Financial Performance - AB Akola Group's consolidated revenue for the 2024/2025 financial year exceeded EUR 1,580 million, representing a 4.9% increase year-over-year [1][3] - The Group's net profit increased by 151.4% to EUR 62.6 million, with EBITDA rising by 51.5% to EUR 111 million [2][3] - The fourth quarter of the 2024/2025 financial year saw consolidated revenue of EUR 414 million, an 8.6% increase from EUR 381 million in the previous year [3] Business Segments - The 'Food Production' segment generated EUR 449.1 million in revenue, with operating profit increasing by 95.6% to EUR 40 million [5] - The poultry business was a major contributor, with gross profit soaring by 103% to EUR 68.9 million, supported by favorable market conditions [6][8] - The 'Partners for Farmers' segment generated EUR 1,151.3 million in revenue, with operating profit improving to EUR 29.4 million [11] Agricultural Performance - The 'Farming' segment reported EUR 47.6 million in revenue, a 9.3% increase, with gross profit at EUR 12.9 million [15] - Agricultural companies harvested 3% more compared to the previous year, driven by strong winter crop yields [16] Market Trends - Consumer preference for sustainable protein sources is rising, while alternative protein prices remain elevated [7] - EU broiler production costs have remained stable or slightly lower, improving producer margins [8] - There is a growing appreciation for higher quality poultry meat raised without antibiotics in Lithuania and Latvia [8][9] Challenges and Opportunities - The poultry market faced challenges from outbreaks of Highly Pathogenic Avian Influenza (HPAI), particularly in Poland and Italy [7] - The 'Other Products and Services' segment generated EUR 20.8 million in revenue, with stable profitability despite rising input costs [17][18]
Correction: AB Akola Group twelve months: the second-best year in the Group‘s history
Globenewswire·2025-08-20 09:27