Core Viewpoint - AB Akola Group reported strong financial performance for the fiscal year 2024/2025, with significant increases in revenues, profits, and overall trading volume compared to the previous year [2][3]. Financial Performance Summary - Consolidated revenues reached EUR 1,580 million, a 4.9% increase from the previous year [2][3]. - The Group sold 3,116 thousand tons of products, marking a 3% increase year-on-year [2][3]. - Gross profit rose by 28.4% to EUR 194 million, while operating profit surged by 71.2% to EUR 79 million [2][3]. - EBITDA increased by 49.9% to EUR 110 million, and net profit saw a remarkable rise of 143.6% to EUR 61 million [2][3]. Segment Performance - The 'Partners for Farmers' segment generated EUR 1,151.7 million in revenue, a 1.2% increase from the previous year, with gross profit at EUR 92 million and operating profit at EUR 28.9 million [4][5]. - The 'Food Production' segment's revenue increased by 12.7% to EUR 449.1 million, with gross profit growing to EUR 84.9 million and operating profit rising to EUR 39.1 million [6]. - The 'Farming' segment reported revenue of EUR 47.6 million, up 9.3% year-on-year, with gross profit at EUR 12.9 million and operating profit at EUR 11.2 million [7]. - The 'Other Products and Services' segment had revenue of EUR 20.8 million, with a gross profit of EUR 4 million, but reported an operating loss of EUR 444 thousand [8]. Company Overview - AB Akola Group is the largest agricultural and food production company group in the Baltic States, employing over 5,000 people and operating across the entire food production chain from production to marketing [8].
AB Akola Group's notification on the Annual information for the Audited Financial Year 2024/2025
Globenewswire·2025-10-31 13:05