WINFARM : Ongoing sales momentum in Q1 2025 with +7.9% growth.

Core Insights - WINFARM reported a consolidated revenue of €36.5 million for Q1 2025, reflecting a growth of +7.9% compared to Q1 2024, indicating strong sales momentum across all activities [3][4][8] Revenue Breakdown - Farming Supplies division, which constitutes 86% of total revenue, achieved €31.5 million in Q1 2025, up +5.3% from €29.9 million in Q1 2024, showing a return to normative activity levels [3][4] - Farming Production business, accounting for 12% of total revenue, saw a significant increase to €4.5 million, marking a +32% rise compared to the previous year, driven by demand in the Middle East and Asia [5] - Other activities, including Agricultural Advice and Agricultural Innovation, remained stable at €0.5 million [6] Growth Drivers - The positive sales trends in the Farming Supplies division are attributed to effective measures taken to revitalize sales momentum and maintain gross margin levels through good price control [4] - The expansion of the Farming Production business is supported by the opening of a subsidiary in Singapore to cater to increasing demand in the Asia-Pacific region [5] Future Outlook - The company is optimistic about continued revenue growth and significant improvement in profitability throughout 2025, building on the strong performance in Q1 [8] - The VITAL brand has increased its market share and revenue by +6%, while EQUIDEOS and BTN de Haas also reported sales growth of +8.8% and +11% respectively, indicating robust positioning in their respective markets [9]