was the percentage increase in underlying net profit?

The underlying net profit attributable to shareholders increased by 46.3% to €23.4 million during the first half of 2025.

What sustainability initiatives has ForFarmers undertaken?

The company focused on reducing CO₂ emissions from its operations and enhancing the use of co-products to promote circularity.

Where is ForFarmers headquartered?

ForFarmers is headquartered in the Netherlands and has production activities in several European countries including Germany, Poland, and the United Kingdom.

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