From GlobeNewswire: 2025-02-20 01:00:00

ForFarmers CEO Pieter Wolleswinkel announces exceptional results for 2024, with volume growth and improved profitability. Strategic steps in Poland and Germany strengthen market positions and sustainability efforts. Key figures for 2024 include a 7.0% increase in total volume, a 8.6% rise in gross profit to €518.3 million, and a 44.0% increase in underlying EBITDA to €100.8 million.

The underling EBIT for 2024 was €59.1 million, with a net profit of €40.6 million. Successful integration of Piast and Van Triest acquisitions, investments in Poland for growth, and a joint venture with team agrar in Germany. A dividend proposal of €0.20 per ordinary share was made, up from €0.15 in 2023.

ForFarmers N.V. is a leading provider of complete feed solutions for livestock farming, focused on sustainability and profitability. With around 9 million tons of feed sold annually, the company operates in several European countries and employs approximately 2,700 people. ForFarmers N.V. is listed on Euronext Amsterdam.

ForFarmers’ forward-looking statements address future financial results, business plans, and strategies. These statements are subject to risks and uncertainties that could lead to actual results differing from expectations. Factors include regulatory changes, economic conditions, and competition. The company does not undertake to update these statements unless legally required.



Read more at GlobeNewswire:: Resultaten ForFarmers over 2024: Volumegroei en significant